This book covers the managerial use of accounting information to managers within organizations and to provide them with the basis to make informed business decisions. It covers a wide variety of managerial uses of accounting information in line with the ever changing and dynamic nature of the business environment. Emphasis is made on the practical applications of managerial concepts, tools and methodology. It covers a broad selection of management accounting areas that will enhance the knowledge and skills of managers in planning, controlling and decision making. It will also help students in accountancy develop their proficiency and comprehension of using relevant accounting information in determining how business decisions are made in real situations. This book provides a comprehensive study on Financial Statement Analysis, Cost-Volume-Profit Analysis, Variable Costing, Activity Based Costing, Differential Cost Analysis, Pricing Decision, Transfer Pricing, Budgeting for Profit and Control, Standard Costs and Variance Analysis, Quantitative Methods, Working Capital Management, and Capital Budgeting. Each chapter provides example problems with solutions that will make the learning process simple and easier to comprehend. This will guide you on a step by step basis in solving management accounting problems that will aid you in making informed business decisions. Each subject area gives test problems at the end of each chapter that will check your skill and understanding in your learning process. The answers and solutions to these test problems are provided in the Answers and Solution section of this book.