Introduction to Management Accounting, Chap. 1-17

Book Description
Get refreshed with Horngren/Sundem/Stratton's Introduction to Management Accounting, 13th Edition. This best-selling book offers a relevant, real-world decision-making approach to management accounting. Readers develop a solid understanding of costs and cost behavior and the use of cost information for planning and control decisions, not just inventory valuation. This book emphasizes the notion that “You need to understand the business first, before you can understand the accounting of business.” Updated to cover the most recent methods in management accounting, topics include: cost behavior, cost management systems, and activity-based costing; marketing and product decisions; the master budget; flexible budget and variance analysis; management control systems; capital budgeting; cost allocation; andjob-costing and process-costing systems; basic accounting concepts, techniques, and conventions; corporate financial reports and basic financial statements; and consolidated financial statements. An excellent reference resource for managerial accountants.

The publisher, Prentice Hall Business Publishing
This edition recognizes the current trends in management accounting and clearly presents the basic concepts and techniques. Although basic concepts in management accounting have not changed dramatically, the application of those concepts has been significantly influenced by a competitive world environment and significant changes in the cost accounting systems used by large companies and corporations. The focus of the text remains the understanding of costs and cost behavior and the use of cost information for planning and control decisions.


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Get refreshed with Horngren/Sundem/Stratton's Introduction to Management Accounting, Twelfth Edition. This best-selling book offers a relevant, real-world decision-making approach to management accounting. Readers develop a solid understanding of costs and cost behavior and the use of cost information for planning and control decisions, not just inventory valuation. The Twelfth Edition now includes user-oriented real-world company examples such as Nantucket Nectars and McDonalds; new “Cognitive Exercises” and “Business First” boxes, new on-line courses and tutorial software package resources, and a new CD-ROM series, “Mastering Accounting.” It emphasizes the notion that “You need to understand the business first, before you can understand the accounting of business.” The first part of the book focuses on decision-making in business using accounting information—which is then carried as a theme through the rest of the book. Examples are taken from nonprofit, retail, service, selling, and administrative situations as well as manufacturing.


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