Management Accounting is written for students in international Business Management study programs. It covers the widely applied syllabus of Cost Accounting and Management Accounting at universities on bachelor’s and master’s level. The book is based on more than 20 years’ academic teaching experience in Germany and at international universities in South Africa, Malaysia, China, the Netherlands and South Korea.
In this text book, the application of methods and instruments comes first. Management Accounting follows a case study based approach. All cases are taken from previous exam papers and explained in detail.
The text book starts with a case study of a manufacturing company and compares Financial Accounting to Management Accounting. It covers two point of views: (1) a General Management view, with aspects of business planning, cost-volume-profit analysis, degree of operating leverage, mergers and cross-border acquisitions and risk valuation. (2) a Cost Accounting view with Management Accounting systems, flexible budgeting, cost allocations, performance measurement and monitoring, reporting, calculation, manufacturing accounting (job order and process costing), activity based costing and multi-level contribution margin Accounting.
On the UVK website, numerous exam tasks and complete solutions thereto are available in English.
- page 1–3 Titelei/Inhaltsverzeichnis
- page 4–10 1. Conventions
- page 11–15 2. Introduction to Management Accounting
- page 16–40 3. Case Study PENOR PLC - Financial Accounting
- page 41–71 4. Case Study PENOR PLC – Managerial Accounting
- page 72–81 5. Characteristics of Management Accounting and Major Differences to Financial Accounting
- page 82–112 6. Cost Planning / Business Plan
- page 113–133 7. Cost Concepts, Cost Behaviour and Cost Separation
- page 134–149 8. Cost Volume Profit Analysis (CVP-Analysis)
- page 150–166 9. Degree of Operating Leverage (DOL)
- page 167–179 10. Performance Measurement
- page 180–210 11. Accounting for Mergers and Acquisitions
- page 211–229 12. Risk Valuation
- page 230–251 13. Structure of Cost Accounting Systems
- page 252–264 14. Flexible Budgeting / Marginal Cost Accounting
- page 265–273 15. Cost Monitoring
- page 274–296 16. Cost Allocations
- page 297–306 17. Reporting
- page 307–327 18. Job Order Costing (Manufacturing Accounting)
- page 328–338 19. Process Costing (Manufacturing Accounting)
- page 339–343 20. Multiple-Level Contribution Margin Accounting
- page 344–356 21. Activity Based Costing
- page 357–362 22. Abbreviations
- page 363–367 23. Table of Figures
- page 368– 24. Literature