Management and Cost Accounting (with CourseMate & EBook Access Card)
Now in its eighth edition, this international bestseller 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.
- Mixed media product | 816 pages
- 196 x 260 x 28mm | 1,378.91g
- 27 Mar 2012
- Cengage Learning EMEA
- London, United Kingdom
- 8th Revised edition
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
"Providing a balance between theory and practical relevance, this excellent text is ideally suited to both management accounting undergraduate courses and professional courses." Clare Guthrie, Principal Lecturer in Management Accounting, Manchester Metropolitan University, UK "The opportunity cost of not studying this superb textbook is that you will have forgone a great chance to master the relevant calculation techniques embedded in the management accounting profession." Sophie Hoozee, Assistant Professor in Management Accounting, IESEG School of Management Lille-Paris, France "This excellent text is relevant to our courses, especially as the assessment section is referenced to different levels of difficulty. The inclusion of more Real World Views will greatly benefit my students, particularly as few have work experience in the areas covered." Francois Benade, Senior Lecturer in Management Accounting, UNISA, South Africa
About 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.