Management and cost accounting [printed text] / Colin Drury, Author ; Mike Tayles, Author  . -  12th . - London : Cengage Learning, 2024 . - 916 p. : ill. col ; 38 mm.
ISBN : 978-1-4737-9124-4 : €66.25
"A comprehensive text for any student of management accounting" - Dr. Kirsten Kininmonth, Senior Lecturer in Accounting & Finance, University of Glasgow, UK

"Drury's text has been the leading textbook in management accounting for many years. It is written in an accessible style, and the real-world cases make it suitable for modules across different year groups." - Dr. Renzo Cordina, Senior Lecturer in Accounting & Finance, University of Dundee, UK

"I have been using Drury for the last thirty years, and no doubt it is the best book in Management Accounting. The text has plenty of examples, exercises with solutions and quizzes, so my students can practise as much as they want." - Dr. Santiago Simon del Burgo, Associate Professor in Finance and Accounting, Esade, Spain

For over thirty-five years, Management and Cost Accounting has successfully blended theory and practice. In clear and accessible language, the authors cover everything you need to know for management and cost accounting modules and prepare you for professional examinations.

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.

Class number:

658.1511

Contents note:

Part One: Introduction to management and cost accounting 1. Introduction to management accounting; 2. An introduction to cost terms and concepts Part Two: 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 Three: 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 Four: 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; 1. Divisional financial performance measures; 19. Transfer pricing in divisionalized companies Part Five: Strategic performance and cost management for value creation; digitization, sustainability and the future of management accounting 20. Strategic performance management; 21. Strategic cost management and value creation; 22. Management accounting: contemporary technologies and data analytics; 23. Sustainability and environmental management accounting; 24. Challenges for the future Part Six: 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