A comprehensive introduction to management accounting, enabling students to develop an understanding of the importance of accounting as a management tool, for example in:

• Using and interpreting accounting to allow rational decisions to be made.


• Making and implementing plans based on accounting decisions.


• Exercising financial control over organizations.

Contents include: costs and decision making; investment appraisal; cost-volume-profit analysis, full costing; budgets and budgetary control; standard...