Contemporary Management Accounting was written in response to changes in the global business environment. Unbridled access to information and intense competition has meant that management accounting has become an increasingly important tool for managers and accountants alike. Most textbooks focus on content knowledge and then expect students to \'magically\' demonstrate skills such as decision-making and critical thinking. As many students fail to recognise the assumptions,...
More DescriptionContemporary Management Accounting was written in response to changes in the global business environment. Unbridled access to information and intense competition has meant that management accounting has become an increasingly important tool for managers and accountants alike. Most textbooks focus on content knowledge and then expect students to \'magically\' demonstrate skills such as decision-making and critical thinking. As many students fail to recognise the assumptions, limitations, behavioural implications and qualitative factors that influence managerial decision-making, this text will better-prepare students for professional success by bridging the gaps between knowledge, skills and abilities. The textbook is written in a style that is accessible to students and includes features such as a decision-making framework, realistic examples and self-study problems. There is also unique problem material structured to encourage students to think about accounting problems and problem-solving in greater depth. FEATURES Focuses on a wide range of business types, including manufacturing, retail, service, non-profit, and SMEs. Explores ethical questions about real business scenarios by introducing an ethical decision making framework in Chapter 1. Ethical scenarios are then presented in each chapter. Illustrative examples are positioned throughout all chapters to support the key concepts presented. Scene setters present a range of real business scenarios that introduce the management accounting concepts to be presented in the chapter. Focuses on management accounting methods, techniques and the quality of cost accounting information used for decision-making to deliver a thoroughly modern treatment of cost accounting topics. ABOUT THE AUSTRALASIAN AUTHORS Albie Brooks , BCom, DipEd, PhD, FCPA is a senior lecturer in accounting at Victoria University where he has taught for eighteen years. His teaching is predominantly in the areas of management accounting, management control and research methods. His research interests include management accounting innovation issues, corporate governance and accounting education. With Judy Oliver he was recipient of the 2003 Vice-Chancellor\'s Award for Teaching Excellence in the Faculty of Business and Law. Judy Oliver , BBus, MBus, PhD, CA is a senior lecturer in accounting at the University of Tasmania. She teaches management accounting and first year accounting at both the undergraduate and postgraduate level. With Albie Brooks she was the recipient of the 2003 Vice-Chancellors Award for Teaching Excellence in the Faculty of Business and Law. Gillian Vesty, BBus, MRes, RN, is a Lecturer in Accounting at the University of Melbourne. She teaches management accounting at both undergraduate and postgraduate level. Her research interests include sustainability management accounting, public sector accounting and contemporary accounting theories.