Management and Cost Accounting, Student Manual Paperback – 17 Dec 2007
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PART 1: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING. An introduction to cost terms and concepts. PART 2: COST ACCUMULATION FOR INVENTORY VALUATION AND PROFIT MEASUREMENT. Cost assignment. Accounting entries for a job costing system. Process costing. Joint and by-product costing. Income effects of alternative cost accumulation systems. PART 3: INFORMATION FOR DECISION-MAKING. Cost-volume-profit analysis. Measuring relevant costs and revenues for decision-making. Activity-based costing. Pricing decisions and profitability analysis. Decision-making under conditions of risk and uncertainty. Capital investment decisions: appraisal methods Capital investment decisions: the input of capital rationing, taxation, inflation and risk PART 4: INFORMATION FOR PLANNING, CONTROL AND PERFORMANCE MEASUREMENT. The budgeting process. Management control. Standard costing and variance analysis 1. Standard costing and variance analysis 2: further aspects. Divisional financial performance measures. Transfer pricing in divisionalized companies. PART 5: COST MANAGEMENT AND STRATEGIC MANAGEMENT ACCOUNTING. Cost management. Strategic management. PART 6: THE APPLICATION OF QUANTITATIVE METHODS TO MANAGEMENT ACCOUNTING. Cost estimation and cost behaviour. Quantitative models for the planning and control of stocks. The application of linear programming to management accounting.
About the Author
Colin Drury BA MBA ACMA is Emeritus Professor at Huddersfield University and a leading textbook author for a generation of accounting students. His books have been widely recommended by the main professional accounting bodies for their examinations. He is an active researcher and published in the main peer-reviewed journals including Management Accounting Research and European Accounting Review, with his research focussing on the application of management accounting techniques in British industry.
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Top Customer Reviews
Nevertheless, the student's workbook has proved to be an essential companion to the textbook. It contains a considerable amount of worked solutions to end of chapter questions. These were especially helpful, especially in the areas of the course where I am having difficulty.
I would recommend this book to other accountancy students who are reading the parent textbook and having difficulty in a lot of the areas. However, those students who are not having many difficulties (although there are few of them!) would probably be just as well off without the student's workbook.
The student's manual is highly recommended too.
The chapters all contain worked examples of the subject, but some examples are lenghty and then become difficult to follow.
Overall this is a good book for any budding accounting student!!
Most Recent Customer Reviews
great book. well written and helped me to pass F5 ACCA exam - recommend if you are not a fan on MA and want to passPublished 9 months ago by sparrow81
Recommended reading for my Business Management with Finance Degree course. Contains required course principles to gain understanding and application of examples. Read morePublished 17 months ago by John Charles
It claims to be very new but it turns out to be a really old one. But i need it like right away so i didn't return it.Published on 31 Dec. 2013 by Ivy
The description of this was slightly misleading at the time of purchase. the photo does show that its not the actual text i believe most people are looking for but they could have... Read morePublished on 3 Nov. 2013 by james sharp
Since I can not find this book in library, it is very useful for my subject. And the price is acceptable.Published on 2 Nov. 2013 by JIARONG XU