Costing: An introduction Teachers' Manual (2nd ed.)

The aim of the second edition of this book is to provide an introduction to the theory and practice of cost and management accounting.

A cost accounting system accumulates financial information for stock valuation and profit measurement whereas a management accounting system accumulates, classifies and reports information that will assist managers in their decision-making, planning and control activities.

This book is concerned with both cost and management accounting, with equal emphasis being placed on both systems.;Intended primarily for students who are pursuing a one year cost and management accounting course, the book is ideal for those approaching this subject for the first time.;It is suitable for foundation professional (CACA, CIMA and one year college foundation courses, Association of Accounting Technicians, BTEC higher and national diploma, "A" level accounting and a first level costing course for undergraduate degree students.