T. S. Grewal’s Management Accounting

About Book – ‘T. S. Grewal’s Management Accounting’

  • It gives us immense pleasure to present this thoroughly revised edition of
  • Management Accounting for students of Class XII appearing for the Indian School Certificate (ISC) Examination to be held in 2023.
  • It is important to note that treatment of Proposed Dividend (Final Dividend) in Cash Flow Statement is to be as per Accounting Standard-4, Contingencies and Events
  • Occurring after the Balance Sheet Date. The Council had prescribed formats for
  • Comparative Statements and Common-size Statements, which have been followed.
  • Although Statement of Profit and Loss is not part of the syllabus (Application of Schedule III), yet it is required to be studied for Comparative Income Statement, Common size Income Statement. Cash Flow Statement and Accounting Ratios It has therefore, been discussed in the book
  • Questions from the 2020 Examination have been incorporated at appropriate places in the book A concerted effort has been made to cover the syllabus extensively keeping in view its scope. A number of fresh illustrations and questions have been added to meet the requirements of the syllabus.
  • Short Answer Type (2-Mark) Questions and Multiple Choice Questions have been given at the end of each chapter to test a student’s in-depth understanding of the subject. Every chapter has graded practical questions from easy to difficult. New questions
  • included in the exercises will be of immense help to students.
  • We have used scannable technology in the book to provide material (text, illustrations and master questions) to students. The same can be accessed by scanning the relevant QR Code. This has not only helped in containing the volume of the book but also in keeping the price in check.
  • Salient features of the book: As per the Syllabus and latest Guidelines issued by the ISC Council
  • Simple and lucid style
  • Due weightage to each topic as per ISC Guidelines Up-to-date illustrations for easy understanding of the subject
  • Master Questions and Advanced Level Questions (with Solutions) are given at the end of each chapter in the form of QR Codes. These are also available at https://www.sultan-chand.com/ws/ma12