This text provides an introduction to management accounting. It enables students to develop an understanding of how managers use and interpret information to make rational decisions, how they make plans based on those decisions and exercise control over their organizations, and how they implement those plans.
Topics covered include:
Costs and decision making
Budgets and budgetary control
Standard costs and variance analysis
Evaluation of divisional performance.
The material will be available in modules to provide a flexible resource base which can be readily adapted to meet the precise needs of students and lecturers.
In addition, comprehensive guidance is available for lecturers explaining how to integrate the material into existing programme structures, suggested answers to activities, and solutions to exercises and assessments.
2. Relevant Costs for Decision Making.
3. Investment Decisions.
4. Further Aspects of Investment Decision Making.
5. Cost–Volume–Profit Analysis.
6. Full (Total) Costing.
7. Budgets and Budgetary Control.
8. Control Through Variances.
9. Divisional Performance Measurement and Control.