Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non-financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions.
Indian Institute of Management Bangalore is a public business school and Institute of National Importance located in Bangalore, India. Founded in 1973, it was the third IIM to be established, after IIM Calcutta and IIM Ahmedabad.
The Institute of Chartered Accountants of India (ICAI) is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament for promotion, development and regulation of the profession of Chartered Accountancy in India.
The Institute of Cost Accountants of India (ICMAI), which was also known as The Institute of Cost & Works Accountants of India (ICWAI) is a professional accountancy body in India. It is under the ownership of Ministry of Corporate Affairs of the Government of India. It has as its prime responsibility to contribute to the cost and management accounting profession at the global level.
Sat Paul Parashar is an Indian financial management expert and business education administrator. Dr Parashar has been member of the Boards of a number of corporations and management institutions. He has contributed to many business and management schools, corporates and banks in Asia and the Middle East, notably in India, Singapore, Nepal, the United Arab Emirates, Bahrain, Oman, and Qatar. He was appointed as director at the Indian Institutes of Management, Indore from 2004 to 2008. Currently, working as Independent Financial Services Professional, based out of Arizona, USA also Adjunct Faculty of Finance at Rady School of Management, University of California, USA.
Prof. Trilochan Sastry was formerly the Dean (Academics) at Indian Institute of Management, Bangalore. He is also a political activist, chairman of the Association for Democratic Reforms, and a frontline leader of the Right to Information campaign.
T. V. Mohandas Pai is a recipient of the Padma Shri, India's fourth highest civilian award conferred by the Government of India and the current Chairperson of Manipal Global Education. He was a former board member at Infosys, and Head – Administration, Education, and Research, Financial, and Human Resources at the Infosys Leadership Institute.
The University College of Management Studies is a private university college in Accra and Kumasi, Ghana. The school is affiliated with the School of Business of Kwame Nkrumah University of Science and Technology, Kumasi and the University of Education Winneba, Kumasi Campus.
Roger W. Mills is a British economist working in the area of corporate finance. Emeritus professor at Henley Business School University of Reading, the Group chairman at Value Focus Group, a group of consulting firms, Chief Instructor and Chairman of the British Shito Ryu Karate Association (BSKA), 8th Dan (Kyoshi).
Prakash G Apte was a professor at Indian Institute of Management Bangalore. He is also a former Director of the institute. At IIM Bangalore, he has occupied the UTI Chair in Capital Market Studies since 1994. He has also taught at Columbia University, Katholieke Universiteit Leuven and EDHEC Business School. Currently, he teaches International Finance at NMIMS, Mumbai.
Management accounting principles (MAP) were developed to serve the core needs of internal management to improve decision support objectives, internal business processes, resource application, customer value, and capacity utilization needed to achieve corporate goals in an optimal manner. Another term often used for management accounting principles for these purposes is managerial costing principles. The two management accounting principles are:
- Principle of Causality and,
- Principle of Analogy.
Shane S. Dikolli (Ph.D.) is an Associate Professor of Accounting at University of Virginia's Darden School of Business. He was ranked 4th overall and 1st in accounting in Bloomberg Businessweek Most Popular Business School Professors Among Top 30 Business Schools Rankings. Dikolli was also named Professor of the Week by the Financial Times in August 2011.
J Ramachandran is a professor of corporate strategy at the Indian Institute of Management Bangalore. He teaches corporate strategy and policymaking. He was named as one of the nine best business school professors in India by Business Today in 2006. He is the first Bain fellow in India.
Mrityunjay Athreya is an Indian author, educationist and management advisor, widely regarded as one of the founders and pioneers of Indian Management movement and education. A former professor at the Indian Institute of Management, Calcutta, the London Business School and the Strathclyde Business School, Scotland, and a known speaker at various international forums, he is the founder of Sampradaan Indian Centre for Philanthropy, a non-profit non governmental organization, serving as a platform for charity initiatives by high-net-worth individuals. The Government of India honored him, in 2014, by bestowing on him the third highest civilian award, the Padma Bhushan.
Alnoor Bhimani is Professor of Management Accounting and Director of the South Asia Centre at the London School of Economics and Political Science (LSE). He is former Head of the Department of Accounting and the Founding Director of LSE Entrepreneurship. Bhimani's academic work covers financial management and digitalisation; managerial accounting and strategic finance; entrepreneurship and economic growth; and global development and governance issues.
N. Srinivasa Iyer Ramaswamy (1926–2012), popularly known as Cartman Ramaswamy, was an Indian engineer, educationist, management academic and writer, and the founder director of the Indian Institute of Management, Bangalore. He was the founder of Centre for Action, Research and Technology for Man, Animal and Nature (CARTMAN), a non governmental organization working for region-relevant and appropriate technology transfer to rural areas and Indian Heritage Academy, an organization involved in propagating Indian cultural traditions. He was also the founder chairman of the Adarsh Vidya Kendra (AVK) Group of educational institutions. The Government of India awarded him the third highest civilian honour of the Padma Bhushan, in 2006, for his contributions to society.
The Institute of Certified Management Accountants of Sri Lanka, is a professional body offering qualification in management accountancy in Sri Lanka.
Kandathil Mathew Abraham is a retired Indian IAS officer who is currently serving as Chief Principal Secretary to the Chief Minister of Kerala He also serves as the Chief Executive Officer of the Kerala Infrastructure Investment Fund Board (KIIFB) and Executive Vice Chairperson of Kerala Development and Innovation Strategic Council. He retired as the Chief Secretary of Kerala in December 2017. He belongs to the 1982 batch of IAS. He was instrumental in bringing out the Sahara Group Scam when he was a member of Securities and Exchange Board of India.
