Accounting for Managers: For VTU

Accounting for Managers: For VTU is a comprehensive textbook designed to help students understand the concepts, theories, and practices underlying accounting in a systematic manner. It provides cutting-edge material comprising new and unique study tools and fresh, thought-provoking content. Though catering to the requirements of students pursuing management courses, this book is also useful for students pursuing the CA, CS, and ICWA courses.

Objective 7: Compliance with Accounting Standards.

Cover; Brief Contents; Contents; Preface; Chapter 1: Accounting as an Information System; Introduction; Objective 1: Meaning and Definition of Accounting; Objective 2: Characteristic Features of Accounting; Objective 3: Concept of Accounting as Information System; Objective 4: Characteristic Features of an Accounting System; Objective 5: Users of financial Accounting Information; 5.1 Investors; 5.2 Suppliers and Creditors; 5.3 Lenders; 5.4 Employees; 5.5 Customers; 5.6 Government and Regulatory Services; 5.7 Security Analysts and Advisors; 5.8 Public; 5.9 Management.

Objective 6: Branches of Accounting6.1 Financial Accounting; 6.2 Cost Accounting; 6.3 Management Accounting; 6.4 Tax Accounting; 6.5 Social Responsibility Accounting; 6.6 Other Branches of Accounting; Objective 7: Distinction between Financial Accounting and Management Accounting; Objective 8: Objectives of Financial Accounting; Objective 9: General Purpose Statement; Objective 10: Qualitative Characteristics of Accounting Information or Financial Statements; 10.1 Understandability; 10.2 Relevance; 10.3 Reliability; 10.4 Comparability; Objective 11: Functions of Accounting.

Objective 12: Advantages of AccountingObje…