Management Accounting and Asian Perspectives

The book starts with a comparison of financial accounting and management accounting - both discussed based on the production firm PENOR Ltd. It further demonstrates accounting work in support of general management (CVP-analysis, DOL, performance measurement, risk management and M&A) as well as cost accounting (structures for absorption and marginal cost accounting systems, internal cost allocations, reporting, monitoring, manufacturing accounting/calculation, contribution margin accounting and activity based costing). The content is explained by detailed case studies. This Asia edition also includes real case studies about companies in Malaysia. All chapters outline the learning objectives, provide an overview, include case studies and how-it-is-done-paragraphs. They end with a summary, the explanation of new technical terms and a question bank with solutions for checking your learning progress. On the internet, you can find more than 300 exam tasks with solutions as well as youtube-videos from the authors.

Prof. Dr. Carsten Berkau teaches accounting at Osnabrück University UAS and in South Africa, Malaysia, South Korea and China. Other books: Basics of Accounting, Bilanzen and Financial Statements. Keabetswe Sylvia Berkau graduated in business and management at Cape Peninsula University of Technology in Cape Town majoring in accounting. She has practical experience in Management and Accounting and is native English speaker. Mohd Ridzuan is an associate professor of accounting at Faculty of Industrial Management (FIM), Universiti Malaysia Pahang (UMP). Prior to academic career, he was the Chief Accountant at the Salvation Army of Illinois, USA.