Managerial Accounting, 4th Edition

  • ISBN13:


  • ISBN10:


  • Edition: 4th
  • Format: Hardcover
  • Copyright: 2009-10-01
  • Publisher: Wiley
  • View Upgraded Edition
  • Purchase Benefits
  • Free Shipping On Orders Over $35!
    Your order must be $35 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • Get Rewarded for Ordering Your Textbooks! Enroll Now
List Price: $299.65


This resource presents the key accounting concepts that managers must know in order to make informed decisions. The fourth edition includes expanded Incremental Measurement and You Get What You Measure sections in each chapter. These hallmark features help them focus on real issues. New demo problems have been added as well to show how the concepts are applied. The end-of-chapter problems and Links to Practice sections have been revised and updated to connect the techniques to the business world. Case studies also enable managers to gain critical and applied thinking skills that are especially important in today's competitive environment.

Table of Contents

Managerial Accounting In The Information Age
Goal Of Managerial Accounting
Cost Terms Used In Discussing Planning, Control, And Decision Making
Two Key Ideas In Managerial Accounting
The Information Age And Managerial Accounting
Ethical Considerations In Managerial Decision Making
The Controller As The Top Management Accountant
Summary Of Learning Objectives
Appendix IMA Statement Of Ethical Professional Practice
Job-Order Costing For Manufacturing And Service Companies
Cost Classifications For Manufacturing Firms
Product Cost Information In Financial Reporting And Decision Making
Balance Sheet Presentation Of Product Costs
Flow Of Product Costs In Accounts
Income Statement Presentation Of Product Costs
Types Of Costing Systems
Overview Of Job Costs And Financial Statement Accounts
Job-Order Costing System
Eastlake Revisited: Using Job Cost Information
Relation Between The Costs Of Jobs And The Flow Of Costs In Work In Process, Finished Goods, And Cost Of Goods Sold
Allocating Overhead To Jobs: A Closer Look
Job-Order Costing For Service Companies
Modern Manufacturing Practices And Product Costing Systems
Summary Of Learning Objectives
Process Costing
Difference Between Job-Order And Process Costing Systems
Product And Cost Flows
Calculating Unit Cost
Calculating And Applying Cost Per Equivalent Unit: Mixing Department Example
Production Cost Report
Basic Steps In Process Costing: A Summary
Kent Chemical Revisited: Answering Stacy's Question
Dealing With Transferred-In Cost: Packaging Department Example
Process Costing And Incremental Analysis
You Get What You Measure! and Manufacturing Processes
Summary Of Learning Objectives
Cost-Volume-Profit Analysis
Common Cost Behavior Patterns
Cost Estimation Methods
Cost-Volume-Profit Analysis
Multiproduct Analysis
Assumptions In CVP Analysis
Codeconnect Example Revisited: Answering Mary's Questions
Operating Leverage
Summary Of Learning Objectives
Appendix Using Regression In Excel“ To Estimate Fixed And Variable Costs
Variable Costing
Full (Absorption) And Variable Costing
Effects Of Production On Income For Full Versus Variable Costing: The Clausentube Example
Benefits Of Variable Costing For Internal Reporting
Summary Of Learning Objectives
Cost Allocation And Activity-Based Costing
Purposes Of Cost Allocation
Process Of Cost Allocation
Allocating Service Department Costs
Problems With Cost Allocation
Activity-Based Costing
Activity-Based Management
Remember You Get What You Measure!
Summary Of Learning Objectives
Appendix Activity Based Management
The Use Of Cost Information In Management Decision Making
Incremental Analysis
Analysis Of Decisions Faced By Managers
Decisions Involving Joint Costs
Qualitative Considerations In Decision Analysis
Summary Of Learning Objectives
Appendix The Theory Of Constraints
The Five-Step Process Of TOC
Implications Of TOC For Inspections, Batch Sizes, And Across-The-Board Cuts
You Get What You Measure And TOC
Pricing Decisions, Analyzing Customer Profitability, And Activity-Based Pricing
The Profit-Maximizing Price
Pricing Special Orders
Cost-Plus Pricing
Target Costing
Analyzing Customer Profitability: Revisiting The Priced Right Office Supplies Case
Customer Profitability And Performance Measures
Activity-Based Pricing
Summary Of Learning Objectives
Capital Budgeting And Other Long-Run Decisions
Capital Budgeting Decisions
Evaluating Investment Opportunities: Time Value Of Money Approaches
Considering Soft
Benefits In Investment Decisions
Estimating The Required Rate Of Return
Additional Cash Flow Considerations
Other Long-Run Decisions
Simplified Approaches To Capital Budgeting
Conflict Between Performance Evaluation And Capital Budgeting
Wilson Air Example Revisited
Summary Of Learning Objectives
Using Excel“ To Calculate NPV And IRR
Budgetary Planning And Control
Use Of Budgets In Planning And Control
Developing The Budget
The Master Budget
Use Of Computers In The Budget Planning Process
Budgetary Control
Investigating Budget Variances
Conflict In Planning And Control Uses Of Budgets
Evaluation, Measurement, And Management Behavior
The Preston Joystick Case Revisited
Summary Of Learning Objectives
Standard Costs And Variance Analysis
Standard Costs
A General Approach To Variance Analysis
Material Variances
Direct Labor Variances
Overhead Variances
Comprehensive Example: Darrington Ice Cream
Investigation Of Standard Cost Variances
Responsibility Accounting And Variances
Summary Of Learning Objectives
Appendix Recording Standard Costs In Accounts
Decentralization And Performance Evaluation
Why Firms Decentralize
Why Companies Evaluate The Performance Of Subunits And Subunit Managers
Cost Centers, Profit Centers, And Investment Centers
Evaluating Investment Centers With ROI
Evaluation Using Economic Value Added (EVA)
Using A Balanced Scorecard To Evaluate Performance
Developing A Strategy Map For A Balanced Scorecard
Keys To A Successful Balanced Scorecard: Targets, Initiatives, Responsibility, Funding, Top Management Support
Summary Of Learning Objectives
Appendix Transfer Pricing
Market Price As The Transfer Price
Market Price And Opportunity Cost
Variable Cost As The Transfer Price
Full Cost Plus Profit As The Transfer Price
Negotiated Transfer Prices
Transfer Pricing And Income Taxes In An International Context
Statement Of Cash Flows
Need For A Statement Of Cash Flows
Types Of Business Activities And The Classification Of Cash Flows
The Statement Of Cash Flows Prepared Using The Direct Method
Preparing The Statement Of Cash Flows Using The Indirect Method
Interpreting Information In The Statement Of Cash Flows: The Situation At Ravira Restaurant Supply
Summary Of Learning Objectives
Analyzing Financial Statements: A Managerial Perspective
Why Managers Analyze Financial Statements
Horizontal And Vertical Analyses
Earnings Management And The Need To Compare Earnings And Cash-Flow Information
Other Sources Of Information On Financial Performance
Ratio Analysis
A Managerial Perspective On The Analysis Of HGW's Financial Statements
Summary Of Analyses
Summary Of Learning Objectives
Photo Credits
Table of Contents provided by Publisher. All Rights Reserved.

Rewards Program

Write a Review