Description
Book SynopsisFor over forty years, Colin Drury has expertly helped learners understand and apply the key principles of management accounting.Now in its eighth edition, Management Accounting for Business continues his trademark clear and accessible style, covering everything non-specialist students need to know for success.Every chapter has been updated to include international real-world examples, an 'Apply your Knowledge' exercise, illustrating financial and non-financial considerations, as well as new review problems.Introducing emerging technologies such as big data, the Internet of Things and AI, this edition has been comprehensively revised by Colin Drury's academic colleague and co-author, Mike Tayles.
Table of ContentsPart I. Introduction to Management and Cost Accounting 1. Introduction to management accounting 2. An introduction to cost terms and concepts Part II. Information for Decision-making 3. Cost���volume���profit analysis 4. Measuring relevant costs and revenues for decision-making 5. Pricing decisions and profitability analysis 6. Capital investment decisions: appraisal methods Part III. Cost Assignment 7. Cost assignment 8. Activity-based costing Part IV. Information for Planning, Control and Performance Measurement 9. The budgeting process 10. Management control systems 11. Standard costing and variance analysis 12. Divisional financial performance measures 13. Transfer pricing in divisionalized companies Part V. Strategic Performance and Cost Management, Value Creation and Challenges for the Future 14. Strategic performance management 15. Strategic cost management and value creation 16. Challenges for the future
