Ebook Mgt Accounting

Management Accounting

Management Accounting

Principles and Applications

Hugh Coombs David Hobbs Ellis Jenkins

SAGE Publications

London ● Thousand Oaks ● New Delhi

© Hugh Coombs, David Hobbs, Ellis Jenkins, 2005 First published 2005 Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act, 1988, this publication may be reproduced, stored or transmitted in any form, or by any means, only with the prior permission in writing of the publishers, or in the case of reprographic reproduction, in accordance with the terms of licences issued by the Copyright Licensing Agency. Enquiries concerning reproduction outside those terms should be sent to the publishers. SAGE Publications Ltd 1 Oliver’s Yard 55 City Road London EC1Y 1SP SAGE Publications Inc. 2455 Teller Road Thousand Oaks, California 91320 SAGE Publications India Pvt Ltd B-42, Panchsheel Enclave Post Box 4109 New Delhi 110 017

Library of Congress Control Number: 2005901200 A catalogue record for this book is available from the British Library ISBN 1-4129-0843-4 ISBN 1-85396-383-6 (pbk)

Typeset by C&M Digitals (P) Ltd., Chennai, India Printed on paper from sustainable resources Printed in Great Britain by Alden Press, Oxford

CONTENTS

List of Illustrations Preface Acknowledgements 1 2 3 4 5 6 7 8 9 10 An Introduction to Management Accounting Cost Analysis and Decision Making Costing Products and Services Management Accounting and the Planning Process – 1 Management Accounting and the Planning Process – 2 Management Accounting and the Control Process – 1 Management Accounting and the Control Process – 2 Operational Decision Making Strategic Decision Making Management Accountancy and Performance Management Systems

vi x xii 1 21 52 84 125 147 186 219 260 295 339 343

Bibliography and Recommended Further Reading Index

LIST OF ILLUSTRATIONS

Figures

2.1 2.2 3.1 3.2 3.3 4.1 4.2 5.1...