This sixth edition of Management Accounting has been redesigned and updated to provide students with a clear and structured understanding of concepts. It integrates state-of-the-art thinking on recent innovations in management accounting and spells out how measurement and management systems can be used for sustainable value creation. Though this book is primarily intended for management students, it will also be useful to practicing managers who would benefit from learning to use the techniques of management accounting to drive value in their organizations.
Table of Contents
Chapter 1. How Management Accounting Information Supports Decision Making
Chapter 2. Cost Classification and Using Cost in Decision Making
Chapter 3. Accumulating and Assigning Costs to Products
Chapter 4. Activity – Based Cost Systems
Chapter 5. Measuring and Managing Customer Relationships
Chapter 6. Measuring and Managing Process Performance
Chapter 7. Measuring and Managing Life-Cycle Costs
Chapter 8. Behavioral and Organizational Issues in Management
Accounting and Control Systems
Chapter 9. Using Budgets for Planning and Coordination
Chapter 10. The Balanced Scorecard and Strategy Map
Chapter 11. Financial Control