Includes bibliographical references and index. Part I. Introduction to management accounting: 1. Management accounting: information for managing resources and creating value; 2. Management accounting: basic terms and concepts -- Part II. Costs and costing systems: 3. Cost behaviour, cost drivers and cost estimation; 4. Product costing systems; 5. Process costing and operation costing; 6. Service costing; 7. A closer look at overhead costs; 8. Activity-based costing -- Part III. Information for managing resources: 9. Budgeting systems; 10. Standard cost for control: direct material and direct labour; 11. Standard costs for control: flexible budgets and manufacturing overhead; 12. Financial performance reports and transfer pricing; 13. Financial performance measures for investment centres, and reward systems; 14. Contemporary approaches to measuring and managing performance; 15. Managing costs and time for customer value; 16. Managing suppliers, customers and quality -- Part IV. Information for creating value: 17. Cost volume profit analysis; 18. Information for tactical decisions; 19. Pricing and product mix decisions; 20. Capital expenditure decisions: an introduction; 21. Further aspects of capital expenditure decisions. This third edition takes a cutting edge approach to explaining the contemporary role of management accounting in organisations. It is appropriate to the Australian business environment and provides a balanced coverage of the management accounting concepts that are relevant to the Australian economy.

ACCY211 ACCY312