Cost Accounting: An Introduction to management Accounting by Henry K. Mburu

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Cost Accounting: An introduction to management accounting by Henry K. Mburu

Cost Accounting: An Introduction to Management Accounting by Dr. Henry K. Mburu is a comprehensive foundational textbook designed to equip accounting students and professionals with practical knowledge of cost and management accounting. Published by Focus Publishers Ltd. in Nairobi, Kenya, the 554-page book is particularly relevant to university students and candidates pursuing professional qualifications such as CPA. The textbook provides a clear connection between traditional accounting records and the internal decision-making processes required for effective business management.

Also, It begins with fundamental concepts, including costing terminology and the identification and classification of costs, before examining the major elements of cost, namely materials, labour, and overheads. It further explores important costing techniques such as specific costing, marginal costing, and absorption costing. The book also addresses managerial decision-making through marginal costing applications and Cost-Volume-Profit (CVP) analysis.

In addition, it provides valuable guidance on budgetary planning and control, standard costing, and variance analysis. Topics such as cost bookkeeping, responsibility accounting, cost management systems, and emerging issues in management accounting broaden its practical relevance. With its structured coverage and emphasis on both theoretical principles and practical applications, the book serves as a useful reference for students, accountants, managers, and business professionals seeking to understand costs, improve financial control, and support informed organizational decision

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