Management and Cost Accounting

Part I: Introduction to management and cost accounting1. Introduction to management accounting2. An introduction to cost terms and conceptsPart II: Cost accumulation for inventory valuation and profit measurement3. Cost assignment4. Accounting entries for a job costing system5. Process costing6. Joint and by-product costing7. Income effects of alternative cost accumulation systemsPart III: Information for decision-making8. Cost volume profit analysis9. Measuring relevant costs and revenues for decision-making10. Pricing decisions and profitability analysis11. Activity-based costing12. Decision-making under conditions of risk and uncertainty13. Capital investment decisions: appraisal methods14. Capital investment decisions: the impact of capital rationing, taxation, inflation and riskPart IV: Information for planning, control and performance measurement15. The budgeting process16. Management control systems17. Standard costing and variance analysis 118. Standard costing and variance analysis 2: further aspects19. Divisional financial performance measures20. Transfer pricing in divisionalized companiesPart V: Strategic performance and cost management and challenges for the future21. Strategic performance management22. Strategic cost management and value creation23. Challenges for the futurePart VI: The application of quantitative methods to management accounting24. Cost estimation and cost behaviour25. Quantitative models for the planning and control of inventories26. The application of linear programming to management accounting.

The late Colin Drury was at Huddersfield University from 1970 until his retirement in 2004, when he was awarded the title of Emeritus Professor. For the last 35 years, Professor Colin Drury had been at the forefront of helping students learn the key concepts and processes in management and cost accounting through his bestselling textbooks, which have been widely recommended by the main professional accounting bodies for their examinations. He was an active researcher throughout his career and his research had been published in around 100 professional and academic journals. In recognition for his contribution to accounting education and research, Drury was given a lifetime achievement award by the British Accounting Association in 2009. Drury s Flagship title Management and Cost Accounting was first published in 1985 and is now in its 12th edition. It established itself as one of the leading management accounting textbooks in EMEA. It is known, not just for its rigour and authority, but particularly for Drury s down-to-earth style that reflected his background as a practising accountant before his involvement in academia. Michael E Tayles University of Hull Professor Mike Tayles holds the Emeritus Chair in Accounting and Finance at The University of Hull. During his career he has been a Visiting Professor at various universities internationally as well as the Head of Management Accounting and Programme Director of various Degree Programs. He has been an Examiner/Lead Marker for both the ACCA and CIMA. Mike Tayles is a Chartered Management Accountant with a first degree in mathematics and economics and a doctorate in contemporary management accounting practices. He has worked in various manufacturing industries, holding such positions as group management accountant and financial controller. Mike Tayles' research interests include management accounting practices, cost system design, activity-based cost management and developments in strategic management accounting,