PART ONE Introduction to management and cost accounting
1 Introduction to management accounting
2 An introduction to cost terms and concepts

PART TWO Cost accumulation for inventory valuation and profit measurement
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 THREE 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 FOUR 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 FIVE Strategic management and challenges for the future
21 Strategic performance management
22 Strategic cost management and value creation
23 Challenges for the future

PART SIX The application of quantitative methods to management accounting
24 Cost estimation and cost behaviour
25 Quantitative models for the planning and control of inventories
26 The application of linear programming to management accounting

Extensive use of worked examples throughout guide students in solving problems using the theories discussed. The inclusion of real life applications that help students to define and understand complex theoretical concepts. Engaging worldwide examples and Real World Views throughout every chapter assist students with developing clear links between theory and practice. Extensive end-of-chapter assessment questions with variant difficulty levels provide students with an excellent opportunity to reinforce and practice what they have learned. Advanced reading sections allow students to take the topics further and develop in-depth knowledge. This edition can be used with Aplia, an online interactive and auto-grading assessment, learning and teaching tool. MindTap is available with this title, an online learning solution encompassing many different content types. MindTap can be customised to suit individual courses and contains supporting applications and analytics to help learners make the most of the range of content. New chapter on future challenges for management accountants, including sustainable development, environmental management accounting, ethics, information technology and globalisation.