Synopses & Reviews
For your introductory courses on cost and management accounting, Costing is Europe's best-selling text on cost accounting. Concentrating on subjects typical to a first-year cost accounting course, some of the advanced topics covered in Management and Cost Accounting are left out. This text is ideal for students who may not wish to proceed towards an advanced level and feel happier using a text that covers just the introductory topics. Costing presents accounting concepts in a logical, easy-to-understand manner, with learning objectives, highlighted key concepts, worked examples, summaries and practice questions. An accompanying students' manual has a wide range of exam-style questions, helping to consolidate students' understanding and build confidence.
About the Author
Colin Drury BA MBA ACMA is Emeritus Professor at Huddersfield University and a leading textbook author for a generation of accounting students. His books have been widely recommended by the main professional accounting bodies for their examinations. He is an active researcher and published in the main peer-reviewed journals including Management Accounting Research and European Accounting Review, with his research focussing on the application of management accounting techniques in British industry.
Table of Contents
PART 1: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING 1. The Scope of Management Accounting 2. Cost and Revenue Classification PART 2: COST ACCUMULATION FOR STOCK VALUATION AND PROFIT MEASUREMENT 3. Accounting for Materials and Labour 4. Accounting for Overhead Expenditure 5. Accounting Entries for a Job Costing System 6. Process Costing 7. Joint Product and By-product Costing 8. Absorption Costing and Variable Costing PART 3: INFORMATION FOR DECISION-MAKING 9. Cost Volume-Profit Analysis 10. Special Studies: Measuring Relevant Costs for Decision-Making 11. Activity-Based Costing 12. Capital Investment Decisions PART 4: INFORMATION FOR PLANNING AND CONTROL 13. The Budgeting Process 14. Operational Control and Performance Measurement 15. Standard Costing and Variance Analyses 16. Planning and Control of Stock Levels PART 5: CURRENT DEVELOPMENTS IN MANAGEMENT ACCOUNTING 17. Current Developments in Management Accounting