Managerial Accounting teaches business students how to use accounting to make better decisions and improve performance. Engaging case studies and the popular Managers Point of View boxes illustrate how concepts are applied in real world business situations. The latter add an extra dimension to your learning, as they are written by experienced practitioners of both management and accounting. With a minimum of technical language and a dedication to practical application, this popular text gives a refreshingly clear guide to management accounting.
Dedication Introduction to the book for Instructors About the authors Acknowledgements Introduction to the book for students Part 1: Foundations 1 Cost behaviour 2 The difference between profit and cash Part 2: Financial Management 3 Ratio analysis and financial management 4 Working capital management Part 3: Decision Making 5 variable costing and breakeven analysis 6 Short-term decisions using variable costing 7 Short-term decisions using relevant costing 8 Capital investment appraisal for long-term decisions Part 4: Product costing and pricing 9 Product costs using absorption costing 10 Product costs using activity-based costing 11 Comparison of profits under absorption and variable costing 12 Pricing your products 13 Divisional performance and transfer pricing Part 5: Business Performance Management 14 Budgets and their creation 15 using budgets to control operations 16 Budgets, Behaviour and Beyond Budgeting 17 Balanced Scorecards 19 Performance Management Strategies Glossary Answers to end-of-chapter questions Appendix: Not-for-Profit Organisations Index
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