Accounting for Managers: Interpreting accounting information for decision-making

SUBJECT INDEX 473

Retail, budget example, 213 – 14, 217 – 19
Retail Stores PLC (case study), 117 – 19
Return on capital employed (ROCE), 14, 85,
88
Return on investment (ROI), 6, 14, 84, 88,
160, 172, 173, 184, 189, 196 – 7,
198 – 9, 205
Revenue, 26, 105
Risk, 86, 221 – 2
Rolling budget, 207
Routing, 123, 157

Sales, 69
growth, 88
mix, 104
variances, 228 – 31
Segmental profitability, 115 – 16
Semi-fixed costs, 105
Semi-variable costs, 105 – 6
Sensitivity analysis, 107
Services, 45, 125 – 16
budget example, 210 – 12
financial services, 148
Set-up time, 125
Shareholders, 13, 14
return, 87, 89
Shareholder value, 14 – 18, 32, 78, 189, 195
shareholder value network, 16
Shareholder value added, 16
Six Sigma, 136
Skandia Navigator, 96
Social accounting –seeSocial and
environmental reporting
Social and environmental reporting, 22,
94–5
Social construction, 59
Source document, 25
Special pricing decisions, 113 – 15
Stakeholders, 4, 67
stakeholder theory, 21, 94 – 5
Standard costs, 123, 173, 175, 231
Statements of Standard Accounting
Practice (SSAP), 68, 72, 162, 169
Stern Stewart & Co., 17, 51
Stewardship, 4
Stock –seeInventory
Stock Exchange, 6, 67, 83
Stock turn, 77
Strategic business unit (SBU), 20
Strategic cost management, 49
Strategic enterprise management, 47
Strategic management accounting, 9,
47 – 9, 192

Strategy, 17 – 19, 37 – 9, 103 – 4, 181 – 2, 207

Sunk cost, 129, 144

SuperTech (case study), 119 – 20

Svenska Handelsbanken (case study),

222–3

Tableaux de bord,45

Tangible fixed assets, 70

Target costing, 134 – 5, 172, 173

Target rate of return pricing, 112, 134

Tektronix, 239–40

Theory, 247–50

Theory of Constraints (ToC), 128 – 9

Throughput contribution, 128

Time-recording system, 157

Time value of money, 186

Total quality management (TQM), 9, 46,

135 – 6, 239

Total shareholder return, 15

Toyota, 173

Trade creditors –seeCreditors

Transaction, 25 – 7

Transaction cost economics, 50, 78, 203 – 5

Transfer of Undertakings Protection of

Employment (TUPE), 144, 146

Transfer pricing, 115, 201 – 3, 205 – 6

Trojan Sales (case study), 151 – 2

True and fair view, 67

Turnover, 69

Unavoidable costs, 116

Unit contribution, 108

Unit-level activities, 169

Value-based management, 9, 14

Value chain, 121 – 2

Variable costs, 105, 109

Variable costing, 161 – 2

Variable overhead variance, 235 – 7

Variance analysis, 227 – 8, 237 – 40

Vehicle Parts Co. (case study), 138 – 9

Weighted average cost of capital –see

Capital, cost of

Work-in-progress, 123

Working capital, 31, 74 – 5, 89

ratio, 85

WorldCom, 32, 33

Yellow Book, 67, 84

Zero-based budgeting, 208