Management Accounting: South African Edition

KIM LANGFIELD-SMITH Kim has a BEc from the University of Sydney, a MEc from Macquarie University and a PhD from Monash University, and is a fellow of CPA Australia and the Institute of Chartered Accountants in Australia (ICAA). She is Deputy Dean (Research) and Professor of Management Accounting in the Faculty of Business and Economics at Monash University, Australia and her prior appointments were at La Trobe University, the Universities of Melbourne and Tasmania, and the University of Technology, Sydney. Before entering academic life Kim worked as an accountant in several commercial organisations. Her research interests are in the area of management control systems. She has published articles in many referred journals in the accounting and management fields, including Accounting, Organizations and Society; Journal of Management Accounting Research; Management Accounting Research; Behavioral Research in Accounting; Journal of Accounting Literature; and Journal of Management Studies. Kim sits on several editorial boards and was President (Australia) of the Accounting Association of Australia and New Zealand (AAANZ), now known as the Accounting and Finance Association of Australia and New Zealand (AFAANZ), from 1999 to 2001. Kim continues to play an active role in the profession. She is chair of the Professional Qualifications Advisory Committee of CPA Australia, and a member of the International Accounting Education Standards Board (IAESB), representing the ICAA and CPA Australia. HELEN HELEN THORNE Helen has a BEc and DipAcc from Flinders University, and a PhD from the University of Adelaide. She is an adjunct professor in the International Graduate School of Business at the University of South Australia. Helen has also held appointments in the Graduate School of Management and the Commerce Department at the University of Adelaide. Her research focuses on contemporary approaches to management accounting, including activity-based costing and strategic performance measurement systems, and she has published in referred journals in these areas, including Journal of Accounting Literature; Journal of Cost Management; Advances in Management Accounting; and Australian Accounting Review. Before commencing her academic career, Helen worked as a management accountant with a major international company. Since then she has maintained her interests in the ‘real world’. She is a member of CPA Australia and has undertaken consulting work in management accounting for a number of organisations in the manufacturing and service industries.

• Part 1 Introduction to Management Accounting 1.Management Accounting: Information for Managing Resources and Creating Value 2. Management Accounting: Cost Terms and Concepts Part 2 Costs and Costing Systems 3. Cost Behaviour, Cost Drivers and Cost Estimation 4. Product Costing Systems 5. Process Costing and Operation Costing 6. Service Costing 7. A Closer Look at Overhead Costs 8. Activity-Based Costing Part 3 Information for Managing Resources 9. Budgeting Systems 10. Standard Costs for Control: Direct Material and Direct Labour 11.Standard Costs for Control: Flexible Budgets and Manufacturing Overhead 12. Financial Performance Reports and Transfer 13.Financial Performance Measures for Investment Centres, and Reward Systems 14.Contemporary Approaches to Measuring and Managing Performance 15.Managing Costs and Time for Customer Value 16.Managing Suppliers, Customers and Quality 17.Environmental and Social Management Accounting Part 4Information for Creating Value 18.Cost Volume Profit Analysis 19.Information for Tactical Decisions 20.Pricing and Product Mix Decisions 21.Capital Expenditure Decisions: an Introduction 22.Further Aspects of Capital Expenditure Decisions 23. Further Questions from Professional Examinations