Introduction to Management Accounting describes both theory and common practices so students understand how to produce information that's useful in day-to-day decision making.
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- New and revised business first boxes provide insights into operations at well-known domestic and international companies, including technology and e-commerce companies such as Reichhold Inc., DaimlerChrysler, IBM, Battelle, and EncripTix.
- New and revised chapter opening vignettes help students understand accounting's role in current business practice. We revisit the chapter opening company later in chapter discussions so students can see how accounting decisions effect real company practices.
- New making managerial decisions boxes in all chapters allow students to take what they've learned, apply this material to a real business situation, and then plot a course of action.
- New ethics problems or cases in each chapter
- Managerial Accounting, the Business Organization, and Professional Ethics
- Introduction to Cost Behavior and Cost-Volume Relationships
- Measurement of Cost Behavior
- Cost Management Systems and an Introduction to Activity-Based Costing
- Relevant Information and Decision Making With a Focus on Pricing Decisions
- Relevant Information and Decision Making: Operational Decisions
- Introduction to Budgets and Preparing the Master Budget
- Flexible Budgets and Variance Analysis
- Management Control Systems and Responsibility Accounting
- Management Control in Decentralized Organizations
- Capital Budgeting
- Cost Allocation
- Accounting for overhead costs
- Job-Costing and Process-Costing Systems
- Basic Accounting: Concepts, Techniques, and Conventions
- Understanding Corporate Annual Reports: Basic Financial Statements
- Understanding and Analyzing Consolidated Financial Statements