Introduction to Management Accounting
Designed for undergraduate courses in management accounting, this book describes, interprets and appraises the internal accounting procedures and approaches used by accountants, and demonstrates why managers in all types of organizations should have an understanding of the advantages and limitations of accounting. This 9th edition gives expanded coverage of new cost management systems, such as activity-based accounting and just-in-time manufacturing. It also uses actual company examples, and arranges its assignment material into questions, exercises, problems and cases.
- Paperback | 864 pages
- 202 x 253mm | 1,438g
- 01 Jan 1993
- Pearson Education (US)
- Upper Saddle River, United States
- International 9 Revised ed
Table of contents
Part 1 Focus on decision making: perspective - scorekeeping, attention directing, and problem solving; introduction to cost behaviour and cost-volume relationships; variations of cost behaviour; introduction to cost systems; relevant information and special decisions. Part 2 Accounting for planning and control: the master budget - the overall plan; flexible budgets and standards for control; management control systems and responsibility accounting; management control in decentralized organizations. Part 3 Capital budgeting: capital budgeting - an introduction; capital budgeting - taxes and inflation. Part 4 Product costing: cost allocation; job-costing systems, overhead application, service industries; process costing systems; overhead application - variable and absorption costing. Part 5 Quantitative methods: quantitative techniques used in management accounting. Part 6 Basic financial accounting: basic accounting - concepts, techniques and conventions; understanding corporate annual reports - basic financial statements; more on understanding corporate annual reports; difficulties in measuring net income. Appendices: fundamentals of compound interest and the use of present value tables.