Fully covering the syllabus but without excessive detail, this book is written in clear English and uses an attractive, simple layout. With a large bank of practice questions and comprehensive solutions to help you with learning each topic, this book is an essential tool for passing your ACCA exam. This book covers everything you would expect from an exam-focused text:• The nature and purpose of cost and management accounting• Cost classification• Cost behaviour and cost estimation• Presenting information• Accounting for materials• Accounting for labour• Accounting for overheads• Accounting for costs: ledger entries• Marginal costing and absorption costing• Job costing, batch costing and service costing• Process costing• Alternative costing systems• Budgeting• Statistical techniques• Capital budgeting and discounted cash flows• Standard costing and variance analysis• Performance measurement