For over thirty-five years, Colin Drury߯'¿'½s Management and Cost Accounting has successfully blended theory and practice. Established as the leading text in the field, it helps students learn the key concepts and processes of management and cost accounting.Now in its twelfth edition, the text retains its trademark clear and accessible style, covering everything students need to know for their management accounting career and professional exams. Every chapter includes an ߯'¿'½Employability Skills߯'¿'½ question, review problems from accounting examination bodies and recent real-world examples of well-known international organizations such as Netflix, Amazon and Apple. This edition includes new chapters on data analytics and environmental management accounting as well as expanded coverage of strategic performance and cost management, value creation and quality management. Drawing on his extensive experience, Mike Tayles continues to comprehensively revise Colin Drury's text.
Inhalt
Part 1: Introduction to MCA
1. Introduction to MA 2. An introduction to cost terms and concepts
Part 2: Cost accumulation for inventory valuation and profit measurement
3. Cost assignment 4. Process costing 5. Joint and by-product costing 6. Income effects of alternative cost accumulation systems
Part 3: Information for decision-making
7. Cost-volume-profit analysis 8. Measuring relevant costs and revenues for decision-making
9. Pricing decisions and profitability analysis 10. Activity-based costing
11. Decision-making under conditions of risk and uncertainty 12. Capital investment decisions: appraisal methods
13. Capital investment decisions: the impact of capital rationing, taxation, inflation and risk
Part 4: Information for planning, control and performance measurement
14. Management control systems 15. The budgeting process
16. Standard costing and variance analysis 1 17. Standard costing and variance analysis 2: further aspects
18. Divisional financial performance 19. Transfer pricing in divisionalized companies
Part 5: Strategic performance and cost management for value creation; digitalization, sustainability and the future of management accounting
20. Strategic performance management 21. Strategic cost management and value creation
22. Management accounting: current technologies and data analytics 23. Sustainability and environmental management accounting
24. Overview and challenges for the future
Part 6: Addendum: The application of quantitative methods to management accounting
25. Cost estimation and cost behaviour 26. Quantitative models for the planning and control of inventories
