
- 322 pages
- English
- PDF
- Available on iOS & Android
About this book
Management Accounting is a textbook for business management study programmes. It covers the international syllabus of cost accounting and controlling on bachelor's and master's levels. Prof. Berkau has more than 25 years of teaching experience in Germany (UAS Osnabrück) and at international universities in South Africa, Malaysia, China, the Netherlands, and South Korea.The textbook strictly follows a case study-based approach. All methods are discussed by easily understandable cases. The calculations demonstrate how to apply management accounting step by step.In the first chapters, the case study PENOR PLC about a British windows/doors manufacturer explains the differences between financial accounting (IFRSs) and management accounting. In the next following sections, the textbook covers two points of view: (1) a controlling view, with budgeting, cost-volume-profit analysis, degree of operating leverage, investment appraisal, mergers and cross-border acquisitions and risk valuation (MonteCarloSimulation); (2) a cost accounting view that covers management accounting systems, flexible budgeting, cost allocation methods, performance measurement, monitoring, reporting, product calculation, manufacturing accounting (job order and process costing), activity-based costing, target costing and contribution margin accounting.On the UVK website, numerous exam tasks with complete solutions, further study materials, and links to video clips produced by Prof. Berkau are available for download.
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Information
Table of contents
- I. Contents
- II. Introduction
- 1. Conventions
- 2. Introduction to Managerial Accounting
- 3. Case Study PENOR PLC - Financial Accounting
- 4. Case Study PENOR PLC – Managerial Accounting
- 5. Management Accounting vs. Financial Accounting
- 6. Cost Planning / Business Plan
- 7. Investment Decisions
- 8. Cost Volume Profit Analysis (CVP-Analysis)
- 9. Degree of Operating Leverage (DOL)
- 10. Performance Measurement
- 11. Accounting for Mergers and Acquisitions
- 12. Risk Valuation
- 13. Full Cost Accounting Systems
- 14. Flexible Budgeting / Standard Costing
- 15. Cost Monitoring
- 16. Cost Allocations
- 17. Reporting
- 18. Job Order Costing (Manufacturing Accounting)
- 19. Process Costing (Manufacturing Accounting)
- 20. Contribution Margin Accounting
- 21. Activity Based Costing and Target Costing
- 22. Abbreviations
- 23. Table of Figures
- 24. List of Links
- 25. Literature