Management and Cost Accounting For Dummies - UK

UK Auflage
ISBN: 978-1-118-65049-3
Verlag: John Wiley & Sons Inc

Buch, Englisch, 416 Seiten, Format (B × H): 187 mm x 233 mm, Gewicht: 762 g

With easy-to-understand explanations and real-life examples, Management & Cost Accounting For Dummies provides students and trainees with the basic concepts, terminology and methods to identify, measure, analyse, interpret, and communicate accounting information in the context of managerial decision-making.

Major topics include:

- cost behaviour
- cost analysis
- profit planning and control measures
- accounting for decentralized operations
- budgeting decisions
- ethical challenges in management and cost accounting

Autoren/Hrsg.

Holtzman, Mark P.

Hood, Sandy

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Kostenmanagement, Budgetierung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Controlling, Wirtschaftsprüfung, Revision

Inhaltsverzeichnis

Introduction 1

Part I: Getting Started with Management and Cost Accounting 7

Chapter 1: Planning and Control: The Role of Management Accounting 9

Chapter 2: Using Management Accounting in Your Business 27

Part II: Understanding and Managing Costs 45

Chapter 3: Classifying Direct and Indirect Costs 47

Chapter 4: Allocating, Apportioning and Absorbing Overhead 71

Chapter 5: Costing Products Flowing Through a Business 95

Chapter 6: Job Costing: Pricing Individual Orders 105

Chapter 7: Process Costing: Tracking What’s Produced and How Much it Costs 119

Chapter 8: Observing How Variable and Fixed Costs Behave 143

Part III: Planning and Budgeting 161

Chapter 9: Using Contribution Analysis to Make Better Decisions 163

Chapter 10: Decision-Making Within the Reality of Limited Capacity 189

Chapter 11: Deciding on Long-Term Purchases: Capital Budgeting 205

Chapter 12: Naming Your Price: Approaches to Decision-Making 229

Chapter 13: Doing Deals between Company Divisions: Transfer Prices 243

Chapter 14: Planning Budgets for the Future 259

Part IV: Using Management Accounting for Evaluation and Control 279

Chapter 15: Using Flexible Budgets to Exert Control 281

Chapter 16: Variance Analysis: Flexing Standard Costs 293

Chapter 17: Establishing Accountability with Responsibility Accounting 317

Chapter 18: The Balanced Scorecard: Reviewing Your Business’s Report Card 329

Chapter 19: Squeezing Out of a Tight Spot with the Theory of Constraints 347

Part V: The Part of Tens 357

Chapter 20: Ten Key Management Accounting Formulas 359

Chapter 21: Ten Careers in Management Accounting 371

Index 375

Über Autor(innen)

Mark P. Holtzman, PhD, CPA, is Chair of the Department of Accounting and Taxation, Seton Hall University. He has taught accounting at college level for 17 years. Sandy Hood is a lecturer in management and cost accounting. He also lectures on the Peter Jones Enterprise Academy course, a one-year course that helps budding entrepreneurs set up their own businesses and learn practical business skills.