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Full Description
This title focuses on developing decision-making skills to help students understand managerial concepts and improve their ability to make sound business decisions. The heavy emphasis on service and merchandising companies is unique as most traditional texts use manufacturing companies. These examples are more relevant and simplify the learning environment, making it easier for students to focus on budgeting concepts rather than procedural details.
The author team also promotes students' understanding by isolating and introducing concepts individually in decision-making contexts. This allows students to comprehend the concepts and understand how business concepts interrelate, which is a critical part of seeing the bigger picture in accounting.
Utilizing a heavy emphasis on decision-making and a unique approach to how accounting concepts are introduced will provide your students the foundational knowledge they need to succeed in the classroom and beyond!
Contents
1. Management Accounting and Corporate Governance
2. Behavior, Operating Leverage, and Profitability Analysis
3. Analysis of Cost, Volume, and Pricing to Increase Profitability
4. Cost Accumulation, Tracing, and Allocation
5. Cost Management in an Automated Business Environment: ABC, ABM, and TQM
6. Relevant Information for Special Decisions
7. Planning for Profit and Cost Control
8. Performance Evaluation
9. Responsibility Accounting
10. Planning for Capital Investments
11. Product Costing in Service and Manufacturing Entities
12. Job-Order, Process, and Hybrid Costing Systems
13. Financial Statement Analysis
14. Statement of Cash Flows
Appendix A. Accessing the EDGAR Database through the Internet
Appendix B. Big Data and Data Visualization
