Cost Accounting text book pdf for orphansofwar.info, BBA, CA IPCC - Finance UpdatesSkip to main content Skip to table of contents. Advertisement Hide. Cost and Management Accounting. Front Matter Pages i-xi. Cost and Management Accounting in Context. Pages
Cost and Management Accounting provides a comprehensive introduction for students new to this business-relevant subject field. The book covers topics such as cost classification, cost behaviour, inventory management, cost flows, pricing decisions and different types of budgets and standard costing. The various costing systems are dealt with in detail. The theoretical underpinnings of the subject are carefully and clearly explained, with an abundance of examples to illustrate how management accountants apply their expertise to the problems they are required to solve in the business environment. In addition to these illustrative examples, each chapter gives students the opportunity to test their understanding by working through different types of questions. An extensive glossary gives users further support. This book is written from a South African perspective, and local legislation and accounting practices are taken into account.
In management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.
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The textbook covers the all the major concepts of managerial accounting. Although they are followed in a slightly different way and order than are pursued in the textbook I am currently using. I found the book easy to follow; however, a number of I found the book easy to follow; however, a number of concepts could have been stretched further, such as, First-in-first-out method for Process Costing in Chapter 4, Lease or sell decision and replacing an old equipment with a new one etc. Inclusion of Table of Contents in the PDF version would have assisted with the reviewing of the textbook. A comprehensive list of learning objective would be useful at the beginning of each chapter.