Managerial Accounting Concepts for Planning, Control, Decision Making

Managerial Accounting provides a foundation for a one-term course in managerial accounting for students who have one or two terms of financial accounting. The book also serves as a reference source for students who wish to be aware of how managers use accounting information within an organization. The focus of the book is on the information needs for three essential management functions: (1) planning operations, (2) controlling activities, and (3) making decisions. The contents of Managerial Accounting address how the information can be used to assist managers in these three functions. This edition of Managerial Accounting provides relevance, balance and a continued tradition of clarity of the subject, with coverage of current topics such as the balanced scorecard, activity-based costing and management, and the theory of constraints. The topics present the varied applications of managerial accounting in not-for-profit, retail and wholesale organizations in addition to the traditional manufacturing units both large and small. In addition, the international presentations, both in the text and the problems, provide the type of geographic balance that students need in Canada's global environment.