David Dugdale

The Evolution of Management Accounting traces the history of management accounting from the Industrial Revolution to the twenty-first century, with a particular focus on developments in the UK and the US. In this book, the author identifies the main forces that shape accounting, as well as themes recurring throughout its history, including: The limitations of actual costs; The dangers of variance analysis; The tension between variable and full absorption costs; The search for performance measures that are both effective and easily understood. By highlighting the importance of historical context for a rounded understanding of each topic, this text positively informs readers’ decision-making in practice. The book offers a thorough analysis of areas often underexplored in the current scholarship, especially the theory of constraints, the contribution of management accounting to pricing, the Beyond Budgeting movement, and the impact of technology and the emerging environmental, social, and governance agenda. This book constitutes an accessible resource to any cost and management accounting courses adopting a historical approach. Alongside students and educators, the book will also be valuable to practitioners, thanks to its in-depth coverage of real-life examples.

This book introduces Maxwell's equations as early as possible to promote greater understanding of the unity of electromagnetism. This book, which won plaudits when it was first published for its innovative approach, is now available in an updated and improved second edition. The driving force behind this text is the need for a modern presentation of the unity of electromagnetism based on the premise that electromagnetism is Maxwell's field equations in the same way as Newton's Laws of motion are classical mechanics. Thus, instead of the usual historical development of the subject, this book introduces the student to Maxwell's field equations at the earliest opportunity in order that they serve as a basis for everything that follows. Familiarity with the basic facts and laws of electricity and magnetism is assumed, with a brief review given in the text. Each chapter contains numerous worked and unworked problems which assist the reader in assessing their understanding of the theory. In this second edition, several sections have been extensively revised to allow for clearer presentation, and the text is enhanced with all new illustrations.

Management accountants should have a key role to play in developing and executing pricing strategy and policy. However, their historical focus on costing and operations means that their potential as business partners with marketing and sales professionals is easily overlooked. This book focuses on how management accountants can help key stakeholders in the formulation and execution of pricing policy and, conversely, on showing managers responsible for pricing decisions how they could be helped by management accountants. It equips management accountants with a unique overview of pricing theory, the practical, quantitative techniques they should know and the value they can bring to the pricing function. The book analyses segmentation, value to customer, price-value maps, segmental pricing, product differentiation and dynamic pricing, with traditional economic theory, showing how these ideas have implications for management accountants and the value that they can bring to the business. Differences in customer value have been integral to economic theory for decades and price discrimination, the technique of charging different prices to different customers for the same or similar goods, is well-established. This observation provides the central core of this book. The methods of price discrimination are set out in detail, showing how management accountants can bring their analytical skills to bear in helping executives and pricing professionals take advantage of differences in customer valuation to improve profits. The book provides a thorough overview of the field and offers a good introduction for researchers and students. Equally, the book shows managers, marketers and pricing professionals how management accountants can assist them in delivering better pricing practice.

Management accountants should have a key role to play in developing and executing pricing strategy and policy. However, their historical focus on costing and operations means that their potential as business partners with marketing and sales professionals is easily overlooked. This book focuses on how management accountants can help key stakeholders in the formulation and execution of pricing policy and, conversely, on showing managers responsible for pricing decisions how they could be helped by management accountants. It equips management accountants with a unique overview of pricing theory, the practical, quantitative techniques they should know and the value they can bring to the pricing function. The book analyses segmentation, value to customer, price-value maps, segmental pricing, product differentiation and dynamic pricing, with traditional economic theory, showing how these ideas have implications for management accountants and the value that they can bring to the business. Differences in customer value have been integral to economic theory for decades and price discrimination, the technique of charging different prices to different customers for the same or similar goods, is well-established. This observation provides the central core of this book. The methods of price discrimination are set out in detail, showing how management accountants can bring their analytical skills to bear in helping executives and pricing professionals take advantage of differences in customer valuation to improve profits. The book provides a thorough overview of the field and offers a good introduction for researchers and students. Equally, the book shows managers, marketers and pricing professionals how management accountants can assist them in delivering better pricing practice.

First published in 1998, this volume was designed to lead to an operational model of Advanced Manufacturing Technology (AMT) decision making which incorporated the mathematics of fuzzy set theory. The rapid advancement of robotics, automated technologies and software such as CAD and CAM have made such studies paramount. Here, analyses of a questionnaire survey and field study of major UK manufacturing companies together provide a simulating portrayal of AMT investment decision making and have been expanded upon with a model using fuzzy set theory.

First published in 1998, this volume was designed to lead to an operational model of Advanced Manufacturing Technology (AMT) decision making which incorporated the mathematics of fuzzy set theory. The rapid advancement of robotics, automated technologies and software such as CAD and CAM have made such studies paramount. Here, analyses of a questionnaire survey and field study of major UK manufacturing companies together provide a simulating portrayal of AMT investment decision making and have been expanded upon with a model using fuzzy set theory.

Budgeting is at the heart of the performance management process for most companies. However, some argue that many companies today are dissatisfied with budgeting. It is seen to be costly and time-consuming; it inhibits action and causes organisational problems. The influence of the "Beyond Budgeting" model has caused many major companies, including Toyota, to abandon traditional budgeting altogether. Should other companies follow suit? Budgeting Practice and Organisational Structure explores the changes in budgeting through a survey of financial and non-financial managers. Concerns include: The attitudes of managers towards budgeting models How budgetary practices have changed What problems budgeting can cause The effects of budgets on overall company performance. This report reveals that there’s little evidence to suggest widespread dissatisfaction with traditional budgeting. However, to enable a company to perform at its best, understanding budgeting in context is essential and it is imperative that budgeting works in tandem with other control systems and organisational structure.

Market: Students in undergraduate courses in electromagnetism. This innovative textbook provides students with a modern view of the unity of electromagnetism by forsaking the traditional historically ordered development for a more logically ordered one. This approach involves the introduction of Maxwell's equations at the earliest opportunity to serve as the basis for everything that follows.