About the book

Managerial ACCT, 2e, a 4LTR Press product, takes into account and integrates the inputs from discipline-specific focus groups, conversations, and surveys and presents the content in a visually engaging page layout, keeping intact the high-quality content instructors need. It adopts a persuasive visual medium and offers a balanced approach, demonstrating how to use accounting information to make business decisions. The book aims at enjoyable reading and easy attention using comprehensive pedagogical features.

Contents:

1 Introduction to Managerial Accounting

2 Understanding Financial Statements

3 Financial Statement Analysis

4 The Statement of Cash Flows

5 Product Costing: Manufacturing Processes, Cost Terminology, and Cost Flows

6 Cost Behavior

7 Job Costing, Process Costing, and Operations Costing

8 Activity-Based Costing

9 Cost-Volume-Profit Analysis

10 The Use of Budgets in Planning and Decision Making

11 Variance Analysis—A Tool for Cost Control and Performance Evaluation

12 Decentralization, Performance Evaluation, and the Balanced Scorecard

13 Relevant Costs and Product Planning Decisions

14 Long-Term (Capital Investment) DecisionsAppendix A: Time Value of Money

Appendix B: The Daily Grind

Index