CIMA Official Learning System Management Accounting Decision by Jo Avis, Louise Burke, Colin Wilks

By Jo Avis, Louise Burke, Colin Wilks

The hot variation of CIMA's legitimate studying structures has been written together with the Examiner and the CIMA school to completely replicate what should be confirmed within the examination.

Updated with new case experiences and labored examples, the training structures offer entire examine fabric for the may perhaps and November 2009 assessments.

The totally revised paperback versions characteristic complete color all through and comprise:
* perform questions all through
* whole revision part
* subject summaries
* urged studying articles from a number journals
* Q & A's

CIMA legitimate studying structures are the single fabrics written and counseled by means of the CIMA college.

* The legitimate studying platforms are the one examine fabrics counseled via CIMA
* totally revised with new examples and case experiences
* Written by means of the Examiner
* entire built-in package deal incorporating syllabus assistance, complete textual content, urged articles, revision publications and wide query perform

Show description

Read or Download CIMA Official Learning System Management Accounting Decision Management, Fifth Edition (CIMA Managerial Level 2008) PDF

Similar managerial books

Strategic Business Tax Planning, Second Edition

Strategic company Tax making plans, moment variation is the definitive instruction manual on enterprise tax making plans, skipping the pointless and minute taxation information and focusing as a substitute at the massive photo in taxes. equipped round enterprise methods, this reader-friendly advisor exhibits you ways to optimally positioned tax administration rules to paintings on your company.

Single Point of Failure: The 10 Essential Laws of Supply Chain Risk Management

Over the last decade corporations have confronted relentless consumer call for for larger price at much less fee, person customization, better selection, quicker supply, better caliber, extraordinary carrier, and extra lately – elevated environmental and social awareness. The organization’s weapon of choice to handle this expanding call for has been the provision chain.

Review of Management Accounting Research

A entire evaluate of latest learn in administration accounting. offers a radical severe research of modern concerns released within the administration accounting literature and identifies gaps for destiny examine in each one factor reviewed.

Fair Value Accounting: Key Issues Arising from the Financial Crisis

The 2008 monetary problem has grew to become a focus at the function of economic reporting during periods of monetary downturn. In analysing the monetary trouble, many commentators have attributed blame to reasonable price accounting (FVA) due to the pro-cyclical impact it very likely introduces in banks' monetary statements.

Extra info for CIMA Official Learning System Management Accounting Decision Management, Fifth Edition (CIMA Managerial Level 2008)

Example text

The longer it takes, the more overhead will have been incurred in the cost centre during that time. In addition to these general considerations, each absorption method has its own advantages and disadvantages: (a) Rate per unit. This is the easiest method to apply but it is only suitable when all cost units produced in the period are identical. Since this does not often happen in practice this method is rarely used. (b) Direct labour hour rate. This is a favoured method because it is time-based.

Advertising campaigns that promote the organisation would also be included. The first and last categories above are the same as those in traditional absorption costing and so if an organisation’s costs are mainly made up of these two categories ABC will not improve the overhead analysis greatly. But if the organisation’s costs fall mainly in the second and third categories an ABC analysis will provide a different and more accurate analysis. Although non-manufacturing costs have been included in the examples above, some organisations only use ABC for production costs.

MANAGEMENT ACCOUNTING – DECISION MANAGEMENT The first step is to prepare an overhead analysis sheet which shows the apportionment of the overheads, using the most appropriate basis for each. Overhead item Basis of apportionment Allocated costs Rent and rates Buildings insurance Electricity & gas Depreciation Insurance – Floorspace Floorspace Floorspace Plant cost Plant cost Canteen Stores Employees Requisitions Total £ 70,022 4,641 3,713 6,800 28,390 8,517 122,083 – – 122,083 Dept A £ 21,328 1,934 1,547 2,833 18,450 5,535 51,627 6,000 13,700 71,327 Dept B £ 29,928 1,547 1,238 2,267 8,520 2,556 46,056 3,000 1,700 50,756 The rent and rates cost is apportioned as follows: Total floorspace ϭ 18,564 square metres.

Download PDF sample

Rated 4.20 of 5 – based on 36 votes