This is the front page of the Cost & Management Accounting section of this web site.

Latest Additions

I have taken a look at a research article on product cost system design and development by Drury and Tayles and whilst the article is essentially academic in nature it does have some useful things for the practical accountant to think about. See the menu item System Design under Cost Accounting My analysis of a Journal Article on Absorption v Marginal Costing. Some good ideas but general bewliderment that it was published. See the menu item Absorption v Marginal Costing Again, under Cost Accounting. I was asked to put together a page on standard costing variances for sales. So I did. Go to the PDFs page and then look for Sales Variances to find what I did. Well worth it! Introduction to Management Accounting, Transfer Pricing and Labour Turnover again

The pages in this section range in content and difficulty from introductory to advanced. The links on the left hand side of the page are classified according to topic, however.

Basically the contents of this section begin at the beginning! Page one concerns the classification of costs and that would normally appear in the early stages of a cost accounting course.

Coding would naturally follow classification; then cost behaviour analysis would follow on the from there ... and so on.

The cases in this section have been especially developed for it and they range in difficulty from straightforward to complex. Perhaps the most complex case is the Telephone Costs case.

Activity based costing is introduced by way of a comprehensive discussion.

Budgeting is given relatively extensive treatment and we look at several aspects of it, including the new page on cash budgeting and electronic budgeting.

I enjoy Monte Carlo Simulations which is why I have created a page for this topic: I have combined the topic with examples from a chapter of a book that I enjoyed reading several years ago!

Finally, I created a section for this site entitled Equations for Accountants: you can access that section from here. You will probably find it useful one day!

Duncan Williamson
22^nd December 2007