Management Accounting, second edition, has been written to to introduce students to the vital role that managemnt accounting information plays in organizations. To day, managemnt accounting information is used for decision-making, learning, planning, and controlling activities. The information that management accouting systems produce supports the operational and strategic needs of the enterprise. Measures of the economic conditionof the entterprise-such as the cost and profitability of the organization's products, services, and customers--are available only from management accounting systems.
Employees use management accounting information to receive feedback on their performance so that they can learn from the recent past and improve for the future. Used in this way, management accouning information supports the organizations's continuous learning and improvement activities. Management accounting information measures the economic performance of decentralized operating units such as business units, divisions, and departments. It provides feedback to senior management about the units' performance and also serves as the linkage between the strategy of the orgainzation and the execution of that stratery in individual operating units.
1. Management Accounting: Information that Creates Value
2. The Organization as a system of activities
3. Cost Concetps
4. Cost Behavior
5. Basic Product Costing systems
6. Two-Stage allocations and Activity-Based Costing Systems
7. Princing and Product-Mix Decisions
8. Process and Activity Decions
9. Bugeting : Resource Allocation to Achieve Organizational
Objectives
10. Capitsl Bugeting
,etc.