Managerial Accounting: Creating Value in a Dynamic Business Environment

Hardcover
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Author: Ronald W. Hilton

ISBN-10: 0073526924

ISBN-13: 9780073526928

Category: Managerial Accounting

The emphasis of Managerial Accounting, 8e is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton offers a clear, engaging writing style that has been praised by instructors and students...

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The emphasis of Managerial Accounting, 8e is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting and performance evaluation.

PrefacePt. 1Fundamentals and Cost Accumulation Systems1Ch. 1Managerial Accounting: An Overview3Ch. 2Basic Cost Terms and Concepts29Ch. 3Job-Order Costing Systems71Ch. 4Process Costing and Hybrid Product-Costing Systems133Ch. 5Cost Management Systems for the New Manufacturing Environment191Pt. 2Planning and Control Systems261Ch. 6Cost Behavior and Estimation263Ch. 7Cost-Volume-Profit Analysis317Ch. 8Budgeting: Profit Planning and Control Systems373Ch. 9Standard Costing and Performance Measures for the New Manufacturing Environment445Ch. 10Flexible Budgets and Control of Overhead Costs501Ch. 11Responsibility Accounting and Income Reporting553Ch. 12Investment Centers and Transfer Pricing603Pt. 3Using Accounting Information in Making Decisions649Ch. 13Decision Making: Relevant Costs and Benefits651Ch. 14Cost Analysis and Pricing Decisions717Ch. 15Capital Expenditure Decisions: An Introduction765Ch. 16Further Aspects of Capital Expenditure Decisions811Pt. 4Selected Topics for Further Study861Ch. 17Cost Allocation: A Closer Look863Ch. 18Analyzing Financial Statements895Ch. 19Preparing the Statement of Cash Flows939GlossaryG-1IndexesI-1