9780131422155

This reader contains over forty recent business press and academic articlesall representing state-of-the-art thinking and examples on a wide variety of management accounting topics in many types of service and manufacturing contexts. The articles parallel the contents of Management Accounting 4/e (Atkinson, et al.), but can be used with any core management and cost accounting text. Grids in the Instructor's Manual help correlate the readings to many popular texts.

Preface

v

Acknowledgments

vi

About the Author

vi

Management Accounting: Information That Creates Value

1

(12)

Be Data Literate---Know What to Know

2

(1)

P. F. Drucker

Cost/Management Accounting: The Twenty-first Century Paradigm

3

(6)

W. L. Ferrara

Management Accounting in the Era of Electronic Commerce

9

(4)

A. Kogan

E. F. Sudit

M. A. Vasarhelyi

A Framework for Management Accounting and Control Systems

13

(22)

Strategic Cost Management and the Value Chain

14

(11)

J. K. Shank

V. Govindarajan

ABC and High Technology: A Story with a Moral

25

(4)

F. H. Selto

D. W. Jasinksi

ABC and Life-Cycle Costing for Environmental Expenditures

29

(6)

J. G. Kreuze

G. E. Newell

Traditional Cost Management Systems

35

(36)

How Cost Accounting Distorts Product Costs

37

(7)

R. Cooper

R. S. Kaplan

What are the Costs of Variability?

44

(4)

H. P. Roth

T. L. Albright

The Outsourcing Decision

48

(6)

R. E. Drtina

Does Your Company Need a New Cost System?

54

(4)

R. Cooper

How Much Does That Product Really Co$t?

58

(4)

N. Raffish

The Rise and Fall of Time-Based Manufacturing

62

(3)

W. M. Baker

T. D. Fry

K. Karwan

Distinguishing Between Direct and Indirect Costs Is Crucial for Internet Companies

65

(6)

L. A. Gordon

M. P. Loeb

Activity-Based Cost Management Systems

71

(36)

Is ABC Suitable for Your Company?

73

(5)

T. L. Estrin

J. Kantor

D. Albers

Customer Profitability Analysis: Challenges and New Directions

78

(10)

G. Foster

M. Gupta

L. Sjoblom

Measuring and Managing Customer Profitability

88

(8)

R. S. Kaplan

V. G. Narayanan

ABM Lifts Bank's Bottom Line

96

(4)

R. B. Sweeny

J. W. Mays

Unbundling the Cost of Hospitalization

100

(7)

L. P. Carr

Management Accounting Information for Activity and Process Decisions

107

(32)

Accounting for Time: Reengineering Business Processes to Improve Responsiveness

108

(8)

A. F. Borthick

H. P. Roth

Designing an Information System Using Activity-Based Costing and the Theory of Constraints

116

(8)

R. Campbell

P. Brewer

T. Mills

Effective Long-Term Cost Reduction: A Strategic Perspective

124

(10)

M. D. Shields

S. M. Young

GE Takes Six Sigma Beyond the Bottom Line

134

(5)

G. T. Lucier

S. Seshadri

Cost Information for Pricing and Product Planning

139

(16)

How Manufacturers Price Products

140

(2)

E. Shim

E. F. Sudit

Activity-Based Costing for Marketing

142

(4)

R. J. Lewis

Distribution Channel Profitability

146

(4)

K. H. Manning

Formula for Success: Target Costing for Cost-Plus Pricing Companies

150

(5)

M. E. Bayou

A. Reinstein

Management Accounting and Control Systems: Assessing Performance Over the Entire Value Chain

155

(32)

Control Tomorrow's Costs Through Today's Designs

156

(6)

R. Cooper

W. B. Chew

The Use of Target Costing in Developing the Mercedes-Benz M-Class

162

(6)

T. Albright

The Elements of Supply Chain Management

168

(8)

T. Albright

S. Davis

Managerial Accounting and Environmental Compliance Costs

176

(6)

B. Hamner

C. H. Stinson

Implementing Management Innovations Successfully: Principles for Lasting Change

182

(5)

S. M. Young

Motivating Behavior in Management Accounting and Control Systems

187

(24)

The Control Function of Management

188

(9)

K. A. Merchant

Why Incentive Plans Cannot Work

197

(5)

A. Kohn

Six Dangerous Myths About Pay

202

(9)

J. Pfeffer

The Balanced Scorecard

211

(32)

Using the Balanced Scorecard as a Strategic Management System

212

(8)

R. S. Kaplan

D. P. Norton

Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part I

220

(11)

R. S. Kaplan

D. P. Norton

Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part II

231

(8)

R. S. Kaplan

D. P. Norton

Pitney Bowes Calls for New Metrics

239

(4)

M. Green

J. Garrity

A. Gumbus

B. Lyons

Using Budgets to Achieve Organizational Objectives

243

(26)

Continuous Budgeting at the HON Company

244

(3)

R. Drtina

S. Hoeger

J. Schaub

Budgeting Gamesmanship

247

(8)

C. K. Bart

Budgeting Made Easy

255

(4)

S. Hornyak

Corporate Budgeting is Broken---Let's Fix It

259

(6)

M. C. Jensen

Beyond Budgeting

265

(4)

J. Hope

R. Fraser

Capital Budgeting

269

(22)

How ABC Was Used in Capital Budgeting

270

(6)

S. Coburn

H. Grove

T. Cook

Analyzing Capital Investments in New Products

276

(6)

S. Kalagnanam

S. K. Schmidt

Using Activity-Based Management to Justify ERP Implementations

282

(9)

S. Gamster

Responsibility Centers and Financial Control

291

Transfer Pricing with ABC

292

(6)

R. S. Kaplan

D. Weiss

E. Desheh

What is EVA and How Can It Help Your Company?

298

(7)

P. A. Dierks

A. Patel

``Greening'' with EVA

305

M. J. Epstein

S. D. Young

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Although this book can be used to supplement any management or cost accounting text, the readings have been tailored to accompany Anthony Atkinson, Robert S. Kaplan, and S. Mark Young's textbook, Management Accounting, Fourth Edition(Prentice Hall, 2004). As the chapters in the fourth edition have been rearranged to some extent and a new chapter on the Balanced Scorecard (Chapter 9) added, the sequence of readings has also been adjusted to reflect these changes. To Students For each textbook chapter there is a corresponding set of readings that complements text material and introduces you to applications of the material in a wide variety of contexts. At the end of each reading, questions test your understanding of what you have read. The readings are taken from many sources including the Wall Street Journal, Strategic Finance, Journal of Cost Management, Harvard Business Review, Accounting Horizonsand others. They represent both classic and current thinking on each of the topics covered in the text. The best way to use this book is to read each assigned article in one sitting. Then, read the article a second time taking notes and asking yourself how the article extends your understanding of the text material. In some cases, your instructor may assign specific questions that follow each of the readings. Taking the time to answer these questions thoughtfully will improve your understanding of the material. I hope you find the material stimulating and thought-provoking. To Instructors Readings in Management Accounting, Fourth Edition,contains 49 articles representing state-of-the-art thinking and examples on a wide variety of management accounting topics in many types of service and manufacturing contexts. The fourth edition includes all readings from the third edition and includes nine new articles (3.7, 4.3, 5.4, 7.2, 8.3, 9.2, 9.4, 10.4, and 10.5). The suggested solutions to the questions in this book can be found in the Instructor's Manualprepared for Readings in Management Accounting.While each 'of the readings has been listed for a specific chapter, in many cases, a reading may be successfully applied to several chapters. If you have a favorite reading that is not contained in this book, please send me a copy, and I will gladly consider it for the next edition and acknowledge your contribution. Thank you very much.

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Readings in Management Accounting

Readings in Management Accounting

0131422154

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