Management and Cost Accounting, 8th edition

Published by Pearson (July 5, 2024) © 2024

  • 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
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Products list

Access details

  • Instant access once purchased
  • Offline access via app

Title overview

Comprehensive coverage of management and cost accounting.

Management and Cost Accounting, 8th edition brings together techniques, concepts and practices in a way that is readable and with language that is easy to follow. Keeping its international focus, the text includes a wealth of case studies featuring companies from around the world, and offers up-to-date coverage of the most contemporary aspects affecting management accounting today, such as a greater emphasis on sustainability, as well as AI, automation and other technologies.

Packed with illustrations, examples and real-life applications, this book will help you learn about the aspects of management accounting that are essential in your study and your future performance in the workplace.

Table of contents

  • Part 1 Management and cost accounting fundamentals
  • The manager and management accounting
  • An introduction to cost terms and purposes
  • Job costing
  • Process costing
  • Cost allocation
  • Cost allocation: joint-cost situations
  • Income effects of alternative stock-costing methods
  • Part 1 Case study problems
  • Part 2 Accounting information for decision making
  • Cost-volume-profit analysis
  • Determining how costs behave
  • Relevant information for decision making
  • Activity-based costing
  • Pricing issues and customer profitability analysis
  • Capital investment decisions
  • Part 2 Case study problems
  • Part 3 Planning and budgetary control systems
  • Motivation, budgets and responsibility accounting
  • Flexible budgets, variances and management control: I
  • Flexible budgets, variances and management control: II
  • Measuring yield, mix and quantity effects
  • Part 3 Case study problems
  • Part 4 Management control systems and performance issues
  • Control systems and transfer pricing
  • Control systems and performance measurement
  • Part 4 Case study problems
  • Part 5 Strategy, quality, time and emerging issues
  • Strategy, the balanced scorecard and quality
  • Strategy, the balanced scorecard and quality
  • Emerging issues: digitalisation and sustainability
  • Part 5 Case study problems
  • Appendix A: Solutions to selected exercises
  • Glossary
  • Subject Index

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