Management Accounting: A Decision Emphasis

The latest edition of this accounting text provides a comprehensive introduction to management accounting theory and practice. Both theory and techniques are included, and there is coverage of accounting theory, economic theory, quantitative methods, and organizational theory. The book also contains problems for manufacturing, service, and retail organizations, and for profit-oriented, not-for-profit, and governmental systems. This edition contains new material on variable standard costing, absorption costing, allocation of direct costs, long- range decisions, budgeting, and budgetary control and responsibility accounting. Other additions include matrix algebra, new material in the statistical methods appendix and on the learning curve, and many new problems.