Introduction to Management Accounting: A User Perspective - Hardcover

Jones, Kumen H.; Werner, Michael L.

Hardcover

ISBN 10: 0130125539 ISBN 13: 9780130125538

Publisher: Pearson, 1999

Synopsis

This introduction to management accounting seeks to teach students how to be wise users, not necessarily preparers of account information―a focus endorsed and supported by the AECC. This book is designed specifically for those faculty who are looking for a user-perspective in management accounting and is an ideal companion text for Jones/Terrell/Terrell Introduction to Financial Accounting: A Users Perspective, 2/e.

About this title

Review

"This is my favorite Management Accounting text today... I find that the Werner/Jones text is perfect for my class―it provides all the material we need in a text that is easy (and almost fun!) to read." ― Mark Bettini, University of California-Berkeley

From the Back Cover

Mike Werner and Kumen Jones have crafted an exciting text designed to meet the needs of those faculty and students who are eager to embrace a user perspective in first-year accounting.

Introduction to Management Accounting: A User Perspective, Second Edition, maintains the authors' well-received user approach and places a strong emphasis on decision making. Other unique features include:

• NEW―Separate Chapter on Cost Allocation and ABC (Chapter 4).
• User-Driven Approach to Cost Behavior (Chapters 5 and 6). NEW―Section on using Microsoft Excel for charting and analyzing mixed costs (Chapter 5).
• NEW―Section in the capital budgeting chapter (Chapter 8) on using financial calculators for future value and present value calculations.
• Distinctive Presentation of the Operating Budget (Chapter 9). Part I describes the importance and uses of the operating budget and compares/contrasts various approaches to preparation. Part II shows step-by-step preparation of the budgets that comprise the operating budget and details the use of the operating budget in the overall management process.
• Unique Chapter on Evaluating Performance (Chapter 11) discusses evaluation methods; centralized and decentralized management styles; business segments; return on investment and residual income; the balanced scorecard and nonfinancial measures, such as quality, customer satisfaction, employee morale, employee safety, efficiency, and just-in-time philosophy.

Edition details

• Publisher: Pearson
• Publication date: 1999
• Language: English
• ISBN 10: 0130125539
• ISBN 13: 9780130125538
• Binding: Hardcover
• Edition number: 1
• Number of pages: 448