This classic text offers a balanced coverage of concepts, methods, and uses of managerial accounting with an increasingly strong emphasis on management issues. Designed for use in MBA programs, the text's conceptual approach helps students focus on concepts and managerial uses of financial information, rather than the techniques of cost accounting. Features: * Included in each chapter, 'Managerial Application' boxes feature new trends and practices in business, management, and managerial accounting * 'Problems for Self-Study' are included at the end of each chapter * A more efficient use of study time is facilitated through a new end-of-chapter 'Key Terms and Concepts' section and a new 'summary' section integrated with chapter-opening 'Learning Objectives' New to this edition: * The text has been completely updated, revised and revamped with new topics, chapters, and order of chapters to reflect new developments in management accounting. Chapters have been reordered so that managerial topics are covered before accounting topics. * More emphasis is given to managerial issues with the inclusion of new chapters on quality, nonfinancial performance measure, and incentives and compensation. * New topics include the value chain (integrated throughout), pricing decisions from a customer/marketing standpoint, and the costs of quality, target costing, and kaizen costing. * The text's focus has been expanded to include management of service activities. * Activity-based costing has been incorporated into a revised activity-based management chapter * Capital budgeting has been consolidated into a single, comprehensive chapter, emnphasizing managerial and behavioral topics not covered in finance topics not covered in finance textbooks.
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Michael W. Maher, Ph.D., is Professor of Management and Accounting and Associate Dean for Faculty at the Graduate School of Management at the University of California, Davis. He received his bachelor's degree in accounting from Gonzaga University and his MBA and Ph.D. from the University of Washington (Seattle). He has experience in public accounting, has co-managed his own business, and consulted with numerous companies and governmental bodies. Dr. Maher is active in the Management Accounting Section of the American Accounting Association, including service as president. He has co-authored numerous books and published articles in numerous journals.
Clyde P. Stickney is the Signal Companies' Professor of Management, Emeritus at the Amos Tuck School of Business Administration, Dartmouth College. He received his DBA from Florida State University and taught at the University of Chicago and the University of North Carolina at Chapel Hill before joining the Tuck School in 1977. He has also taught at business schools in Japan, Australia, Finland, and Germany. Prof. Stickney has authored and coauthored books on financial accounting, managerial accounting, and financial statement analysis.
Roman L. Weil, Ph.D., CPA, is the V. Duane Rath Professor Emeritus of Accounting at the University of Chicago and has within recent years been Visiting Professor at the Haas School of the University of California, Berkeley; Carnegie Mellon University; Harvard Law School; Princeton University; and New York University. He has designed and implemented continuing education programs for partners at two of the large accounting firms and for employees at several operating corporations. Dr. Weil has co-authored dozens of books. His lay articles have appeared in Barron's and The Wall Street Journal. He has published more than 80 articles in academic and professional journals, most recently on financial literacy for corporate governance and on the exposure of wine snobbery.
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