Managerial accounting : cost, decision-making and control [printed text] / Peter J. Clarke, Author  . -  3rd . - Dublin : Institute of Chartered Accountants in Ireland, 2016 . - 813 p. : ill. col ; 29 mm.
ISBN : 978-1-910374-67-2 : €55.00

For this 3rd edition, Professor Peter Clarke has further developed his book Managerial Accounting: Cost, Decision-making and Control, a leading Irish textbook for the study of managerial accounting. This newly revised and updated edition highlights the accumulation and use of accounting information for managerial decision-making within the context of organizational strategy and control. It offers a comprehensive treatment of both the theory and practice of managerial accounting, and also discusses important developments in the discipline. Contents include;

- The nature and evolution of managerial accounting
- Cost concepts and cost accumulation systems
- Traditional, i.e. volume-based, cost accounting systems
- Activity-based costing and cost management systems
- Management accounting within World Class Manufacturing systems, including quality reports
- Strategy and strategic management accounting
- Performance measurement systems, the Balanced Scorecard and key performance indicators [KPIs]
- The concept of relevant costs in profit planning and various decision-making situations
- Pricing decisions and methodologies, including target costing
- Decision-making with scarce resources
- Decision-making under risk and uncertainty
- Capital expenditure decisions
- Financial planning, budget preparation, budgetary control, and 'beyond budgeting'
- Standard costing systems, analysis, and reporting of variances
- Responsibility centres and the issue of the transfer prices
- Management compensation

Class number:

657.42

Contents note:

Chapter 1: Managerial decision-making and accounting information Chapter 2: Terms and concepts of cost accumulation Chapter 3: Job costing systems and cost flows Chapter 4: Process costing systems Chapter 5: Activity-based costing systems Chapter 6: Developments in cost accumulation systems Chapter 7: Strategy and managerial accounting Chapter 8: Performance management and measurement Chapter 9: Managerial decisions and profit planning Chapter 10: Relevant costs for decision-making, including pricing decisions Chapter 11: Decision-making with scarce resources Chapter 12: Decision-making under risk and uncertainty Chapter 13: Evaluation of capital expenditure proposals Chapter 14: Budgets and budgetary control Chapter 15: Standard costing and variance analysis Chapter 16: Responsibility centres and corporate structure