Organizations and accounting - Differences between Financial Accounting and Management Accounting - Understanding Financial Statements - Interpreting Financial Statements Financial Statement Analyses – Horizontal and Vertical Analyses – Value Chain Analysis - Significant Accounting Policies, Accounting Standards - Features of Corporate Accounting - Creative Accounting - Cash Flow and Fund Flow Techniques - Costs - Cost Estimation - Estimating Product Costs and Activity-Based Costing - Product Planning Decisions - Cost-Volume-Profit Analysis - Budgets and Budgeting - Cost Allocations - Traditional Absorption Costing Systems - Management Accounting in a Changing Environment.