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.
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Intended for MBA programs, this textbook discusses the strategic management of costs and quality, methods of estimating cost driver rates, financial modeling, differential cost and revenue analysis, capital budgeting, profit variance, cost center performance evaluation, and incentive systems. The ninth edition adds managerial applications and criti
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