This text provides the basics that today's successful manager needs to know about accounting and control systems. Rather than addressing all aspects of accounting, the text provides a strong foundation upon which to build. The authors present management accounting as the map whose objective is to reflect the reality of costs. The authors pay attention to the relationship between information and the manager's job, recognizing that different functions, such as pricing or monitoring performance, require different kinds of information. The text uses tools to provide a good understanding of the basic processes and logic. In the field of management accounting that is constantly changing with technology and competitive pressures, this text teaches students how to re-examine assumptions and generally accepted practices. A familiarity with the basic processes equips future managers to determine which current accounting practices are effective and which need to be changed.
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