Cost and Management Accounting : An Introduction

The aim of this established and best-selling textbook is to provide an introduction to the theory and practice of cost and management accounting. The book is intended primarily for accounting students who are pursuing a one or two semester basic introductory cost and management accounting course. It covers the basic topics needed on an introductory course in management accounting. Cost and Management Accounting: An Introduction is a companion volume to Management and Cost Accounting, which includes more advanced topics not suitable for introductory courses. Overall, the book is a rigorous, clear and easy-to understand introduction to management accounting, with a tried and tested successful format that has enabled literally thousands of students to pass their exams. - Comprehensive coverage of the needs of first-level management accounting courses - Strong pedagogic emphasis to enable students to learn effectively, viz. - each chapter contains learning objectives, examples, exhibits, self-assessment questions (with answers in the main text), questions (with answers divided between the Students Manual and the Lecturer's Guide), summary, key terms and concepts, recommended reading, references and further reading, key examination points - Large quantity of question and answer material, mainly taken from the examinations of professional bodies in accounting, gives flexibility in usage for tutors and students - Academically rigorous and well-established as a foundation text for students over many years New to This Edition: - Structure of book is maintained from previous editions, but content overhauled to ensure it is simplified and made as user-friendly as possible - Extensive changes to the chapter on cost classification - New chapter on cost assignment gives greater emphasis to cost system design and the factors affecting the design of optimal costing systems - The CVP chapter includes new material relating to absorption costing and multi-product CVP analysis - Overhaul of the ABC chapter to simplify and make more accessible - Chapter on management control rewritten and simplified - End of chapter questions are refreshed with a selection from recent professional examinations - Web-based supplements to include Areas for Students and Restricted Access area for Lecturer's Only. Students' Manual, Teacher's Manual, Testbank, Extra Questions, Chapter overviews, case studies, Powerpoint Slide Masters