This book covers both Management Accounting and Corporate Finance. Plenty of illustrations are given starting from basic level to higher level. Basic Financial Accounting covering preparation of Journal, Ledger, Trial Balance and Final Accounts, Trading Account, Profit & Loss Account and Balance Sheet are vividly presented with adequate narration of steps. Financial Ratio Analysis, i.e., Cash Flow and Funds Flow Statement Analysis forms parts of this book. Methods and techniques of Costing, Elements of Cost, Cost Sheet, and Cost Classification are explained elaborately. Problems relating to Marginal Costing and Profit Planning, Budgetary Control, Standard Costing and Variance Analysis are the special features of this book. Foundations of Finance including Financial Statement, Investment Decisions, Capital Budgeting, Payback Method, Accounting Rate of Return, NPV, IRR, DCF and Capital Rationing are dealt with from the examination point of view. Financing and dividend decision includes Leverage, Capital Structure and Dividend Policy. Working Capital Management, Capital Market and Long-term Finance, covering both theory and practice are the special features of this book