Management Accounting Study Text: Planning, Control & Analysis

This management accounting study text provides a comprehensive overview of key concepts and techniques used in the field. It begins by distinguishing between accounting, management accounting, financial accounting, and cost accounting, emphasizing the importance of information and its attributes. The text covers topics such as cost estimation and forecasting, planning and decision-making, budgetary control, standard costing and variance analysis, inventory control, performance evaluation decisions, transfer pricing, financial and non-financial performance, and information systems and reporting to management. It also includes model answers, a glossary, an index, and references to aid in understanding and application of the material. The study text is designed to equip students with the knowledge and skills necessary for effective management accounting practices within an organization.