For undergraduate and MBA courses in management accounting. Each of the text authors is both a scholar and a top consultant for Fortune 500 and smaller companies. As a result, they have a unique focus: to help students better understand management accounting topics, research, and issues from the perspective of a business manager.
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Unique in approach, this text provides a balanced, cohesive integration of management and accounting that has been noticeably missing from current texts. This book appeals to the general business student as well as the Accounting major. It teaches how a business manager uses management accounting information to solve problems and manage activities within an organization. Accounting majors aspiring to become management accountants learn how to design and operate information systems that create value for their organizations. The entire text blends contemporary theory and the latest research in management accounting with practical applications and actual company experiences.
Unique in approach, this book provides a balanced, cohesive integration of management and accounting. It teaches how a business manager uses management accounting information to solve problems and manage activities within an organization. Accounting majors aspiring to become management accountants learn how to design and operate information systems that create value for their organizations. The entire book blends contemporary theory and the latest research in management accounting with practical applications and actual company experiences. It contains many new, current company experiences and case examples that depict how actual businesses are applying the concepts discussed e.g., Microsoft's Windows '95. This book shows how managerial accounting information is used in the decision making process in manufacturing, service, and government/not-for-profit organizations. It offers a business management rather than an accounting perspective throughout, and explores managerial concerns beyond the common boundaries of product costing .Uses extensive examples drawn from real-world organizations.
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