Subject(s): Financial statement -- Financial Accounting -- Cost Accountancy -- Nature and scope of management accounting, accounting process and principles, analysis of financial statement -- Ratio analysis, statement of change in financial position, cash flow statement, marginal costing -- Break- even analysis - cost volume profit analysis, standard costing, budgetary control, capital budgeting -- Capital budgeting under conditions of uncertainties, cost analysis and pricing decisions, inflationary accounting, responsibility accounting, management reporting -- valuation of goodwill and shares