Handbook of cost and management accounting

Handbook of cost and management accounting

The primary focus of this book is on techniques and concepts of cost and management accounting for strategic business decisions. It considers both conventional and contemporary issues.The book is a reference source for practising accountants, senior executives and managers working in human resources, operations, and accounting divisions. It is also ideal for courses in graduate programs such as master's degree, MBA orExecutive MBA.

Category: Finance

In order to survive in the changing business environment,organisations should rethink their strategic philosophy and the role of management accounting. The primary focus of this book is on techniques and concepts of cost and management accounting for strategic business decisions.It focuses on both conventional and contemporary issues.The book will serve as a reference source for practicing accountants, senior executives and managers working in human resources, operations, and accounting divisions. As the principal focus of this book is on conceptual foundations, it would also be ideal for courses in graduate programs such as master's degree, MBA or Executive MBA.

The primary focus of this book is on techniques and concepts of cost and management accounting for strategic business decisions. It considers both conventional and contemporary issues.The book is a reference source for practising accountants, senior executives and managers working in human resources, operations, and accounting divisions. It is also ideal for courses in graduate programs such as master's degree, MBA orExecutive MBA.

Zahirul Hoque is Professor and Chair of Accounting at La Trobe University, Australia. He earned his PhD from University of Manchester in 1993, and also has B.Com and M.Com from the University of Dhaka. He edits and contributes to a number of international accounting journals.

Preface ………………………………………………………………………………..  vii

About the General Editor ……………………………………………………………. viii

About the Contributors ………………………………………………………………   ix

PART 1:                                  UNDERSTANDING THE BASICS

CHAPTER 1                        The role of cost and management accounting

                                                                Zahirul Hoque……………………………………………….  3

CHAPTER 2                     An introduction to cost terminology, cost flows, and cost behaviour

                                                                Zahirul Hoque ………………………………………………  9

PART 2:                                  PLANNING AND COST CONTROL

CHAPTER 3                        Cost-volume-profit (CVP) analysis

                                                                Zahirul Hoque ……………………………………………… 19

CHAPTER 4                        Budgeting process and decision making

                                                                Manzurul Alam ……………………………………………. .25

CHAPTER 5                     Control of operations through the application of standard costing and variance analysis

                                                                Zahirul Hoque and Mohamed AboElhamd Omran ………. .  45

PART 3:                                  PRODUCT COSTING PROCESSES

CHAPTER 6                        Job order cost accounting systems

                                                                Zahirul Hoque …………………………………………….… 61

CHAPTER 7                        Process costing systems

                                                                Zahirul Hoque ……………………………………………....  69

PART 4:                                  COST ALLOCATION PROCESSES

CHAPTER 8                        Service department cost allocation

                                                                Zahirul Hoque ………………………………………………. 77

CHAPTER 9                        Activity-based costing: concepts, processes and issues

                                                                Maria Major and Zahirul Hoque …………………………… 83

CHAPTER 10                   Activity-based costing in a Portuguese telecommunication company

                                                                Maria Major ………………………………………………   105

PART 5:                                  DECISION MAKING AND CAPITAL BUDGETING

CHAPTER 11                     Theory and practice in pricing decisions

                                                                Carly Webster ………………………………………………119

CHAPTER 12                     Transfer pricing in decentralised organisations

                                                                Zahirul Hoque and Ali Rkein ……………………………..  135

CHAPTER 13                     Capital budgeting: theory and practice

                                                                Fadi Alkaraan and Trevor Hopper  …...………………….    147

PART 6:                    CORPORATE FINANCIAL MANAGEMENT AND ETHICAL FINANCE

CHAPTER 14                   The evolution of corporate investment decisions: a multidisciplinary perspective

                                                                Michael Dempsey …………………………………………. 173

CHAPTER 15                   Corporate financial management: time to change the cost of capital paradigm?

                                                                Michael Dempsey …………………………………………. 199

CHAPTER 16                   Ethical finance: an agenda for consolidation or for radical change?

                                                                Ratnam Alagiah, Zahirul Hoque and Michael Dempsey …. 223

PART 7:                    CONTEMPORARY MANAGEMENT ACCOUNTING

CHAPTER 17                     Quality costing: concepts and processes

                                                                Zahirul Hoque ……………………………………………..  241

CHAPTER 18                     Value chain analysis and accounting

                                                                Zahirul Hoque ……………………………………………..  249

CHAPTER 19                     Supply chain and management accounting

                                                                Mathew Tsamenyi, John Cullen and Richard Chivaka ……  259

CHAPTER 20                   Environmental management accounting: an overview and application of the concept

                                                                Craig Deegan ………………………………………...….….275

PART 8:                                  PERFORMANCE EVALUATION

CHAPTER 21                     Measuring divisional performance in the short-run

                                                                Zahirul Hoque ………………………………………………307

CHAPTER 22                   Multiple performance measures in the long-run: application of the balanced scorecard approach

                                                                Zahirul Hoque  …………………………………………….  315

PART 9:                    CASES IN PUBLIC SECTOR COSTING & BUDGETING

CHAPTER 23                   The challenge of managing the human relations aspects of accounting control systems change: an Australian experience

                                                                Jodie Moll ………………………………………………….  325

CHAPTER 24                   Cost information and management systems in a public hospital

                                                                Carly Webster .. …………………………………………… 349

Index                                …………………………………………………………….   365

Imprint
Spiramus Press
Publisher
Spiramus Press
Language
English
Product Format
Paperback
Dimensions
234 x 162
Weight
581 grams
Publication Date
1 Feb 2005
Number of Pages
368
ISBN
9781904905011
Product Format
PDF
Publication Date
28 May 2010
ISBN
9781904905318