Management and Cost Accounting - Softcover

Drury, Colin

Softcover

ISBN 10: 0412464004 ISBN 13: 9780412464003

Publisher: Chapman & Hall, 1994

Synopsis

Drury’s Management & Cost Accounting is the market-leading European text on management accounting and is a comprehensive authority on all aspects of the subject.

This accompanying Student’s Manual is a workbook that comprises a set of extra problems and solutions that correspond with the chapters of the main text. Together, the main text and the Student’s manual form an ideal learning package. The problems and solutions allow students to pursue topics in more depth and to concentrate on the application of principles in management and cost accounting. The key topics are covered in detail and provide a superb opportunity to practise answering exam questions, many of which are taken from past papers of professional accountancy bodies such as CIMA, ACCA, AAT, ICAEW and ICAI.

About this title

Review

PART 1: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING. An introduction to cost terms and concepts. PART 2: COST ACCUMULATION FOR INVENTORY VALUATION AND PROFIT MEASUREMENT. Cost assignment. Accounting entries for a job costing system. Process costing. Joint and by-product costing. Income effects of alternative cost accumulation systems. PART 3: INFORMATION FOR DECISION-MAKING. Cost-volume-profit analysis. Measuring relevant costs and revenues for decision-making. Activity-based costing. Pricing decisions and profitability analysis. Decision-making under conditions of risk and uncertainty. Capital investment decisions: appraisal methods Capital investment decisions: the input of capital rationing, taxation, inflation and risk PART 4: INFORMATION FOR PLANNING, CONTROL AND PERFORMANCE MEASUREMENT. The budgeting process. Management control. Standard costing and variance analysis 1. Standard costing and variance analysis 2: further aspects. Divisional financial performance measures. Transfer pricing in divisionalized companies. PART 5: COST MANAGEMENT AND STRATEGIC MANAGEMENT ACCOUNTING. Cost management. Strategic management. PART 6: THE APPLICATION OF QUANTITATIVE METHODS TO MANAGEMENT ACCOUNTING. Cost estimation and cost behaviour. Quantitative models for the planning and control of stocks. The application of linear programming to management accounting.

Synopsis

This is the student's manual to accompany the text on management and cost accounting. It provides brief descriptions of all the problems set in the main textbooK and then gives detailed solution guides to about half of them. The problems allow students to pursue topics in more depth and concentrate on the application of principles in cost and management accounting. Taken together, the textbook and the Student's Manual form a flexible learning package, covering all the relevant subjects in depth and providing the opportunity to practice answering questions, many of which are taken from past papers of professional acccountancy bodies (CIMA, CACA, ICAEW). Students can test their understanding of each topic in the particular syllabus they are following. The Student's Manual provides full numerical solutions to the problems in the main text which have an asterisk beside the question number and where necessary, supplements the main text with a discussion of the additional issues raised by the questions. To essay questions, the Student's Manual gives an outline answer and refers to the appropriate section of the main book. The chapters in the manual correspond with those in the text.

Edition details

• Publisher: Chapman & Hall
• Publication date: 1994
• Language: English
• ISBN 10: 0412464004
• ISBN 13: 9780412464003
• Binding: Paperback
• Edition number: 3
• Number of pages: 306