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Accounting for Decision Making and Control

ISBN: 9780078136726 | 0078136725
Edition: 7th
Format: Hardcover
Publisher: McGraw-Hill/Irwin
Pub. Date: 1/26/2010

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SummaryTable of Contents

Accounting for Decision Making and Control provides students and managers with an understanding appreciation of the strengths and limitations of an organization’s accounting system. This book provides a framework for thinking about accounting systems and a basis for analyzing proposed changes to these systems. The Seventh Edition demonstrates that managerial accounting is an integral part of the firm’s organizational architecture, not just an isolated set of computational topics.

The purpose of this text is to provide ... MORE

Introduction
The nature of costs
Opportunity cost of capital and capital budgeting
Organizational architecture
Responsibility accounting and transfer pricing
Budgeting
Cost allocation: Theory
Cost allocation: Practices
Absorption cost system
Criticisms of absorption cost systems: Incentives to overpr... MORE
Criticisms of absorption cost systems: Inaccurate product costs
Standard costs: Direct labor and materials
Overhead and marketing variances
Management accounting in a changing environment
Table of Contents provided by Publisher. All Rights Reserved.

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