Fundamental Managerial Accounting Concepts

by Edmonds, Thomas; Olds, Philip; Tsay, Bor-Yi

• ISBN13: 9780073527024
• ISBN10: 0073527025
• Edition: 5th
• Format: Hardcover
• Copyright: 2008-09-03
• Publisher: McGraw-Hill/Irwin

Summary

Fundamental Managerial Accounting Concepts 5e by Edmonds/Edmonds/Tsay/Olds focuses on concepts that are isolated and introduced in a logical sequence. The authors intentionally limit the scope of the material to help students build a solid foundation of the most important concepts in managerial accounting. Fundamental Managerial Accounting Concepts 5e is organized in a distinctive way, particularly in the first six chapters. The objective is to establish a coherent, integrative framework that enables students to build knowledge in stepwise fashion. The authors' goal is for students to understand the underlying principles of accounting, not just memorize content.

Table of Contents

Management Accounting and Corporate Governance

Cost Behavior, Operating Leverage, and Profitability Analysis

Analysis of Cost, Volume, and Pricing to Increase Profitability

Cost Accumulation, Tracing, and Allocation

Relevant Information for Special Decisions

Cost Management in an Automated Business Environment: ABC, ABM, and TQM

Planning for Profit and Cost Control

Performance Evaluation

Responsibility Accounting

Planning for Capital Investments

Product Costing in Service and Manufacturing Entities

Job-Order, Process, and Hybrid Cost Systems

Financial Statement Analysis

Statement of Cash Flows

Glossary

Photo Credits

Index

Table of Contents provided by Publisher. All Rights Reserved.