Managerial accounting - Peter Clarke

Managerial Accounting: Costing, Decision-making and Control 2nd Edition highlights the accumulation and use of accounting information for managerial decision-making within the context of organisational strategy and control. It offers a comprehensive treatment of both the theory and practice of management accounting and covers all the principles of modern management accounting and integrates them within the context of managerial planning and control. It also discusses the important developments in the discipline.

Managerial Accounting: Costing, Decision-making and Control presents 16 chapters in a balanced, readable and innovative manner. Contents include:

• Different types of cost accumulation systems
• Traditional cost accounting systems
• Activity-based costing and activity-based cost management systems
• Management accounting within World Class Manufacturing systems
• Strategy and strategic management accounting
• Performance measurement systems including the Balanced Scorecard
• The concept of relevant costs in a variety of decision-making situations
• Pricing decisions, including Target Costing
• IT and managerial accounting applications
• Capital expenditure decisions
• Financial planning, budget preparation and “beyond budgeting”
• Standard costing systems and reporting of variances
• Responsibility centres and the issue of transfer prices

The book is intended as a guide to anyone studying the discipline of managerial accounting, either at undergraduate or postgraduate levels and is of particular relevance to students of Chartered Accountants Ireland.

This new, 2nd Edition includes extensive Review Questions for each chapter, with solutions provided in an Appendix.