Request full copy

Management and Cost Accounting, 8th edition

Published by Pearson (March 24, 2023) © 2023

  • Alnoor Bhimani The London School of Economics and Political Science
  • Srikant M. Datar Harvard University
  • Charles Horngren Edmund W. Littlefield Professor Emeritus of Accounting at Stanford University
  • Madhav V. Rajan Stanford University

eTextbook

from£29.99

  • Create notes, highlights and flashcards
  • Intuitive search, video, quizzes and interactive features
  • Translate text on-screen into over 100 languages
  • Audiobook for on-the-go learning
  • AI-powered support*
  • 3 months free access to language learning support with Mondly

*Available for some titles

£64.99

  • A print text (hardcover or paperback)
  • Free shipping

MyLab

from£49.76

  • Reach every student with personalized support
  • Customize courses with ease
  • Optimize learning with dynamic study tools

Title overview

Familiarise your students with the real business world and the principal management accounting techniques.

Management and Cost Accounting is the ideal textbook to support your teaching as you introduce your students to the concepts and practices of the discipline.

This latest edition retains its international focus with its wealth of case studies presenting companies from around the world, and a range of examples and real-life applications to support your students' learning.

With updated content covering aspects such as the application of new technologies and a fresh look at sustainability practices, this text will offer your students the resources they need for their course and future career.

Hallmark features of this title

Incorporates the latest concepts and practices, offering students a learning package that brings the subject to life

  • A wide range of examples from real organisations expand your students's understanding of how managers around the globe use techniques, make decisions and put strategies into action.
  • A contemporary approach to the role of management accountants emphasises their part in the strategic decision-making of a business, and their work in the context of achieving wider business goals.
  • The comprehensive content and features help your students link theoretical knowledge to recent developments, including the impact of digitalisation and application of newer technologies such as AI, automation, blockchain systems, and the Internet of Things.

New and updated features of this title

Rich chapter-by-chapter features help your students develop understanding and practise essential management accounting techniques

  • Professional accountancy practice exercises and end-of-chapter questions provide opportunities to reinforce learning and develop exam ability.
  • Harvard Business School and other cutting-edge case studies illustrate how management accounting is deployed in enterprises across locations and situations

New content interspersed throughout the book lays emphasis on the most recent developments regarding environmental sustainability.

  • Sustainability practices are now given more space with new examples, covering topics such as renewable energy and the significance of organisations' initiatives to improve sustainability and lessen environmental impact.

The introduction of several new boxes shows the application of concepts in the real business world.

  • A range of new real-life applications in the Concepts in Action boxes shows how managers use essential accounting techniques in the business world.

Digital features

Features of MyLab® Accounting for the 8th Edition

MyLab is the learning platform that allows instructors to reach every student with powerful self-study material and assessments.

With over 100 new exercises added to this edition, MyLab is the online homework, practice, and study environment.
  • Create a course that fits your needs: Adopt questions from a bank of over 800 auto-gradable questions, or even build your own, and challenge your students' ability to apply their learning with a range of exercises and problems.
  • Empower each learner: Offer your students a personalised learning experience that pinpoints the precise areas they need to practise.
  • Auto-graded Excel Project Questions: Allow your students to get hands-on practice with spreadsheets by seamlessly integrating Microsoft® Excel® content into your course.
A series of interactive materials connect theory with practice.
  • Four new short videos can be used within teaching to consolidate your students's understanding or support self-study and revision.
  • Real accounting case studies and two business scenarios help students link theory with real-world applications.
  • Reporting Dashboard: View, analyse and report learning outcomes, and keep your students on track.
  • Learning Catalytics: The student response tool, that uses students’ smartphones, tablets, or laptops to engage them in more interactive tasks and thinking, fostering engagement and peer-to-peer learning.

Learn more about MyLab®.

Features of Pearson eTextbook for the 8th Edition

Available only with MyLab Accounting.

Extend learning beyond the classroom with Pearson eTextbook – an easy-to-use digital textbook.

Optimise study time

  • Find it fast. Enhanced search makes it easy to find a key term or topic to study. Students can also search videos, images, and their own notes.
  • Get organised and get results. Students can customise how they study and add their own notes, bookmarks, and highlights directly in their eTextbook.
  • Study in a flash. Students can use pre-built flashcards or create their own to study how they like.

Meet students where they are

  • Read online or offline. With the mobile app, you and your students can access your eTextbook anytime, even offline.
  • NEW: Listen anywhere. Learners can listen to the audio version of their eTextbook for most titles, whether at home or on the go.

Find out more about Pearson eText.

Table of contents

Part 1 Management and cost accounting fundamentals

  1. The manager and management accounting
  2. An introduction to cost terms and purposes
  3. Job costing
  4. Process costing
  5. Cost allocation
  6. Cost allocation: joint-cost situations
  7. Income effects of alternative stock-costing methods

Part 2 Accounting information for decision making

  1. Cost–volume–profit analysis
  2. Determining how costs behave
  3. Relevant information for decision making
  4. Activity-based costing
  5. Pricing issues and customer profitability analysis
  6. Capital investment decisions

Part 3 Planning and budgetary control systems

  1. Motivation, budgets and responsibility accounting
  2. Flexible budgets, variances and management control: I
  3. Flexible budgets, variances and management control: II
  4. Measuring yield, mix and quantity effects

Part 4 Management control systems

  1. Control systems and transfer pricing
  2. Control systems and performance measurement

Part 5 Strategy, quality, time and emerging issues

  1. Strategy, the balanced scorecard and quality
  2. Accounting, time and efficiency
  3. Emerging issues: digitalisation and sustainability

Author bios

Alnoor Bhimani is Professor of Management Accounting and Director of the South Asia Centre at the London School of Economics and Political Science.

Charles T. Horngren was the Edmund W. Littlefield Professor of Accounting at Stanford University.

Srikant M. Datar is the Dean of Harvard Business School.

Madhav V. Rajan is the Dean of the Booth School of Business at the University of Chicago.

Need help?Get in touch

MyLab

Reach every student with MyLab®. This flexible digital platform combines trusted author content, online assessments and customisable features so you can personalise learning and improve results, one student at a time.

Pearson eText

Extend learning beyond the classroom. Pearson eText is an easy-to-use digital textbook. It lets students customise how they study and learn with enhanced search and the ability to create flashcards, highlight and add notes all in one place. The mobile app lets students learn wherever life takes them, offline or online.

Video
Play
Privacy and cookies
By watching, you agree Pearson can share your viewership data for marketing and analytics for one year, revocable upon changing cookie preferences. Disabling cookies may affect video functionality. More info...

Video transcript (PDF | 25KB) 

Empower your students, in class and beyond

Meet students where they are with MyLab®, and capture their attention in every lecture, activity, and assignment using immersive content, customized tools, and interactive learning experiences in your discipline.