Summary

This book builds on the excellent foundations of Garrison and Noreen's textbook that has now gone into ten editions. Clear and readable explanations of the basic principles of management accounting and outstanding exhibits are combined with plentiful examples of practice. The chapters have clear learning objectives that are developed and reinforced through numerical examples, and graded end-of-chapter exercises, problems and cases. The resulting book, with its associated website, is thus an amalgam of solid core technical material and emerging issues presented in a learning and teaching package that is accessible, rigorous and stimulating. - Earlier chapters have been re-grouped into costing, decision-making and control categories that are more familiar to a European audience. UK/European business and accounting terminology and business examples have been integrated throughout the text. - New Chapters on Decision-Making under Uncertainty and Risk, Strategic Management Accounting, Stock Management, and Pricing Policies address emerging issues on management accounting in the context of new technologies such as the internet and new business models. - Focus on Current Practice boxes