The book is based on more than 20 years’ academic teaching experience in Germany and at international universities in South Africa, Malaysia, China,
the Netherlands and South Korea.
In this text book, the application of methods and instruments comes first. Management Accounting follows a case study based approach.
All cases are taken from previous exam papers and explained in detail.
The text book starts with a case study of a manufacturing company and compares Financial Accounting to Management Accounting.
It covers two point of views: A General Management view, with aspects of business planning, cost-volume-profit analysis, degree of operating leverage,
mergers and cross-border acquisitions and risk valuation.
A Cost Accounting view with Management Accounting systems, flexible budgeting, cost allocations, performance measurement and monitoring,
reporting, calculation, manufacturing accounting (job order and process costing), activity based costing and multi-level contribution margin Accounting.
On the UVK website, numerous exam tasks and complete solutions thereto are available in English.
Inhalt: 1. Conventions 2. Introduction to Management Accounting 3. Case Study PENOR PLC - Financial Accounting
4. Case Study PENOR PLC – Managerial Accounting 5. Characteristics of Management Accounting and Major Differences to Financial Accounting
6. Cost Planning / Business Plan 7. Cost Concepts, Cost Behaviour and Cost Separation 8. Cost Volume Profit Analysis (CVP-Analysis)
9. Degree of Operating Leverage (DOL) 10. Performance Measurement 11. Accounting for Mergers and Acquisitions
12. Risk Valuation 13. Structure of Cost Accounting Systems 14. Flexible Budgeting / Marginal Cost Accounting
15. Cost Monitoring 16. Cost Allocations 17. Reporting 18. Job Order Costing (Manufacturing Accounting) 19. Process Costing (Manufacturing Accounting)
20. Multiple-Level Contribution Margin Accounting 21. Activity Based Costing 22. Abbreviations 23. Table of Figures 24. Literature
Berkau, Management Accounting