PRESCRIBED TEXT FOR 22321 AT UTS, SUMMER SCHOOL 2011/12Management Accounting 5e explains the contemporary role of management accounting in organisations - demonstrating how it creates and enhances value for shareholders.
Respected authors, a clear writing style and a wealth of features that reference the management accounting practices of real-life companies have made Management Accounting the most popular management accounting text in Australia.
The strategic and topical focus has been further developed and strengthened, new questions added, text-flow streamlined and extensive revisions of capital expenditure decisions, activity and target-based costings, corporate social responsibility, and supply chain management included. Students are given a thorough grounding in the principles and tools of management accounting and then walked through selected best-practice examples that leave them strongly placed to apply those principles themselves.
Key Features
# Material on processes and techniques to improve value and competitiveness.
# Extensive range of review questions and exercises
# Coverage of emerging issues and focus on the dominant Australian service sector
Table of Contents
Part 1 Introduction to Management Accounting
1.Management accounting: information for creating value and managing resources
2.Management accounting: cost terms and concepts
Part 2: Costs and Costing Systems
3. Cost and costing systems
4. Product costing systems
5. Process costing and operation costing
6. Service costing
7. A closer look at overhead costs
8. Activity-based costing
Part 3: Information for Managing Resources
9. Budgeting systems
10. Standard costs for control: direct material and direct labour
11. Standard costs for control: flexible budgets and manufacturing overhead
12. Financial performance reports and transfer pricing
13. Financial performance measures for investment centres and reward systems
14. Contemporary approaches to measuring and managing performance
15. Suppliers and customers
16. Managing costs and quality
Part 4: Information for creating value
17. Sustainability and management accounting
18. Cost volume profit analysis
19. Information for tactical decisions
20. Pricing and product mix decisions
21. Information for capital expenditure decisions