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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.
No prior accounting or business knowledge is needed to successfully complete this book. Accounting 4/E pays very careful attention to making accounting information interesting and relevant to the reader. A number of infographics, worked-out examples, charts, and illustrations visually reinforce material. The book provides insight and step-by-step instructions on how business decision makers use financial statements and other forms of accounting information. It illustrates how to navigate through accounting resources on the web. Emphasizes topics in depth while incorporating new real company examples. For those working within accounting or considering accounting/business profession or even those owning a small business.
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