Fundamentals of Management Accounting

This book describes in depth internal use of accounting information by management for decision making. It is a comprehensive coverage of all the basic concepts of management accounting to suit those either studying or managers involved in management accounting.

The book is divided into six sections: overview of management accounting in terms of its relationship with financial accounting; budgeting as a tool of profit planning; marginal costing; standard costing; responsibility accounting; cost management cost control and cost reduction.