Management and Cost Accounting

The late Colin Drury was at Huddersfield University from 1970 until his retirement in 2004, when he was awarded the title of Emeritus Professor. For over 40 years, Professor Colin Drury has been at the forefront of helping students learn the key concepts and processes in management and cost accounting through his bestselling textbooks, which have been widely recommended by the main professional accounting bodies for their examinations. He was an active researcher throughout his career and his research has been published in around 100 professional and academic journals. In recognition for his contribution to accounting education and research, Drury received a lifetime achievement award by the British Accounting Association in 2009. Drury’s flagship title Management and Cost Accounting was first published in 1985 and is now in its 12th edition. It established itself as one of the leading management accounting textbooks in EMEA. It is known, not just for its rigour and authority, but particularly for Drury’s down-to-earth style that reflects his background as a practising accountant before his involvement in academia. Professor Mike Tayles holds the Emeritus Chair in Accounting and Finance at the University of Hull. During his career he has been the Head of Management Accounting and Programme Director of various Degree Programs as well as a Visiting Professor at various universities internationally. He has been an examiner/lead marker for the ACCA and CIMA. Mike is a Chartered Management Accountant with a first degree in mathematics and economics and a doctorate in contemporary management accounting practices. He has worked in various manufacturing industries, holding such positions as group management accountant and financial controller. Mike Tayles' research interests include management accounting practices, cost system design, activity-based cost management and developments in strategic management accounting, including quality and intellectual capital. He has presented papers at national and international conferences, published articles in professional and international academic journals and research reports. He has consulting and research experience in manufacturing as well as service businesses.

• Part 1: Introduction to MCA1. Introduction to MA2. An introduction to cost terms and conceptsPart 2: Cost accumulation for inventory valuation and profit measurement3. Cost assignment 4. Process costing5. Joint and by-product costing6. Income effects of alternative cost accumulation systemsPart 3: Information for decision-making7. Cost-volume-profit analysis8. Measuring relevant costs and revenues for decision-making9. Pricing decisions and profitability analysis10. Activity-based costing11. Decision-making under conditions of risk and uncertainty12. Capital investment decisions: appraisal methods13. Capital investment decisions: the impact of capital rationing, taxation, inflation and riskPart 4: Information for planning, control and performance measurement14. Management control systems15. The budgeting process16. Standard costing and variance analysis 117. Standard costing and variance analysis 2: further aspects18. Divisional financial performance 19. Transfer pricing in divisionalized companiesPart 5: Strategic performance and cost management for value creation; digitalization, sustainability and the future of management accounting20. Strategic performance management 21. Strategic cost management and value creation22. Management accounting – current technologies and data analytics23. Sustainability and environmental management accounting24. Overview and challenges for the futurePart 6: Addendum: The application of quantitative methods to management accounting25. Cost estimation and cost behaviour26. Quantitative models for the planning and control of inventories