Introduction to Management Accounting: A User Perspective"This introduction to accounting and its significant role in making sound business decisions trains readers in becoming wise users, not necessarily preparers of accounting information--a strong user-based approach that's endorsed and supported by the AECC. The authors present accounting information in a broader business context--emphasizing what accounting information is, why it is important, and how it is used to make strategic economic decisions--but still include traditional debit/credit information as optional coverage. Discussions include Management Accounting: It's Environment and Future; Classifying Costs; Determining Costs of Products; Cost Behavior; Business Decisions Using Cost Behavior; Making Decisions Using Relevant Information; The Capital Budget: Evaluating Capital Expenditures; The Operating Budget; Standard Costing; and Evaluating Performance. For practicing office professionals, accounting clerks and paraprofessionals, and staff accountants. "--Publisher's description. |
Contents
Its Environment | 5 |
Challenges and Trends in Management Accounting M14 | 14 |
Classifying Costs M19 | 20 |
Copyright | |
16 other sections not shown
Common terms and phrases
accounting rate activity-based costing allocation base amount budgeted income statement Budgeted Sales business segment capital projects cash flows cash receipts schedule common fixed costs company's contribution income statement cost behavior cost object cost of capital CVP analysis December 31 decision Depreciation direct labor cost direct labor efficiency direct labor hours direct labor rate direct material price direct material quantity Direct Material Variances Discussion Question Division employees ending work-in-process inventory estimated evaluate factory finished goods inventory finished units fixed manufacturing overhead following information high-low method investment labor efficiency standard labor efficiency variance mail boxes management accounting Manufacturing Company manufacturing overhead cost merchandise net present value number of units operating budget percent performance Prepare a Cash present value product cost rate of return regression analysis relevant cost REQUIRED RESISTOR sales budget sales forecast sold standard cost T-shirts target profit Tree Top units of product variable cost variable manufacturing overhead variance in dollars