Introduction to Management Accounting

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 book remains the understanding of costs and cost behavior and the use of cost information for planning and control decisions. Examples include nonprofit, retail, wholesale, selling, and administrative situations as well as manufacturing. This general approach allows readers to relate book examples and problems to non-manufacturing businesses. The book stresses planning and control, not product costing for purposes of inventory valuation and income determination and concentrates on planning and control without dwelling on details of product costing. International examples and ethical issues are covered as well.

INTRODUCTION TO MANAGEMENT ACCOUNTING 10/E, Horngren 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 book remains the understanding of costs and cost behavior and the use of cost information for planning and control decisions. Examples include nonprofit, retail, wholesale, selling, and administrative situations as well as manufacturing. This general approach allows readers to relate book examples and problems to non-manufacturing businesses. The book stresses planning and control, not product costing for purposes of inventory valuation and income determination and concentrates on planning and control without dwelling on details of product costing. International examples and ethical issues are covered as well.