Welcome to Accounting for Management!

Accounting For Management has been created to make accounting topics simple and easy to understand for anyone who wants to get information about any topic of financial or managerial accounting. For easy navigation, the site has been divided into three sections - explanations, exercises, and problems. A brief introduction of each section is given below:

Explanation:

This section contains clear explanation of various financial and managerial accounting topics. We have tried to explain each accounting topic in easy language. Multiple examples have been given to make the concept easily understandable for students, managers and other business professionals. You can access this section from any page of the website by clicking on the 'explanation' tab provided in the top horizontal menu.

Please click on a topic to read an article included in that topic:

Topics

No. of articles

Classifications of cost 7
Variable and absorption costing 4
Standard costing and variance analysis 10
Cost volume profit relationship 5
Financial statement analysis/accounting ratios analysis 34
Job order costing system 10
Capital budgeting techniques/methods 13
Inventory costing methods
Statement of cash flows

Exercises:

This section contains exercises and their solutions. Each exercise tells students the solution of a unique situation. You can access this section from any page of the website by clicking on the 'exercises' tab provided in the top horizontal menu.

Please click on a topic to see the exercises and solutions included in that topic:

Topics

No. of exercises

Variable and absorption costing - exercises and solutions
Cost volume and profit relationships - exercises and solutions
Standard costing and variance analysis - exercises and solutions
Capital budgeting techniques - exercises and solutions 20
Inventory costing methods - exercises and solutions

Problems:

This section contains problems and their solutions. Problems can be viewed as complex accounting questions. You can access this section from any page of the website by clicking on the 'problems' tab provided in the top horizontal menu.

Please click on a topic to see the problems and solutions included in that topic:

Topics

No. of problems

Variable and absorption costing - problems and solutions
Cost volume and profit relationships - problems and solutions
Standard costing and variance analysis - problems and solutions
Capital budgeting techniques - problems and solutions 7