Management Accounting
International Syllabus
Abstract
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.
Zusammenfassung
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.
- 1–3 Titelei/Inhaltsverzeichnis 1–3
- 4–10 1. Conventions 4–10
- 11–15 2. Introduction to Management Accounting 11–15
- 16–40 3. Case Study PENOR PLC - Financial Accounting 16–40
- 41–71 4. Case Study PENOR PLC – Managerial Accounting 41–71
- 72–81 5. Characteristics of Management Accounting and Major Differences to Financial Accounting 72–81
- 82–112 6. Cost Planning / Business Plan 82–112
- 113–133 7. Cost Concepts, Cost Behaviour and Cost Separation 113–133
- 134–149 8. Cost Volume Profit Analysis (CVP-Analysis) 134–149
- 150–166 9. Degree of Operating Leverage (DOL) 150–166
- 167–179 10. Performance Measurement 167–179
- 180–210 11. Accounting for Mergers and Acquisitions 180–210
- 211–229 12. Risk Valuation 211–229
- 230–251 13. Structure of Cost Accounting Systems 230–251
- 252–264 14. Flexible Budgeting / Marginal Cost Accounting 252–264
- 265–273 15. Cost Monitoring 265–273
- 274–296 16. Cost Allocations 274–296
- 297–306 17. Reporting 297–306
- 307–327 18. Job Order Costing (Manufacturing Accounting) 307–327
- 328–338 19. Process Costing (Manufacturing Accounting) 328–338
- 339–343 20. Multiple-Level Contribution Margin Accounting 339–343
- 344–356 21. Activity Based Costing 344–356
- 357–362 22. Abbreviations 357–362
- 363–367 23. Table of Figures 363–367
- 368– 24. Literature 368–