Managerial Accounting
12th Edition
9355324707
·
9789355324702
© 2024 | Published: August 23, 2023
OverviewThe 12th edition of Managerial Accounting focuses on teaching students to use accounting information to best manage an organization. Consistent with the practice Hilton pioneered in the first edition, each chapter is written around a realisti…
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1. The Crucial Role of Managerial Accounting in a Dynamic Business Environment
2. Basic Cost Management Concepts
3. Product Costing and Cost Accumulation in a Batch Production Environment
4. Process Costing and Hybrid Product-Costing Systems
5. Activity-Based Costing and Management
6. Activity Analysis, Cost Behavior, and Cost Estimation
7. Cost-Volume-Profit Analysis
8. Variable Costing and the Measurement of ESG and Quality Costs
9. Financial Planning and Analysis: The Master Budget
10. Standard Costing and Analysis of Direct Costs
11. Flexible Budgeting and Analysis of Overhead Costs
12. Responsibility Accounting and the Balanced Scorecard
13. Investment Centers and Transfer Pricing
14. Decision Making: Relevant Costs and Benefits
15. Target Costing and Cost Analysis for Pricing Decisions
16. Capital Expenditure Decisions
17. Allocation of Support Activity Costs and Joint Costs
Appendix I: The Sarbanes–Oxley Act, Internal Controls, and Management Accounting
Appendix II: Compound Interest and the Concept of Present Value
Appendix III: Inventory Management References for “In Their Own Words” Glossary Index of Companies and Organizations Index of Subjects Focus on Ethics Statement
2. Basic Cost Management Concepts
3. Product Costing and Cost Accumulation in a Batch Production Environment
4. Process Costing and Hybrid Product-Costing Systems
5. Activity-Based Costing and Management
6. Activity Analysis, Cost Behavior, and Cost Estimation
7. Cost-Volume-Profit Analysis
8. Variable Costing and the Measurement of ESG and Quality Costs
9. Financial Planning and Analysis: The Master Budget
10. Standard Costing and Analysis of Direct Costs
11. Flexible Budgeting and Analysis of Overhead Costs
12. Responsibility Accounting and the Balanced Scorecard
13. Investment Centers and Transfer Pricing
14. Decision Making: Relevant Costs and Benefits
15. Target Costing and Cost Analysis for Pricing Decisions
16. Capital Expenditure Decisions
17. Allocation of Support Activity Costs and Joint Costs
Appendix I: The Sarbanes–Oxley Act, Internal Controls, and Management Accounting
Appendix II: Compound Interest and the Concept of Present Value
Appendix III: Inventory Management References for “In Their Own Words” Glossary Index of Companies and Organizations Index of Subjects Focus on Ethics Statement
Overview
The 12th edition of Managerial Accounting focuses on teaching students to use accounting information to best manage an organization. Consistent with the practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, the book offers a clear, engaging writing style that has been praised by instructors and students alike. It offers significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting, and performance evaluation.
Key Features
• More coverage of data analytics and big data in the context of managerial accounting
• New and Updated Content and Examples. Based on user feedback, the authors now focus less on managerial v accountants per se and more on managerial accounting as a widely applicable toolset used by all managers.
• Provides a variety of thought provoking, real-world examples to focus students on managerial accounting tools and professionals as an essential part of the management process.
•The book is written in a modular format allowing topics to be covered in the order users want.
The 12th edition of Managerial Accounting focuses on teaching students to use accounting information to best manage an organization. Consistent with the practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, the book offers a clear, engaging writing style that has been praised by instructors and students alike. It offers significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting, and performance evaluation.
Key Features
• More coverage of data analytics and big data in the context of managerial accounting
• New and Updated Content and Examples. Based on user feedback, the authors now focus less on managerial v accountants per se and more on managerial accounting as a widely applicable toolset used by all managers.
• Provides a variety of thought provoking, real-world examples to focus students on managerial accounting tools and professionals as an essential part of the management process.
•The book is written in a modular format allowing topics to be covered in the order users want.
