Managerial Accounting: Costing, Decision-making and Control (3rd Edition)
Peter Clarke’s excellent managerial accounting textbook highlights the accumulation and use of management accounting information for decision-making within the context of organisational strategy and control.
Publisher: Chartered Accountants Ireland
ISBN: 9781910374672
Published: 31/08/2016
Format: Paperback, 832 pages
Description
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.
Topics include:
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.
The Author
Peter Clarke has a B. Comm. degree from University College Dublin and a MA (Economics) from the University of Manchester. In 1984, his PhD on non-compliance with taxation systems was awarded by University College Dublin. He is now Emeritus Professor in the UCD School of Business. A Fellow of Chartered Accountants Ireland, Peter has also taught in the Universities of Rhode Island (USA), Lethbridge (Canada) and Nyenrode (the Netherlands), and at business schools in France, Cyprus and China.