Colin Drury’s Management and Cost Accounting covers the theory and practice of management and cost accounting and includes extensive assessment questions and illuminating Real World Views. This textbook is ideally suited for use on management accounting and cost accounting modules taught on undergraduate accounting courses and for students preparing for the cost and management accounting examinations of the professional accountancy bodies at intermediate or advanced level. It is also appropriate for use by postgraduate and higher national diploma students studying cost and management accounting for the first time.

PART 1: INTRODUCTION TO MANAGEMENT AND COST ACCOUNTING
1 Introduction to management accounting
2 An introduction to cost terms and concepts
PART 2: COST ACCUMULATION FOR INVENTORY VALUATION AND PROFIT MEASURE
3 Cost assignment
4 Accounting entries for a job costing system
5 Process costing
6 Joint and by-product costing
7 Income effects of alternative cost accumulation systems
PART 3: INFORMATION FOR DECISION-MAKING
8 Cost–volume–profit analysis
9 Measuring relevant costs and revenues for decision-making
10 Pricing decisions and profitability analysis
11 Activity-based costing
12 Decision-making under conditions of risk and uncertainty
13 Capital investment decisions: appraisal methods
14 Capital investment decisions: the impact of capital rationing, taxation, inflation and risk
PART 4: INFORMATION FOR PLANNING, CONTROL AND PERFORMANCE MEASUREMENT
15 The budgeting process
16 Management control systems
17 Standard costing and variance analysis 1
18 Standard costing and variance analysis 2: further aspects
19 Divisional financial performance measures
20 Transfer pricing in divisionalized companies
PART 5: STRATEGIC COST AND PERFORMANCE MANAGEMENT
21 Strategic cost management
22 Strategic performance management
PART 6: THE APPLICATION OF QUANTITATIVE METHODS TO MANAGEMENT ACCOUNTING
23 Cost estimation and cost behaviour
24 Quantitative models for the planning and control of inventories
25 The application of linear programming to management accounting

Colin Drury’s Management and Cost Accounting covers the theory and practice of management and cost accounting and includes extensive assessment questions and illuminating Real World Views. This textbook is ideally suited for use on management accounting and cost accounting modules taught on undergraduate accounting courses and for students preparing for the cost and management accounting examinations of the professional accountancy bodies at intermediate or advanced level. It is also appropriate for use by postgraduate and higher national diploma students studying cost and management accounting for the first time. Fully updated to reflect recent developments in management accounting and ensure that students are fully up to speed with the latest changes. Increased emphasis on contemporary methods and issues and increased coverage of the service sector. Contains a wealth of worked examples, practice assessment questions (at various levels of difficulty) and other pedagogical features such as exhibits, advance reading, recommended readings and learning objectives. Contains over 70 Real World Views to help demonstrate theory in practice and the practical application of accounting in real companies around the world. Includes Cengage Learning’s Coursemate, an online study tool which includes interactive learning, study and exam preparation tools which support the printed textbook. `This edition can be used in conjunction with Cengage Learning’s Aplia, an online homework solution dedicated to improving learning by increasing student effort and engagement.