1. Management Accounting : Meaning, Scope and Functions 2. Financial Statements 3. Analysis and Interpretation of Financial Statements 4. Ratio Analysis 5. Cash Flow Statement 6. Business Budgeting 7. Marginal Costing and Absorption Costing 8. Decision Accounting and Marginal Costing System 9. Break-Even Point or Cost-Volume-Profit Analysis 10. Standard Costing and Cost Variance Analysis 11. Management Audit and Reports.