Description
The purpose of cost and management accounting is to provide managers with information which helps them to control, plan and make decisions. The second edition of this popular book, covers the principles and techniques of this subject area including the basic methods and procedures. It will prove invaluable to students on a wide range of business and professional courses. JILL COLLIS is a researcher at Bristol Business School, University of the West of England, and has written and edited a number of books for business students. She has several years experience of research consultancy and has recently completed two major studies concerned with small and medium-sized companies. ROGER HUSSEY is NWIS Professor of Financial Services at Bristol Business School, University of the West of England, and Deloitte & Touche Fellow in Financial Reporting. He has wide experience in industry, teaching and research, and has published numerous books, reports and articles on accounting and management issues. Preface.- Acknowledgements.- Cost and Management Accounting in Context.- Cost Classification.- Costing for Materials.- Costing for Labour.- Integrated and Interlocking Accounts.- Allocation and Apportionment of Overheads.- Overhead Absorption.- Job and Batch Costing.- Contract Costing.- Continuous Operation Costing.- Process Costing.- By-Product Costing and Joint Product Costing.- Marginal Costing.- Marginal Costing and Decision-Making.- Break-Even Analysis.- Absorption Costing and Marginal Costing Compared.- Budgetary Control.- Budgets.- Standard Costing: Materials and Labour.- Standard Costing: Overhead Variances and Sales Variances.- Capital Investment Appraisal.- Developments in Management Accounting.- Appendix A: Present Value Tables.- Appendix B: Glossary.- Appendix C: Outline Answers to Practice Questions.- Index.
