Management Accounting
By Pauline Weetman
Pearson Education
Distributed by Trans-Atlantic Publications Inc.
March 2006
ISBN: 9780273701996
592 Pages
$117.50 Paper original
Description
Pauline Weetman's innovative new text expertly guides students over the stepping stones of management accounting and provides a solid foundation as a basis for further specialist study. The text is clear and well structured and brings an imaginative approach to student learning with its emphasis throughout on allowing students to practice the application of theory.
It places a strong emphasis on real world examples and the practical application of theory whilst incorporating many of the classic features associated with a book by Pauline Weetman, particularly its clarity of expression.
ContentsPart 1 Defining, reporting and managing costs
1 What is management accounting?
2. Classification of costs
3 Materials and labour costs
4 Overhead costs
5 Absorption costing and marginal costing
6 Job costing
7 Recording transactions in a job costing system
8 Process costingPart 2 Decision making
9 Short-term decision making
10 Relevant costs, pricing, and decisions under uncertainty
11 Capital investment appraisal
12 Capital budgeting applicationsPart 3 Performance measurement and control
13 Preparing a budget
14 Control through budgeting
15 Standard costs
16 Performance evaluation and feedback reporting
17 Divisional performancePart 4 Financial management and strategic planning
18 Financial management: working capital and business plans
19 Business strategy and management accountingAppendix I: Quick check list: A glossary of management accounting terms
Features
Appendix II: Solutions to numerical and technical questions in Management Accounting
- Comprehensive coverage of management accounting topics.
- Provides over 50 unique case studies complete with innovative ideas for interactive teaching sessions, as well as engaging real-life commentaries.
- Excellent business focus shows students how management accounting techniques can be applied in real business situations.
- Relevant research is explained in outline to link teaching to current developments.
- Extensive coverage of service and not for profit sectors as well as manufacturing.
- Practical and imaginative pedagogy includes group discussions and activities; a management accounting consultant which helps bring topics alive; as well as a wealth of examples, questions and problems throughout.
- Fully supported by a comprehensive suite of student and lecturer resources, including cases with teaching notes, multiple choice questions, PowerPoint slides, lecture notes, graded questions, and solutions to questions in the book
- Innovative full colour design brings key issues and essential topics to life
- Fully reflects the latest CIMA terminology.