Management Accounting
An Integrative Approach
Carol J. McNair-Connolly, Kenneth A. Merchant
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Management Accounting
An Integrative Approach
Carol J. McNair-Connolly, Kenneth A. Merchant
About This Book
An intuitive and straightforward introduction to management accounting In the newly revised second edition of Management Accounting: An Integrative Approach, a team of distinguished accountants and educators delivers a comprehensive and authoritative discussion of key management accounting subjects. From business planning and analysis to the measurement and evaluation of performance, estimating costs, activity-based costing, and management accounting in large, complex organizations, this book covers every critical component of a rapidly evolving and centrally important subject. This latest edition includes updated data tables, revised practice problems, corrected and simplified formulas, new???In the News??? and???Looking Back??? sections, and updated figures. It is essential reading for students of business, managerial accounting, and related subjects.
Frequently asked questions
CHAPTER ONE
Business Planning and Analysis: An Integrative Framework for Management Accounting
The culminating point of administration is to know well how much power, great or small, we ought to use in all circumstances.MONTESQUIEU1
- The World of Management: An Overview
- What Is a Manager?
- Types of Managerial Work
- The Management Process and the Role of Management Accounting
- What Is Business Planning and Analysis?
- Bpa as a Tool to Integrate Management Accounting Practices
- A Financial vs. Managerial Perspective
- The BPA Integrated Framework and Management Accounting
- The BPA Database
- The Decision Domains
- Management Accounting: Real WorldâReal Issues
- Analyzing Performance
- Management Accounting in Action
- IMA Statement of Ethical Professional Practice
- The Management Accounting Professional
- Explain the basic nature of managerial work.
- Discuss the management process and describe how management accounting supports these efforts.
- Describe how a BPA lens affects management accounting practices and how these differ from financial accounting.
- Identify the primary types of information in a management accounting database and analyze the concept of a decision domain and how it is applied to organizations.
- Illustrate how measurements influence decision making and behavior in organizations.
- Interpret the IMA Statement of Ethical Professional Practice that guides the use and presentation of information within organizations.
- Describe the various career paths open to management accounting professionals.
- An integrative framework that uses a business planning and analysis perspective to emphasize the relationship between management accounting and management decision making, control, and information.
- Three Excel-based databases that illustrate how organizations use information to complete the management accounting processes of planning, decision making, and control.
- Three industry settings (an airline, a kitchen cabinet manufacturer, and an automobile dealership) to help you understand management accounting in action.