Management accounting is crucial for efficient business management, especially in the areas of: formulation of strategy; planning; the measurement and control of performance; decision-making; ascertaining income and costs and establishing prices. In this authoritative introduction to the subject, the authors explain and illustrate the ways in which management accounting works in all its phases - from the determination of figures, through their presentation and interpretation, to their application in business management. Table of Contents The Role of Management Accounting Planning and control Cost Classification Cost Behaviour Cost Prediction Techniques Budgetary Control Costing and pricing Cost Allocation and Apportionment Absorption Costing Marginal Costing Activity-based Costing Process Costing Other Costing Methods Standard Costing Cost Collection and Recording Decision making Cost-Volume-Profit Analysis Limiting Factors Relevant Cost and Revenues.