Introduction to management accounting

Table of Content
I. FOCUS ON DECISION MAKING
1. Managerial Accounting, the Business Organization, and Professional Ethics
2. Introduction to Cost Behavior and Cost-Volume Relationships
3. Cost Management Systems and Activity-Based Costing
4. Relevant Information for Decision Making with a Focus on Pricing Decisions
5. Relevant Information for Decision Making with a Focus on Operational Decisions
II. ACCOUNTING FOR PLANNING AND CONTROL
6. Introduction to Budgets and Preparing the Master Budget
7. Flexible Budgets and Variance Analysis
8. Management Control Systems and Responsibility Accounting
9. Management Control in Decentralized Organizations
III. CAPITAL BUDGETING
10. Capital Budgeting
IV. PRODUCT COSTING
11. Cost Allocation
12. Accounting for Overhead Costs
13. Job-Costing and Process-Costing Systems
V. BASIC FINANCIAL ACCOUNTING
14. Basic Accounting: Concepts, Techniques, and Conventions
15. Understanding Corporate Annual Reports: Basic Financial Statements
16. Understanding and Analyzing Consolidated Financial Statements

An essential tool for understanding how to make effective economic decisions.


In today's troubled economy, it's important to show students how managerial decisions can affect business costs. Introduction to Management Accounting helps to enhance students' ability to make effective economic decisions by encouraging them to understand the inner-workings of the concepts, rather than solely focusing on technique memorization. Overall, this text describes both theory and common practices in a way that will help students produce information that's useful in day-to-day decision-making.