Management Accounting
Management Accounting
- ISBN 13:
9781118385142
- ISBN 10:
1118385144
- Edition: 2nd
- Format: Hardcover
- Copyright: 04/30/2013
- Publisher: John Wiley & Sons Inc
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Summary
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.