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Full Description
In Managerial Accounting for Managers, the authors have crafted a streamlined managerial accounting book that is perfect for nonaccounting majors who intend to move into managerial positions. The traditional Process Costing, Statement of Cash Flows, and Financial Statement Analysis chapters have been dropped to enable instructors to focus their attention on the bedrocks of managerial accounting—planning, control, and decision making. Noreen/Brewer/Montague/Garrison focuses on the fundamentals, allowing students to develop the conceptual framework managers need to succeed. The text doesn't cover journal entries or financial accounting topics so students can focus on principles of managerial accounting with a focus on decision making and analytical skills. Entrepreneur Spotlights and current business examples help students see real-world applicability and students gain a balanced coverage of business models from nonprofit, retail, service, wholesale, and manufacturing organizations.
Contents
1. Managerial Accounting and Cost Concepts
2. Cost-Volume-Profit Relationships
3. Job-Order Costing: Calculating Unit Product Costs
4. Variable Costing and Segment Reporting: Tools for Management
5. Activity-Based Costing: A Tool to Aid Decision Making
6. Differential Analysis: The Key to Decision Making
7. Capital Budgeting Decisions
8. Master Budgeting
9. Flexible Budgets and Performance Analysis
10. Standard Costs and Variances
11. Responsibility Accounting Systems
12. Strategic Performance Measurement
