Part 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 costing Part 2 Decision making 9 Short-term decision making 10 Relevant costs, pricing, and decisions under uncertainty 11 Capital investment appraisal 12 Capital budgeting applications Part 3 Performance measurement and control 13 Preparing a budget 14 Control through budgeting 15 Standard costs 16 Performance evaluation and feedback reporting 17 Divisional performance Part 4 Financial management and strategic planning 18 Financial management: working capital and business plans 19 Business strategy and management accounting Appendix I: Quick check list: A glossary of management accounting terms Appendix II:Solutions to numerical and technical questions in Management Accounting.
SUMMARY OR ABSTRACT
Text of Note
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.