Publisher's Synopsis
Over the past two decades, a revolution has occurred in the writings about and the practice of management accounting. Some commentators attribute this to the concept of activity-based costing (ABC), which was popularised in the US during the mid-1980s. It was hailed as a more-accurate product-costing method than what was then referred to as traditional cost accounting (TCA).
Thereafter, a large number of innovations and other new techniques were proposed – and adopted by many companies. These developments have important implications for all of those teaching and practising the discipline of management accounting.
Strategies in Management Accounting is a series of essays covering some of the main advances in the field.
Topics include:
- The need for relevance in management accounting
- Activity-based costing
- Customer profitability analysis
- Performance measurement and balanced scorecard
- The importance and measurement of quality
- The budgeting process
This book is a guide for anyone studying, practising or researching in this area. It offers two decades of published thought leadership on this core accounting subject.
