This revision of Management Accounting 3e has been written to align the text more closely with the requirements of the FNS10 Training Package. The chapter on differential costing and linear programming (Chapter 11 in the 3e), which was judged to be superfluous to the requirements of FNS10, has been removed. In addition, the questions and exercises have been extensively revised and the text has been given a new, more open and accessible design, to significantly improve its learner-friendliness. A new competency grid matches chapters to the performance criteria in FNS10.

This text is suitable for most courses dealing with cost or management accounting. Many management accounting texts assume that students have a basic knowledge of cost accounting. This text provides students with that basic knowledge, which is then applied to practical situations using a variety of management accounting systems.

Each topic is organised into smaller parts, each of which is followed by a self-test problem. These self-test problems allow practice and assessment of the student’s knowledge in a non-threatening way. Immediate feedback can be obtained and thus the student can take further remedial action.

It is the intention of this text to provide students with a comprehensive understanding of management accounting and its role as an aid to decision making in the modern business organisation.