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Management Accounting : Principles and Applications

Management AccountingCoombs 3/18/2005 1:07 PM Page iCoombs 3/18/2005 1:07 PM Page iiManagement AccountingPrinciples and ApplicationsHugh CoombsDavid HobbsEllis Jenkins SAGEP ublicationsLondon Thousand Oaks New DelhiCoombs 3/18/2005 1:07 PM Page iii Hugh Coombs, David Hobbs, Ellis Jenkins, 2005 First published 2005 Apart from any fair dealing for the purposes of research or privatestudy, or criticism or review, as permitted under the Copyright,Designs and Patents Act, 1988, this publication may bereproduced, stored or transmitted in any form, or by any means,only with the prior permission in writing of the publishers, or inthe case of reprographic reproduction.

Management accounting may be seen as a practical tool aimed at solving the day-to-day financial management problems facing decision makers in the private and public sectors. We feel, however, that this is too narrow a view of the potential of the subject. Accordingly, we have gone beyond this view. In this book, while we have looked at the

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