book
Managerial Accounting
In the tradition of the first seven editions, Managerial Accounting, eighth edition, continues its leading - edge coverage of management accounting topics within a decision - making framework. Managerial Accounting parallels the shift in today's business world, focusing, not just "on the numbers," but on the functions of management: planning, decision making, controlling, and performance evaluation. This emphasis is apparent even in the "traditional" chapters on product costing (Chapters 13-15), a topic that accounting textbooks seldom discuss with the non-accountant in mind. Those chapters approach product costing from the standpoint of analyzing results under different costing systems, rather than concentrating on cost - accumulation procedures or the accounting problems related to those procedures. Because the book emphasizes the uses of managerial accounting information, it is appropriate not only for accounting majors but also for other business majors (marketing, management, finance, etc). It can also be used by majors in nonbusiness areas such as engineering, mathematics, and the physical sciences. The real-world examples and decision situations illustrated throughout the text and assignment material help students put information into a business perspective, rather than strictly an accounting focus.
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