Synopses & Reviews
This classic text for MBA programs offers balanced coverage of concepts, methods, and uses of managerial accounting with an increasingly strong emphasis on management decision-making. This approach helps focus on concepts and managerial uses of financial information rather than techniques of cost accounting. The current edition emphasizes international issues, strategic effects of decisions, ethics, and new management accounting trends. Also emphasized are process improvement, integration of financial reporting issues for management decision-making, and application of managerial accounting tools to the emerging service sector, government, and nonprofits in examples and problem material.
Synopsis
Master the concepts and managerial uses of financial information with MANAGERIAL ACCOUNTING! Emphasizing international trends, strategic effects of decisions, ethics, and new management accounting trends, this text provides all the tools you need to be successful in this course. Studying is made easy with end-of-chapter key terms and concepts, summaries, problems for self-study, and managerial accounting boxes that feature new trends and practices in managerial accounting to help you apply key concepts.
About the Author
Michael W. Maher, Ph.D., is Professor of Management and Accounting and Associate Dean for Faculty at the Graduate School of Management at the University of California, Davis. He received his bachelor's degree in accounting from Gonzaga University and his MBA and Ph.D. from the University of Washington (Seattle). He has experience in public accounting, has co-managed his own business, and consulted with numerous companies and governmental bodies. Dr. Maher is active in the Management Accounting Section of the American Accounting Association, including service as president. He has co-authored numerous books and published articles in numerous journals.Clyde P. Stickney is the Signal Companies' Professor of Management, Emeritus at the Amos Tuck School of Business Administration, Dartmouth College. He received his DBA from Florida State University and taught at the University of Chicago and the University of North Carolina at Chapel Hill before joining the Tuck School in 1977. He has also taught at business schools in Japan, Australia, Finland, and Germany. Prof. Stickney has authored and coauthored books on financial accounting, managerial accounting, and financial statement analysis.Roman L. Weil, Ph.D., CPA, is the V. Duane Rath Professor Emeritus of Accounting at the University of Chicago and has within recent years been Visiting Professor at the Haas School of the University of California, Berkeley; Carnegie Mellon University; Harvard Law School; Princeton University; and New York University. He has designed and implemented continuing education programs for partners at two of the large accounting firms and for employees at several operating corporations. Dr. Weil has co-authored dozens of books. His lay articles have appeared in Barron's and The Wall Street Journal. He has published more than 80 articles in academic and professional journals, most recently on financial literacy for corporate governance and on the exposure of wine snobbery.
Table of Contents
Dedication Page Preface Brief Contents Contents PART 1. OVERVIEW AND BASIC CONCEPTS 1. Fundamental Concepts 2. Measuring Product Costs 3. Activity-Based Management PART 2. MANAGERIAL DECISION MAKING 4. Strategic Management of Costs, Quality, and Time 5. Cost Drivers and Cost Behavior 6. Financial Modeling for Short-Term Decision Making 7. Differential Cost Analysis for Operating Decisions 8. Capital Expenditure Decisions PART 3. MOTIVATING MANAGERS TO MAKE GOOD DECISIONS 9. Profit Planning and Budgeting 10. Profit and Cost Center Performance Evaluation 11. Investment Center Performance Evaluation 12. Incentive Issues 13. Allocating Costs to Responsibility Centers Appendix. Compound Interest Examples and Applications Compound Interest and Annuity Tables Glossary Index