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Accounting for Decision Making and Control,9780078136726
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Accounting for Decision Making and Control

by
Edition:
7th
ISBN13:

9780078136726

ISBN10:
0078136725
Format:
Hardcover
Pub. Date:
1/26/2010
Publisher(s):
McGraw-Hill/Irwin
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Customer Reviews

Excellent Value!  June 27, 2011
by


Accounting for Decision Making and Control contains philosophy and present concept to apply to the decision making. Managerial accounting is more than journal entry and computation. There is a wealth of thought provoking problems and short cases to help promote discussion and provoke your thinking on the topics discussed in each chapter. The writing is very good and the organization of the textbook is sound and helpful. I have rented this rental textbook from ecampus; it delivered in the estimated time and in a great condition.






Accounting for Decision Making and Control: 5 out of 5 stars based on 1 user reviews.

Summary

Accounting for Decision Making and Control provides students and managers with an understanding appreciation of the strengths and limitations of an organizationís 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 firmís organizational architecture, not just an isolated set of computational topics.

The purpose of this text is to provide students and managers with an understanding and appreciation of the strengths and limitations of an organizationís accounting system, thereby allowing them to be more intelligent users of these systems. The main purpose proposed by the author remains intact for the Seventh Edition

Table of Contents

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 overproduce
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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