Management and Cost Accounting For Dummies, UK Edition
Learn to:
- Understand the basic concepts, terminology and methods in management and cost accounting
- Interpret accounting information for business decisions and budgeting
- Manage costs in your organisation
Get to grips with management and cost accounting – fast
With easy-to-understand explanations and real-life examples, Management & Cost Accounting For Dummies provides students and trainees with the basic concepts, terminology and methods to identify, measure, analyse, interpret and communicate accounting information in the context of managerial decision-making.
- Get a bird's-eye view – find out what management and cost accounting is all about, why it's so important and what every accountant and businessperson needs to know about it
- Learn the costs of doing business – get the lowdown on the various kinds of business costs, how they behave, and how to tackle job costing, process costing and product costing
- Be the man, or woman, with a plan – learn about the key role business accountants play in planning and budgeting for the future
- Go with the flow – discover how to develop dynamic budgets and how budgeting is key to long- and short- term business decisions
- Gear up – outfit yourself with powerful accounting tools for monitoring, evaluating and controlling activities throughout your organisation
Open the book and find:
- Tools and techniques for communicating accounting information
- The balanced scorecard and the theory of constraints – two must-have tools
- Ways to use management accounting for evaluation and budgetary control
- How to classify and allocate the different types of costs
- Ten key management accounting formulas
- Ten careers in management and cost accounting