Record Nr.

UNINA9910150229203321

Autore

Bhimani Alnoor

Titolo

Introduction to management accounting / / Alnoor Bhimani, 4 others

Pubbl/distr/stampa


Harlow, England : , : Pearson Education, Limited, , [2012]
Â©2012

ISBN

0-273-73756-2

Edizione

[1st ed.]

Descrizione fisica

1 online resource (723 pages) : illustrations

Collana

Always learning

Disciplina

658.1511

Soggetti

Managerial accounting

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Cover -- Contents -- Guided tour of the book -- Guided tour of MyAccountingLab -- Preface -- Acknowledgements -- 1 Managerial accounting and organisations -- Starbucks -- Accounting and decision making -- Cost-benefit and behavioural considerations -- The management process and accounting -- Planning and control for product life cycles and the value chain -- Accounting's position in the organisation -- Adaptation to change -- Ethical conduct for professional accountants -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 2 Introduction to cost behaviour and cost-volume relationships -- Boeing Company -- Identifying resources, activities, costs and cost drivers -- Variable- and fixed-cost behaviour -- Cost-volume-profit analysis -- Additional uses of cost-volume analysis -- Nonprofit application -- Highlights to remember -- Appendix 2A: Sales-mix analysis -- Appendix 2B: Impact of income taxes -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 3 Measurement of cost behaviour -- Air Arabia -- Cost drivers and cost behaviour -- Management influence on cost behaviour -- Cost functions -- Methods of measuring cost functions -- Highlights to remember -- Appendix 3: Use and interpretation of least-squares regression -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 4 Cost management systems and activity-based costing -- Dell -- Cost management systems -- Cost

accounting systems -- Cost terms used for strategic decision making and operational control purposes -- Cost terms used for external reporting purposes -- Traditional and activity-based cost accounting systems -- Activity-based management: a cost management system tool -- Highlights to remember.

Appendix 4: Detailed illustration of traditional and activity-based cost accounting systems -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- HBS case study: Siemens Electric Motor Works -- 5 Relevant information for decision making with a focus on pricing decisions -- Mercadona -- The concept of relevance -- Pricing special sales orders -- Basic principles for pricing decisions -- General influences on pricing in practice -- Cost-plus pricing -- Target costing -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- HBS case study: La Grande Alliance: Restaurant Français -- 6 Relevant information for decision making with a focus on operational decisions -- Maersk Line -- Analysing relevant information: focusing on the future and differential attributes -- Make-or-buy decisions -- Deletion or addition of products, services or departments -- Optimal use of limited resources: product-mix decisions -- Joint product costs: sell or process further decisions -- Keeping or replacing equipment -- Identify irrelevant or misspecified costs -- Conflicts between decision making and performance evaluation -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 7 Introduction to budgets and preparing the master budget -- Ritz-Carlton -- Budgets and the organisation -- Types of budgets -- Preparing the master budget -- Budgets as financial planning models -- Highlights to remember -- Appendix 7: Use of spreadsheet models for sensitivity analysis -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 8 Flexible budgets and variance analysis -- McDonald's -- Using budgets and variances to evaluate results.

Isolating the causes of variances -- Flexible-budget variances in detail -- Overhead variances -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 9 Management control systems and responsibility accounting -- Diesel -- Management control systems -- Management control systems and organisational goals -- Designing management control systems -- Controllability and measurement of financial performance -- Measurement of nonfinancial performance -- The balanced scorecard -- Management control systems in service, government, and nonprofit organisations -- Future of management control systems -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Cases -- 10 Management control in decentralised organisations -- Nike -- Centralisation versus decentralisation -- Performance metrics and management control -- Measures of profitability -- Economic profit or economic value added (EVA) -- ROI or economic profit? -- A closer look at invested capital -- Transfer pricing -- Keys to successful management control systems -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- HBS case study: Empire Glass Company -- 11 Capital budgeting -- Toyota Motor Corporation -- Capital budgeting for programmes or projects -- Discounted-cash-flow models -- Sensitivity analysis and risk assessment in DCF models -- The NPV comparison of two projects --

Income taxes and capital budgeting -- Confusion about depreciation -- Other models for analysing long-range decisions -- Performance evaluation -- Highlights to remember -- Appendix 11: capital budgeting and inflation -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Cases.

12 Cost allocation -- Haier -- A general framework for cost allocation -- Allocation of service department costs -- Allocation of costs to product or service cost objects -- An ABC approach -- Allocation of costs to customer cost objects to determine customer profitability -- Allocation of central corporate support costs -- Allocation of joint costs and by-product costs -- Highlights to remember -- Appendix 12: Multistage ABC (MSABC) systems -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Cases -- 13 Accounting for overhead costs -- Dell -- Accounting for factory overhead -- Illustration of overhead application -- Problems of overhead application -- Variable versus absorption costing -- Fixed overhead and absorption costs of product -- Effect of other variances -- Highlights to remember -- Appendix 13: Comparisons of production-volume variance with other variances -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Case study -- 14 Job-order costing and process-costing systems -- Haribo -- Distinction between job-order costing and process costing -- Illustration of job costing -- Activity-based costing/management in a job-costing environment -- Job costing in service and nonprofit organisations -- Process costing basics -- Application of process costing -- Physical units and equivalent units (steps 1 and 2) -- Calculation of product costs (steps 3 to 5) -- Effects of beginning inventories -- Process costing in a JIT system: backflush costing -- Highlights to remember -- Accounting vocabulary -- Fundamental assignment material -- Additional assignment material -- Appendix A: Recommended reading -- Appendix B: Fundamentals of compound interest and the use of present-value tables -- Glossary -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N.

O -- P -- Q -- R -- S -- T -- U -- V -- W -- X -- Z -- Index -- Company name index.

Sommario/riassunto

Were you looking for the book with access to MyAccountingLab? This product is the book alone, and does NOT come with access to MyAccountingLab. Buy: Introduction to Management Accounting with MyAccountingLab access card, 1/e (ISBN 9780273770381) if you need access to the MyLab as well, and save money on this brilliant resource. Suited for a second module in management accounting, this well written and readable text provides students with a real insight into the techniques and theory of management accounting and how they can be applied in the real world. Rich in European and international examples and real-life applications, it brings technical and theoretical concepts to life. Need extra support? This product is the book alone, and does NOT come with access to MyAccountingLab. This title can be supported by MyAccountingLab, an online homework and tutorial system which can be used by students for self-directed study or fully integrated into an instructor's course. You can benefit from MyAccountingLab at a reduced price by purchasing a pack containing a copy of the book and an access card for MyAccountingLab: Introduction to Management Accounting with MyAccountingLab access card, 1/e (ISBN 9780273770381). Alternatively, buy access online at www.myxlab.com. For educator access, contact your Pearson Account Manager. To find out who your account manager is, visit www.pearsoned.co.uk/replocator &nbsp.

Record Nr.

UNINA9910689394803321

Titolo

Department of Housing and Urban Development : accompanying report of the National Performance Review / / [Vice President Al Gore]