Management Accounting & Decision-Making

The Senior Accounting Series is a range of student workbooks with extensive course notes that has been designed for senior secondary courses and introductory courses at tertiary level. Although it is primarily based on the prescriptions for the National Certificate of Educational Achievement, Levels 3 and 4, the series is suitable for use in other courses where students have already mastered the essential elements of the accounting cycle. Management Accounting provides coverage of two commonly used management accounting techniques: cash budgeting and cost-volume-profit analysis, together with a chapter introducing the job order costing system. An introduction to the decision-making process is included, with coverage of the different types of decisions made by managers and the information required to inform the process. The workbook provides detailed summary notes with fully worked examples and explanations at a level suitable for students who have no previous knowledge of management accounting. In addition to the study notes, the workbook provides a variety of tasks, giving students the opportunity to relate the conceptual framework to real world accounting scenarios. The tasks are interspersed with the course notes, resulting in logical flow and content development. Space for completing the tasks is included so that, upon completion of the tasks, the student has a compact summary of notes and applications in a single volume.