Management Accounting

An intuitive and straightforward introduction to management accounting In the newly revised second edition of Management Accounting: An Integrative Approach, a team of distinguished accountants and educators delivers a comprehensive and authoritative discussion of key management accounting subjects. From business planning and analysis to the measurement and evaluation of performance, estimating costs, activity-based costing, and management accounting in large, complex organizations, this book covers every critical component of a rapidly evolving and centrally important subject. This latest edition includes updated data tables, revised practice problems, corrected and simplified formulas, new ???In the News??? and ???Looking Back??? sections, and updated figures. It is essential reading for students of business, managerial accounting, and related subjects.

An intuitive and straightforward introduction to management accountingIn the newly revised second edition of Management Accounting: An Integrative Approach, a team of distinguished accountants and educators delivers a comprehensive and authoritative discussion of key management accounting subjects. From business planning and analysis to the measurement and evaluation of performance, estimating costs, activity-based costing, and management accounting in large, complex organizations, this book covers every critical component of a rapidly evolving and centrally important subject.This latest edition includes updated data tables, revised practice problems, corrected and simplified formulas, new ???In the News??? and ???Looking Back??? sections, and updated figures. It is essential reading for students of business, managerial accounting, and related subjects.

Chapter One Business Planning and Analysis: An Integrative Framework for Management Accounting 1Chapter Two Measuring and Evaluating Performance 41Chapter Three Defining and Using Cost Estimates 91Chapter Four Cost Pools, Capacity, and Activity- Based Costing 165Chapter Five Understanding the Management Process 217Chapter Six Planning in the Product Domain 273Chapter Seven Assessing and Improving Product Profitability 337Chapter Eight Setting Process Expectations 393Chapter Nine Evaluating and Improving Process Performance 455Chapter Ten Setting Performance Expectations at the Entity Level 503Chapter Eleven Setting Performance Expectations in Large, Complex Organizations 565Chapter Twelve Evaluating and Improving Entity Performance 625Chapter Thirteen Setting and Achieving Targets in the Customer Domain 675Chapter Fourteen Strategic Cost Management and the Value Chain Domain 725