Management and Cost Accounting

Management and Cost Accounting is the European adaptation of Horngren, Foster and Datar's leading US text, Cost Accounting: A Managerial Emphasis. With its significantly revised content, reflecting standard UK/European syllabi and its wealth of applications and case studies, illustrating company practices across Europe, this text is the most comprehensive in its field.

Features

• Provides a balance between modern management concerns and technical issues.
  
• The Euro is used as the reference currency throughout the text whilst a range of European currencies ore used in the assessment and case study sections.
  
• End of chapter assignments progress from short discursive questions, through simple exercises, to more advanced problems. Professional examination questions, including some from Ireland, ore included in selected chapters.
  
• The only management and cost accounting text to include both European and Harvard Business School case studies.
  
• Four-colour, user-friendly design, including a walk-through preface detailing how to get the most from the different learning features.
  

Part I: Management and cost accounting fundamentals

• 1. The accountant's role in the organisation 4
  
• 2. An introduction to cost terms and purposes 30
  
• 3. Job-costing systems 59
  
• 4. Process-costing systems 94
  
• 5. Cost allocation 134
  
• 6. Cost allocation: joint-cost situations 169
  
• 7. Income effects of alternative stock-costing methods 198
  

• 8. Cost-volume-profit relationships 234
  
• 9. Determining how costs behave 263
  
• 10. Revenues, costs and the decision process 303
  
• 11. Activity-based costing 342
  
• 12. Pricing decisions and customer profitability analysis 378
  
• 13. Capital investment decisions 414
  

• 14. Motivation, budgets and responsibility accounting 486
  
• 15. Flexible budgets, variances and management control:I 526
  
• 16. Flexible budgets, variances and management control: II 557
  
• 17. Measuring yield, mix and quantity effects 595
  

• 18. Control systems and transfer pricing 630
  
• 19. Control systems and performance measurement 658
  

• 20. Quality and throughput issues in managing costs 700
  
• 21. Time and strategy as emerging issues in cost management 733
  

• Appendix A: Solutions to selected exercises 781
  
• Appendix B: Notes on compound interest and interest tables 859