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TAC Construction Materials Ltd

In: Accounting Control and Financial Strategy

Author

Listed:
  • Andrew M. McCosh

    (Manchester Business School)

  • Michael J. Earl

    (Oxford Centre for Management Studies)

Abstract

This case illustrates the operation of a standard costing system in a manufacturing company. The distinctive value of the case is as an exposition of (a) how standard costs are compiled and used, and (b) how costing systems contribute to financial control. Because the case is illustrative and yet stimulates discussion, it has been found to be especially valuable to those with little previous experience of either the practice of financial control, or its theory — in particular postgraduate business students and those who have been ‘on the receiving end’, such as line managers or engineers.

Suggested Citation

  • Andrew M. McCosh & Michael J. Earl, 1979. "TAC Construction Materials Ltd," Palgrave Macmillan Books, in: Accounting Control and Financial Strategy, pages 89-94, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04018-6_16
    DOI: 10.1007/978-1-349-04018-6_16
    as

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