Tab Article

Genre: Textbook, Accounting, Business Management, Finance
Ratings: ★★★★☆ (4/5)

Book Review:
''Management Accounting: Text and Cases'' by N.M. Singhvi and Ruzbeh J. Bodhanwala is a well-regarded and practical textbook designed to bridge the gap between managerial accounting theory and real-world business decision-making. Now in its updated second edition, the book provides a thorough grounding in core concepts such as cost analysis, budgeting, performance evaluation, and strategic financial management. Its standout feature is the seamless integration of contemporary case studies drawn from top-tier multinational corporations like Infosys, Wipro, GlaxoSmithKline, and Nestle, alongside recent annual reports (e.g., Ingersoll Rand India Limited). This approach equips students with not only the theoretical knowledge but also the analytical skills needed to interpret financial data and make informed management decisions in a dynamic market environment. Primarily targeted at undergraduate and postgraduate students of commerce and management, its clear explanations and practical focus also make it a valuable resource for professional certification candidates. The authors bring decades of combined academic and corporate experience, ensuring the content is both authoritative and relevant. This book is a solid choice for any course or individual seeking a comprehensive, case-driven introduction to management accounting.