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Management Accounting for Decision Makers, 10th edition

Published by Pearson (February 25, 2021) © 2021

  • Peter Atrill University of Plymouth Business School
  • Eddie McLaney

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Familiarise your students with the essential management accounting principles and techniques from theory to practice.

Management Accounting for Decision Makers,10th Edition supports your teaching as you introduce your students to essential management accounting concepts from theory to practice, reinforcing their learning in real-life decision making.

This reader-friendly edition offers step-by-step guidance, providing the all-important framework for effective strategic planning and decision making.

With a plethora of exercises and real-life examples, this market-leading text will help your students link theory with practice and develop the skills for successful decisions later in their career.

A clear introduction to key principles of Management Accounting

  • A step-by-step approach with a range of real-world examples, provide the framework for successful decision-making.
  • A focus on decision-making prepares students for a business career.
  • A comprehensive structure consolidates your students' learning, enabling individual learning & group work.

A structure that helps students consolidate their learning

  • The Introductions in each chapter set the learning objectives for your students.
  • Regular Examples and Activities sections stimulate student thinking.
  • Chapters conclude with a summary containing key points, Self-Assessment Question boxes, and Critical Review Questions.
  • End-of-chapter exercises cover a range of levels allowing students to develop their critical thinking skills.

Help students make sense of real accounting issues with relevant, real-life examples.

  • New and updated real-world examples add variety and interest to the subject with the use of arresting new data and scenarios, helping students understand the theory as it actually is applied in practice in the business environment.
  • New and fresh content incorporates current developments, including AI and the future of budgeting.
  • Up-to-date information takes the Global Management Accounting Principles into account published by CGMA, ensuring the principles in the book tie-up with professional standards.

Enable group work and individual learning & revision with helpful pedagogical features seamlessly woven into the text.

  • The revised Regular Examples and Activities sections stimulate your students' thinking, chosen to come at the most necessary points in each chapter.
  • Refreshed Critical Review Questions at the end of each chapter now include new questions for this edition, encouraging your students to pull together and apply knowledge of management accounting concepts they are learning.
  • Thoroughly revised and updated end-of-chapter exercises and integrated activities throughout the book provide excellent opportunities to test your student's knowledge of core ideas and develop their critical thinking skills.

Features of Pearson eText for the 10th Edition

Familiarise your students with the essential management accounting principles and techniques from theory to practice.

Management Accounting for Decision Makers, 10th Edition supports your teaching as you introduce your students to essential management accounting concepts from theory to practice, reinforcing their learning in real-life decision making.

Extend learning beyond the classroom with Pearson eText – an easy-to-use digital textbook.

Optimise study time
  • Find it fast. Enhanced search makes it easy to find a key term or topic to study. Students can also search videos, images, and their own notes.
  • Get organised and get results. Students can customise how they study and add their own notes, bookmarks, and highlights directly in their eText.
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Meet students where they are
  • Read online or offline. With the mobile app, you and your students can access your eText anytime, even offline.
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  • Watch and learn. Videos and animations within the eText bring tricky concepts to life (available in selected titles).

Features of MyLab Accounting for the 10th Edition

Build your own assignments and coursework with a fully integrated homework and tutorial system.
  • MyLab® has turned over 45 previously static questions into algorithmic ones, bringing the total number of algorithmic questions to over 350, so each student works on a numerical problem that is individual to them.
  • Five new video exercises covering key concepts in Management Accounting consolidate your students' understanding of concepts learned in class. Topics include: Break-even Point (ch.3), Full costing (ch.4), Variance analysis (ch.7), Time Value of Money (ch.8), and Investment appraisal (ch.8)
  • There are now 980 exercises in MyLab® that include updated material to assign for formative or summative work. Students can view their results, and instructors can track student performance in the sophisticated Gradebook.
A series of Case Studies bring key concepts to life and connect theory with real-world examples.

Six new Case Studies have now been added to this edition of MyLab® Accounting, bringing the total number to nine, helping students link between theory and decision making. Cases incorporate Financial Times articles about real businesses or detail the development of a fictional company's financials, followed by questions for discussion and multiple-choice questions.

Brief contents

Preface

How to use this book

Acknowledgements

  1. Introduction to management accounting
  2. Relevant costs and benefits for decision making
  3. Cost–volume–profit analysis
  4. Full costing
  5. Costing and cost management in a competitive environment
  6. Budgeting
  7. Accounting for control
  8. Making capital investment decisions
  9. Managing risk
  10. Strategic management accounting: performance evaluation and pricing in a competitive environment
  11. Measuring divisional performance
  12. Managing working capital

Appendix A Glossary of key terms

Appendix B Solutions to self-assessment questions

Appendix C Solutions to review questions

Appendix D Solutions to selected exercises

Appendix E Present value table

Index

Peter Atrill is a freelance academic and author who has worked with leading institutions in the UK, Europe, and South-East Asia. As well as working as a business consultant, he was previously Head of Business and Management and Head of Accounting and Law at Plymouth Business School.

Eddie McLaney is an academic author with several years of experience teaching Accounting and Finance. He was formerly the Accounting Subject Group Leader and Principal Lecturer in Accounting and Finance at Plymouth Business School.

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