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Management Accounting : Models for Decision-Making

ISBN: 9781118385142 | 1118385144
Edition: 2nd
Format: Hardcover
Publisher: John Wiley & Sons Inc
Pub. Date: 4/30/2013

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In order to effectively solve business problems, managers need to understand how managerial accounting can improve decision-making. This book lays the groundwork by presenting managerial accounting in a strategic framework. Each module examines cost estimation and planning decisions in both the short- and long-term context. Budgets are then discussed as devices that connect planning and control decisions. Within each chapter, a specific decision problem is framed in a four-step manner. Throughout the pages, Chapter Connections ties the decision problems to concepts in earlier chapters. End-of-chapter material also provides a good balance of quantitative and qualitative problems. This approach enables managers to learn the linkages among seemingly unrelated decisions.


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