1. Management Accounting : Meaning, Scope and Functions 2. Accounting Principles : Concepts and Conventions 3. Financial Statements 4. Analysis and Interpretation of Financial Statements 5. Ratio Analysis 6. Cash Flow Statement 7. International Financial Reporting Standards (IFRS) 8. Leverage 9. Marginal Costing and Absorption Costing 10. Decision Accounting and Marginal Costing System 11. Differential Cost Analysis 12. Break-Even Point or Cost-Volume-Profit Analysis 13. Budgetary Control 14. Business Budgeting 15. Responsibility Accounting 16. Management Audit and Reports.