Strategic Accounting for Management

In modern business organizations the traditional distinctions between 'financial' and 'managerial' accounting have become less relevant. The older emphasis on standardised procedures is giving way to more flexible accounting systems which focus on the analysis of managerial opportunities. Strategic Accounting for Management is designed for management students at post-graduate business schools and on executive MBA courses. It takes current trends in management accounting and develops a new integrated framework for the design of financial and economic modelling, production planning and methodologies, including total quality management. Each chapter reviews the relevant topics and places them in the context of managerial decision-making. The exposition of the methods involved is supplemented with clear worked examples based on common business issues.