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This book has been primarily designed to meet the needs of B.Com. students under the recommended National Education Policy 2020 (NEP 2020) for the subject Management Accounting. It serves as a self-study text and provides essential guidance for understanding of an Introduction to Management Accounting; Marginal Costing; Budgeting and Budgetary Control; Standard Costing, Responsibility Accounting and Transfer Pricing. The book has been written in simple and lucid manner covering all the important equations, formulae and practical steps in a systematic manner to aid students learning. Based on the author's proven approach "teach yourself" style, the book is replete with numerous illustrations, exhibits and solved problems.