1. Evolution of Management Accounting 2. Financial Statement 3. Analysis and Interpretation of Financial Statements 4. Fund-Flow Statement 5. Cash Flow Statement (As per Accounting Standard-3) 6. Marginal Costing and Absorption Costing 7. Break-Even-Point or Cost-Volume Profit Analysis 8. Decision Accounting and Marginal Costing System 9. Pricing Methods and Strategies 10. Business Budgeting 11. Budgetary Control 12. Standard Costing and Cost Variance Analysis.