Management Accounting explains the contemporary role of management accounting in business and demonstrates how it creates and enhances value. This seventh edition continues to help students build a strong foundation in management accounting by showing how the theory translates into real-world application. Technical accuracy is once again a hallmark of this market-leading and trusted resource. This edition has been thoroughly updated including revisions of sustainability reporting and social responsibility, and numerous case studies of real-world practices from Australia, New Zealand and beyond. Brand new and revised end-of-chapter activities provide students with the opportunity to apply what they are learning in real-world situations. This edition combines authoritative, peer-reviewed content with superior educational technology. The pedagogical framework from the text continues inside the powerful Connect platform to provide a closely integrated learning solution. Interactive algorithmic activities with refreshable data sets provide almost unlimited opportunity for students to practice and receive immediate feedback.