Description

Management Accounting for Business provides a thorough introduction to the theory and practice of management accounting. Accessible and student friendly, the text excludes the technical and more advanced content that is required by specialist accounting students but offers the general business student on an undergraduate, postgraduate or post-experience course a firm foundation in management accounting. It is the ideal introductory text for all non-accounting students studying management accounting on a modular one or two-semester undergraduate degree course, or as part of an MBA course.

New to this edition

* Increased coverage of the organizational and social aspects of management accounting

* Answers to end of chapter questions are now given at the back of the text

* Greater cross referencing between the text and the accompanying website

* Improved text design to improve the look and usability of the text

* Real World Views feature, offering mini case studies within the text - to include international/global companies

Features

* Comprehensive coverage of management accounting principles and their relevance to the business environment

* A detailed exploration of the uses of management accounting information in the financial decision making process

* A large number of pedagogic features, including examples, review questions and selected answers, learning objectives, chapter summaries and key concepts

* Real World Views feature, offering mini case studies within the text - to include international/global companies

Table of contents

PART I: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING.

1. Introduction to management accounting.

2. An introduction to cost terms and concepts.

PART II: INFORMATION FOR DECISION-MAKING.

3. Cost volume profit analysis.

4. Measuring relevant costs and revenues for decision-making.

5. Cost assignment.

6. Activity-based costing.

7. Pricing decisions and profitability analysis.

8. Decision-making under conditions of risk and uncertainty.

9. Capital investment decisions.

PART III: INFORMATION FOR PLANNING, CONTROL AND PERFORMANCE MEASUREMENT.

10. The budgeting process.

11. Management control systems.

12. Standard costing and variance analysis.

13. Divisional financial performance measures.

14. Transfer pricing in divisionalized companies.

PART IV: COST MANAGEMENT AND STRATEGIC MANAGEMENT ACCOUNTING.

15. Cost management.

16. Strategic management accounting.

Bibliography.

Appendices.

Case study problems.

Index.