A modern and contemporary approach to Management Accounting, this textbook written specifically for courses in the UK and Europe provides an essential grounding for students studying both traditional and new Management Accounting techniques. Importantly, this complete text takes its readers beyond just the traditional accounting techniques, to place accounting information and the role of the Management Accountant in a broader organizational context. The text will provide a definitive education for tomorrow's "business-partner" Management Accountants and finance-literate business managers.
PART 1: BACKGROUND AND CONTEXT
1 Introduction to management accounting and its changing context
2 Information and management accounting
PART 2: ACCOUNTING FOR COSTS
3 The classification of cost(s)
4 Costing systems
5 Cost reporting
6 Activity-based costing
PART 3: PLANNING AND CONTROL
7 Planning and control: ideas, theories and principles Traditional budgeting
8 Standard costing, flexible budgets and variance analysis
9 Beyond traditional budgeting
PART 4: BUSINESS DECISION MAKING
10 Short-term decision making: cost-volume-profit analysis
11 Cost behaviour and estimation
12 Decision making: relevant costs and revenues
13 Pricing
14 Capital investment decisions
PART 5: PERFORMANCE MEASUREMENT
15 Performance measurement and management: ideas, theories and principles
16 Accounting for strategic management
17 Financial performance measurement and transfer pricing
PART 6: STRATEGIC MANAGEMENT ACCOUNTING
18 Cost management, value creation and sustainable development
19 Managing quality and time
20 Information systems and management accounting
21 Managing change and challenges for the future
