Managerial Accounting: Costing, Decision-making and Control (3rd Edition)

This newly revised and updated edition of Managerial Accounting: Costing, Decision-making and Control 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 managerial accounting, and also discusses important developments in the discipline.

A core textbook for the CAP 1 and CAP 2 levels of the Chartered Accountants Ireland professional course, it also is intended for anyone studying the discipline of managerial accounting, either at undergraduate or postgraduate levels.

• The nature and evolution of managerial accounting
• Cost concepts and cost accumulation systems
• Traditional, i.e. volume-based, cost accounting systems
• Activity-based costing and cost management systems
• Management accounting within World Class Manufacturing systems, including quality reports
• Strategy and strategic management accounting
• Performance measurement systems, the Balanced Scorecard and key performance indicators (KPIs)
• The concept of relevant costs in profit planning and various decision-making situations
• Pricing decisions and methodologies, including target costing
• Decision-making with scarce resources
• Decision-making under risk and uncertainty
• Capital expenditure decisions
• Financial planning, budget preparation, budgetary control and ‘beyond budgeting’
• Standard costing systems, analysis and reporting of variances
• Responsibility centres and the issue of transfer prices
• Management compensation.

For further information, contact publishing@charteredaccountants.ie or telephone on (+353) 01 637 7204

The Author