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Management and Cost Accounting

Management and Cost Accounting

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About the Book

Now in its eighth edition, this has been widely recognised as the definitive textbook on management and cost accounting for over 25 years. Colin Drury expertly blends the theory and practice of management and cost accounting with extensive assessment questions and illuminating Real World Views, to fulfil all undergraduate and professional course needs in a single textbook.

Management and Cost Accounting is ideally suited for use on management accounting and cost accounting modules taught on undergraduate accounting courses and for students preparing for the cost and management accounting examinations of the professional accountancy bodies at intermediate or advanced level. It is also appropriate for use by postgraduate and higher national diploma students studying cost and management accounting for the first time.

Features:

• Contains a wealth of worked examples, practice assessment questions (at various levels of difficulty) and other superb pedagogical features such as exhibits, advance reading, recommended readings and learning objectives.
• Contains over 70 Real World Views to help demonstrate theory in practice and the practical application of accounting in real companies around the world. This helps to engage students and apply their learning to a real life context.
• Fully updated to reflect recent developments in management accounting and ensure that students are fully up to speed with the latest changes.
• Increased emphasis on contemporary methods and issues and increased coverage of the service sector.
• Fresh, colourful new text design aids learning and understanding and maintains students’ engaged attention.

About the Author

Colin Drury 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.



Table of Contents:
PART ONE Introduction to Management and Cost Accounting 1 Introduction to management accounting 2 An introduction to cost terms and concepts PART TWO Cost Accumulation for Inventory Valuation and Profit Measurement 3 Cost assignment 4 Accounting entries for a job costing system 5 Process costing 6 Joint and by-product costing 7 Income effects of alternative cost accumulation systems PART THREE Information for Decision-making 8 Cost–volume–profit analysis 9 Measuring relevant costs and revenues for decision-making 10 Pricing decisions and profitability analysis 11 Activity-based costing 12 Decision-making under conditions of risk and uncertainty 13 Capital investment decisions: appraisal methods 14 Capital investment decisions: the impact of capital rationing, taxation, inflation and risk PART FOUR Information for Planning, Control and Performance Measurement 15 The budgeting process 16 Management control systems 17 Standard costing and variance analysis 1 18 Standard costing and variance analysis 2: Further aspects 19 Divisional financial performance measures 20 Transfer pricing in divisionalized companies PART FIVE Cost Management and Strategic Management Accounting 21 Cost management 22 Strategic management accounting PART SIX The Application of Quantitative Methods to Management Accounting 23 Cost estimation and cost behaviour 24 Quantitative models for the planning and control of stocks 25 The application of linear programming to management accounting


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Product Details
  • ISBN-13: 9788131525470
  • Publisher: Cengage Learning India
  • Publisher Imprint: CL EMEA
  • Edition: 08
  • Language: English
  • Width: 203 mm
  • ISBN-10: 8131525473
  • Publisher Date: January, 2015
  • Binding: Paperback
  • Height: 254 mm
  • No of Pages: 810

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