Essentials Of Management Accounting In Business

Management accounting is crucial for efficient business management, especially:
- Formulation of strategy
- Planning
- The measurement and control of performance
- Decision-making
- Ascertaining income and costs
- Establishing prices

In this authoritative introduction to the subject, the authors explain and illustrate the ways in which management accounting works in all its phases - from the determination of figures, through their presentation and interpretation, to their application in business management.

Covers:
- Planning and control
- Cost classification, behaviour, prediction techniques
- Costing and pricing, cost allocation and apportionment
- Absorption, marginal, activity-based, process, standard costing, and other costing methods
- Decision-making, Cost-Volume-Profit Analysis
- And much more