Management Accounting

A comprehensive introduction to management accounting, enabling students to develop an understanding of the importance of accounting as a management tool, for example in: Using and interpreting accounting to allow rational decisions to be made. Making and implementing plans based on accounting decisions. Exercising financial control over organizations. Contents include: costs and decision making; investment appraisal; cost-volume-profit analysis, full costing; budgets and budgetary control; standard costs and variance analysis; evaluation of divisional performance.

1. An Introduction to Management Accounting. 2. Relevant Costs for Decision Making. 3. Investment Decisions. 4. Further Aspects of Investment Decision Making. 5. Cost-Volume-Profit Analysis. 6. Full (Total) Costing. 7. Budgets and Budgetary Control. 8. Control Through Variances. 9. Divisional Performance Measurement and Control.