Cost And Management Accounting 8th Edition 978-1408093887

About the Author

Colin Drury BA MBA ACMA is Emeritus Professor at Huddersfield University and a leading textbook author for a generation of accounting students. His books have been widely recommended by the main professional accounting bodies for their examinations. He is an active researcher and published in the main peer-reviewed journals including Management Accounting Research and European Accounting Review, with his research focussing on the application of management accounting techniques in British industry.

This is the best book that money can buy. I am a Chartered Management Accountant (CIMA) student. I bought number of books of this subject and they didn't help me in any way. Finally after much thoughts I bought this book and I am glad that I did. I was able to clear my professional exams without any tutor support and above all I was placed in the 70%+ category. All thanks are due to the author who wrote such a book that takes care to explain every bit of management accounting. This book is best for the following chapters:

1. Process Costing - Can be tricky during first read, however the best read!!!

2. Income effects of alternative cost accumulation systems

3. CVP Analysis - Simple and Effective, the problems are great!!!

4. Measuring Relevant Costs

5. ABC

6. Pricing Decision - The final problems are really advanced

7. Decision making under uncertainity - Doesn't cover much material though

8. Capital Decision 1 and 2

9. Standard Costing 1 and 2 - This is my favorite chapter and the author does a great job here.

10. Inventory accounting

11. Linear Programming - The problems are challenging to anyone who didn't take a course in LP.

Overall a great book for those who are really interested in learing this subject.