Management and Cost Accounting, 8th edition brings together techniques, concepts and practices in a way that is readable and with language that is easy to follow. Keeping its international focus, the text includes a wealth of case studies featuring companies from around the world, and offers up-to-date coverage of the most contemporary aspects affecting management accounting today, such as a greater emphasis on sustainability, as well as AI, automation and other technologies.
Packed with illustrations, examples and real-life applications, this book will help you learn about the aspects of management accounting that are essential in your study and your future performance in the workplace.
Key Features
- Up-to-date coverage of the impact of digitalisation and application of new technologies, including blockchain systems, artificial intelligence and more.
- Sustainability practices are now given more space with new examples covering topics such as renewable energy and initiatives to lessen environmental impact.
- A wealth of resources, including professional accountancy practice exercises, and end-of-chapter questions, provide opportunities to learn and develop exam ability.
- A range of new real-life applications in ‘Concepts in Action’ boxes show how managers use accounting techniques in the business world.
- Harvard Business School and other cutting-edge case studies illustrate how management accounting is deployed in different types of enterprise across the globe.
MyLab® is the teaching and learning platform that combines trusted author content with digital assessments, help tools to use at point-of-need, and a flexible platform. MyLab Accounting for this book includes over 800 exercises on the topics in the book.
If you would like to purchase both the physical text and MyLab® Accounting, search for:
9781292436012 Management and Cost Accounting 8th edition with MyLab Accounting
Package consists of:
- 9781292436029 Management and Cost Accounting 8th edition
- 9781292435992 Management and Cost Accounting 8th edition MyLab Accounting
- 9781292436005 Management and Cost Accounting 8th edition eTextbook
MyLab® Accounting is not included. Students, if MyLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN. MyLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.
Part 1 Management and cost accounting fundamentals
- The manager and management accounting
- An introduction to cost terms and purposes
- Job costing
- Process costing
- Cost allocation
- Cost allocation: joint-cost situations
- Income effects of alternative stock-costing methods
Part 2 Accounting information for decision making
- Cost–volume–profit analysis
- Determining how costs behave
- Relevant information for decision making
- Activity-based costing
- Pricing issues and customer profitability analysis
- Capital investment decisions
Part 3 Planning and budgetary control systems
- Motivation, budgets and responsibility accounting
- Flexible budgets, variances and management control: I
- Flexible budgets, variances and management control: II
- Measuring yield, mix and quantity effects
Part 4 Management control systems
- Control systems and transfer pricing
- Control systems and performance measurement
Part 5 Strategy, quality, time and emerging issues
- Strategy, the balanced scorecard and quality
- Accounting, time and efficiency
- Emerging issues: digitalisation and sustainability
- A wide range of examples from real organisations expand your students's understanding of how managers around the globe use techniques, make decisions and put strategies into action.
- A contemporary approach to the role of management accountants emphasises their part in the strategic decision-making of a business, and their work in the context of achieving wider business goals.
- The comprehensive content and features help your students link theoretical knowledge to recent developments, including the impact of digitalisation and application of newer technologies such as AI, automation, blockchain systems, and the Internet of Things.
- Professional accountancy practice exercises and end-of-chapter questions provide opportunities to reinforce learning and develop exam ability.
- Harvard Business School and other cutting-edge case studies illustrate how management accounting is deployed in enterprises across locations and situations
- Sustainability practices are now given more space with new examples, covering topics such as renewable energy and the significance of organisations' initiatives to improve sustainability and lessen environmental impact.
- A range of new real-life applications in the Concepts in Action boxes shows how managers use essential accounting techniques in the business world.
Produktdetaljer
Biografisk notat
Alnoor Bhimani is Professor of Management Accounting and Director of the South Asia Centre at the London School of Economics and Political Science.
Charles T. Horngren was the Edmund W. Littlefield Professor of Accounting at Stanford University.
Srikant M. Datar is the Dean of Harvard Business School.
Madhav V. Rajan is the Dean of the Booth School of Business at the University of Chicago.