"Management Accounting. Part 1 – Balance Sheet | Profit/Loss Account." is based completely on the textbook «Management Accounting.». The textbook «Management Accounting.» describes in detail the Big Picture – the central overall connection in accounting/controlling – as well as the elements which affect this connection: Balance Sheet | Profit/Loss Account | Profit Plan | Finance Plan | Budgeted Balance Sheet. "Management Accounting. Part 1 – Balance Sheet | Profit/Loss Account" deals with the contents of and the connections between the elements Balance Sheet and Profit/Loss Account in detail. Additionally, the effects of concrete accounting/controlling activities and business cases in and on balance sheet and profit/loss account are presented and annotated. Target groups of «Management Accounting. Part 1 – Balance Sheet | Profit/Loss Account» are students of economic/business courses in the framework of their basic education or in the framework of their introductory courses, students doing post-graduate programmes, as well as managers in enterprises with practical experience – all of them facing the challenge of having to understand and to apply the basic connections of accounting in enterprises – presented in and through balance sheet and profit/loss account. "Management Accounting. Part 1 – Balance Sheet | Profit/Loss Account" is supplemented and continued by «Management Accounting. Part 2 – Profit Plan | Finance Plan | Budgeted Balance Sheet».