Management Accounting for Business

For 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.

List of contents

Part I. Introduction to Management and Cost Accounting1. Introduction to management accounting2. An introduction to cost terms and conceptsPart II. Information for Decision-making3. Cost-volume-profit analysis4. Measuring relevant costs and revenues for decision-making5. Pricing decisions and profitability analysis6. Capital investment decisions: appraisal methodsPart III. Cost Assignment7. Cost assignment8. Activity-based costingPart IV. Information for Planning, Control and PerformanceMeasurement9. The budgeting process10. Management control systems11. Standard costing and variance analysis12. Divisional financial performance measures13. Transfer pricing in divisionalized companiesPart V. Strategic Performance and Cost Management, Value Creation and Challenges for the Future14. Strategic performance management15. Strategic cost management and value creation16. Challenges for the future

Product details

• Authors: Colin Drury, Mike Tayles
• Publisher: Delmar Publishing
• Languages: English
• Product format: Paperback / Softback
• Released: 31.12.2021
• EAN: 9781473778801
• ISBN: 978-1-4737-7880-1
• Dimensions: 200 mm x 260 mm x 25 mm
• Subjects: Education and learning > Teaching preparation > Vocational needs; Social sciences, law, business > Business > Business administration; BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Accounting / Managerial, Management & management techniques, Management accounting & bookkeeping, Management and management techniques, Management accounting, bookkeeping and auditing