Management/Managerial Accounting , 8th ed (Undergraduate and MBA) The managerial accounting course follows financial accounting in a two-course sequence for first and second year business majors. It is found at both two and four years schools, as well as in mBA programs. The purpose of managerial accounting is to provide managers with information useful in planning and controlling the activities of a business. It deals with internal, rather than external information. Managerial accounting reports include budgets, performance reports, and analysis of economic alternatives such as make-or-buy manaufacturing decisions. The market is segmented into traditional, transitional, and innovative text offerings. Hilton falls into the traditional to transnational market segment.



Table of Contents :



Fundamentals and Cost-Accumulation Systems

Part I. The Changing Role of Managerial Accounting in a Dynamic Business Environment

Basic Cost Management Concepts and Accounting for Mass Customization Operations

Product Costing and Cost

Accumulation in a Batch

Production Environment

Process Costing and Hybrid

Product-Costing Systems



Part II

Cost Management Systems,

Activity-Based Costing, and Activity-Based Management

Activity-Based Costing

Activity-Based Management and Cost Management Tools



Part III

Planning, Control, and Cost Management Systems

Activity Analysis, Cost Behavior, and Cost Estimation

Cost-Volume-Profit Analysis

Profit Planning, Activity-Based

Budgeting, and e-Budgeting

Standard Costing, Operational Performance Measures, and the Balanced Scorecard

Flexible Budgeting and the Management of Overhead and

Support Activity Costs

Responsibility Accounting, Quality Control, and Environmental Cost

Management

Investment Centers and Transfer Pricing



Part IV

Using Accounting Information in Decision Making

Decision Making: Relevant Costs and Benefits

Target Costing and Cost Analysis for Pricing Decisions

Capital Expenditure Decisions



Part V

Selected Topics for Further Study

Absorption, Variable, and Throughput Costing

Allocation of Support Activity Costs and Joint Costs



Appendix I: The Sarbanes-Oxley Act, Internal Controls, and Management Accounting

Appendix II: Compound Interest and the Concept of Present Value

Appendix III Inventory Management

References for ? In Their Own Words?

Glossary

Photo Credits

Index of Companies and Organizations

Index of Subjects