Management and Cost Accounting

by Drury, Colin

• ISBN13: 9781861525369
• ISBN10: 1861525362
• Edition: 5th
• Format: Paperback
• Copyright: 2000-04-27
• Publisher: Cengage Learning EMEA Higher Education

Summary

The market-leading European text on management accounting and comprehensive authority on all aspects of the subject has been streamlined and substantially redesigned in its 6th edition to make it even more suitable for the needs of todays student. The aim of the new edition is to explain the principles involved in the design and evaluation of management and cost accounting information systems. The emphasis in the book is on management accounting systems that will be used for internal decision-making purposes within an organisation, however, cost accounting systems for external reporting are also comprehensively covered. It has been brought up to date with the latest developments in the subject. Having been made stronger pedagogically with the addition of the answers to the questions and more real-world mini cases, the text brings home the relevance of the subject matter to the real world of business.

Table of Contents

Part One: Introduction to Management and Cost Accounting	1	(42)
Introduction to management accounting	3	(18)
An introduction to cost terms and concepts	21	(22)
Part Two: Cost Accumulation for Inventory Valuation and Profit Measurement	43	(190)
Cost assignment	45	(52)
Accounting entries for a job costing system	97	(36)
Process costing	133	(40)
Joint and by product costing	173	(28)
Income effects of alternative cost accumulation systems	201	(32)
Part Three: Information for Decision-making	233	(310)
Cost-volume-profit analysis	235	(44)
Measuring relevant costs and revenues for decision-making	279	(56)
Activity-based costing	335	(36)
Pricing decisions and profitability analysis	371	(40)
Decision-making under conditions of risk and uncertainty	411	(42)
Capital investment decision: 1	453	(40)
Capital investment decisions: 2	493	(50)
Part Four: Information for Planning, Control and Performance Measurement	543	(344)
The budgeting process	545	(48)
Management control systems	593	(54)
Contingency theory and organizational and social aspects of management accounting	647	(24)
Standard costing and variance analysis 1	671	(58)
Standard costing and variance analysis 2: further aspects	729	(62)
Divisional financial performance measures	791	(46)
Transfer pricing in divisionalized companies	837	(50)
Part Five: Cost Management and Strategic Management Accounting	887	(64)
Cost management	889	(34)
Strategic management accounting	923	(28)
Part Six: The Application of Quantitative Methods to Management Accounting	951	(116)
Cost estimation and cost behavior	953	(40)
Quantitative models for the planning and control of stocks	993	(36)
The application of linear programming to management accounting	1029	(38)
Notes	1067	(6)
Bibliography	1073	(6)
Appendices	1079	(14)
Answers to self-assessment questions	1093	(50)
Case study problems	1143	(46)
Index	1189