Introduction to Management Accounting

by Schatzberg, Jeff O.; Burgstahler, Dave; Sundem, Gary L.; Horngren, Charles T.

• ISBN13: 9780133557824
• ISBN10: 0133557820
• Edition: 16th
• Copyright: 2014-08-28
• Publisher: Pearson

Summary

Directed primarily toward Accounting college/university majors, this text also provides practical content to current and aspiring industry professionals.

Introduction to Management Accounting helps to enhance readers’ ability to make effective economic decisions by encouraging them to understand the inner-workings of the concepts, rather than solely focusing on technique memorization. Overall, this text describes both theory and common practices in a way that will help readers produce information that’s useful in day-to-day decision-making.

 

 

Table of Contents

I. FOCUS ON DECISION MAKING
1. Managerial Accounting, the Business Organization, and Professional Ethics  
2. Introduction to Cost Behavior and Cost-Volume Relationships 
3. Measurement of Cost Behavior  
4. Cost Management Systems and Activity-Based Costing  
5. Relevant Information for Decision Making with a Focus on Pricing Decisions  
6. Relevant Information for Decision Making with a Focus on Operational Decisions 

II. ACCOUNTING FOR PLANNING AND CONTROL
7. Introduction to Budgets and Preparing the Master Budget 
8. Flexible Budgets and Variance Analysis  
9. Management Control Systems and Responsibility Accounting  
10. Management Control in Decentralized Organizations  

III. CAPITAL BUDGETING
11. Capital Budgeting  

IV. PRODUCT COSTING
12. Cost Allocation  
13. Accounting for Overhead Costs 
14.  Job-Costing and Process-Costing Systems  

V. BASIC FINANCIAL ACCOUNTING
15. Basic Accounting: Concepts, Techniques, and Conventions  
16. Understanding Corporate Annual Reports: Basic Financial Statements  
17. Understanding and Analyzing Consolidated Financial Statements