"In a fast-evolving business environment across the globe, Introduction to Management Accounting, 16e captures the dynamism and complexities under which present-day managers require to use and process significant amounts of accounting data and information for decision-making. The book aims to provide its readers, a comprehensive set of approaches and mechanisms used by businesses for decision-making using accounting information. This edition of this book brings about the relevant dimensions of management accounting in the Indian context. It includes contexts and discussions using examples from the Indian context to elaborate on the concepts. Extended discussions related to relevant Indian laws and regulatory provisions have been appropriately added to draw a parallel with global practices. The text covers both theory and common practices for students to understand how to produce and process information that is useful in day-to-day decision making. Established in its previous editions, this book is considered an essential tool that enhances a manager's ability to make effective economic decisions."