Ray Proctor, Coventry University

Publisher: Financial Times Press
Copyright: 2009
Format: Paper; 600 pp

ISBN-10:	0273717553
ISBN-13:	9780273717553

Our Price: £39.99
Status: Not Yet Published
Estimated Availability: 25 Nov 2008

Focussing squarely on the needs of today’s business and non-specialist accounting students, the aim of this book is to set management accounting into a contemporary real world context, helping students to apply the theories they learn to management situations and to use clear thinking to obtain the best financial outcome.

Proctor will assist the reader in the core areas of understanding the principles of management accounting, mastering the numerical aspects of the subject, interpreting the results and understanding the contribution management accounting can make to the management process.

Frequently praised for the quality and clarity of writing, this book combines appropriate depth of coverage with a manageable size and a clear and uncluttered layout. It takes an explicitly managerial and practitioner perspective throughout and features really strong application to the real business world.

PART I – FOUNDATIONS

1. Cost behaviour

2. The difference between profit and cash

PART II – FINANCIAL MANAGEMENT

3. Ratio Analysis and financial management

4. Working capital management

PART III – DECISION MAKING

5. Variable costing and breakeven analysis

6. Short-term decisions using variable costing

7. Short-term decisions using relevant costing

8. Capital investment appraisal for long-term decisions

PART IV – PRODUCT COSTING AND PRICING

9. Product costs using absorption costing

10. Product costs using activity-based costing

11. Comparison of profits under absorption and variable costing

12. Pricing your products

13. Divisional performance and transfer pricing

PART V – BUDGETARY CONTROL

14. Budgets and their creation

15. Using budgets to control operations

16. Budgets, behaviour and beyond budgeting

17. Balanced scorecards

18. Not-for-profit organizations

Glossary

Answers to end-of-chapter questions

Index

·    interesting case studies from real companies demonstrate the application of ideas to real business.

·    quality question and answer material enables students to get to grips with the computational aspects of the course.

·    an excellent ‘Manager’s Point of View’ feature in every chapter, written by a high-level manager looks at the practical aspects of tackling managerial problems with management accounting tools

·    teaching resources are available online at www.pearsoned.co.uk/proctor .

• A new introduction for students,
• A new bank of quality assessment materials for lecturers online,
• New chapters on ‘Budgets, behaviour and beyond budgeting’ and on ‘Balanced Scorecards’,
• Improved coverage of Activity Based Management.
• Chapter 19 'Current issues in management accounting' has been placed online on the companion website.