Accounting for Decision Making and Control
Search in google:
Accounting for Decision Making and Control provides students and managers with an understanding appreciation of the strengths and limitations of an organization’s accounting system. This book provides a framework for thinking about accounting systems and a basis for analyzing proposed changes to these systems. The Seventh Edition demonstrates that managerial accounting is an integral part of the firm’s organizational architecture, not just an isolated set of computational topics. The purpose of this text is to provide students and managers with an understanding and appreciation of the strengths and limitations of an organization’s accounting system, thereby allowing them to be more intelligent users of these systems. The main purpose proposed by the author remains in tact for the Seventh Edition.
1Introduction12The Nature of Costs253Opportunity Cost of Capital and Capital Budgeting914Organizational Architecture1435Responsibility Accounting and Transfer Pricing1816Budgeting2377Cost Allocation: Theory3118Cost Allocation: Practices3759Absorption Cost Systems42510Criticisms of Absorption Cost Systems: Incentive to Overproduce49311Criticisms of Absorption Cost Systems: Inaccurate Product Costs52112Standard Costs: Direct Labor and Materials57113Overhead and Marketing Variances60914Management Accounting in a Changing Environment649Solutions to Concept Questions703Glossary713Index723
