Management and Cost Accounting (3rd South African Edition)
Buy Management and Cost Accounting 3rd SA Ed (ISBN: 9781473792180). The essential guide to cost estimation and budgeting in SA. Shop now!
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Master the numbers that drive business decisions. Management and Cost Accounting is the premier text for South African students aiming to understand how costs are captured, allocated, and used to steer corporate strategy. This 3rd SA Edition blends Drury’s globally recognized theory with local case studies, South African tax implications, and the specific reporting requirements of the local business environment. It is an indispensable tool for anyone pursuing a CA(SA) or CIMA qualification.
Why this 3rd SA Edition is an Accounting Essential:
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Local Context: Features South African examples and terminology, ensuring you are prepared for local university exams and professional board papers.
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Decision-Focused: Moves beyond simple bookkeeping to show how management accounting provides a competitive advantage through strategic cost management.
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Comprehensive Problem Sets: Includes a massive repository of practice questions that mirror the complexity of UNISA and CTA-level assignments.
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Modern Techniques: Covers contemporary themes like Activity-Based Costing (ABC), Total Quality Management (TQM), and the Balanced Scorecard.
Key Topics Covered:
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Cost Classification: Distinguishing between fixed, variable, direct, and indirect costs for accurate reporting.
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Job and Process Costing: Mastering the flow of costs in manufacturing and service environments.
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Cost-Volume-Profit (CVP) Analysis: Calculating break-even points and target profits to aid managerial planning.
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Budgeting and Control: Creating functional budgets and performing variance analysis to track performance.
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Standard Costing: Analyzing price and efficiency variances to identify operational “red flags.”
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Capital Investment Decisions: Using DCF, NPV, and IRR to evaluate long-term business projects.
Key Specifications:
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ISBN-13: 9781473792180
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Authors: Colin Drury (Original), Michael Murphy (SA Adaptation)
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Publisher: Cengage Learning
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Edition: 3rd South African Edition
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Format: Physical Softcover
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