Management accounting : information for decision making and strategy execution / / Anthony A. Atkinson, 3 others

• Autore: Atkinson Anthony A.
• Pubblicazione: Harlow, England : , : Pearson Education, Limited, , [2012]; ©2012
• Edizione: Sixth edition.
• Descrizione fisica: 1 online resource (551 pages) : illustrations, graphs
• Disciplina: 658.1511
• Soggetto topico: Managerial accounting
• Note generali: Includes index.
• Nota di contenuto: Cover -- Contents -- Preface -- Acknowledgments -- About the Authors -- CHAPTER 1 How Management Accounting Information Supports Decision Making -- What Is Management Accounting? -- Management Accounting and Financial Accounting -- A Brief History of Management Accounting -- IN PRACTICE: Definition of Management Accounting (2008), Issued by the Institute of Management Accountants -- Strategy -- The Plan-Do-Check-Act (PDCA) Cycle -- IN PRACTICE: Company Mission Statements -- Behavioral Implications of Management Accounting Information -- Summary -- Key Terms -- Assignment Materials -- CHAPTER 2 The Balanced Scorecard and Strategy Map -- The Balanced Scorecard -- Strategy -- IN PRACTICE: Infosys Develops a Balanced Scorecard to Describe and Implement Its Strategy -- Balanced Scorecard Objectives, Measures, and Targets -- Creating a Strategy Map -- Financial Perspective -- Customer Perspective -- Process Perspective -- Learning and Growth Perspective -- Strategy Map and Balanced Scorecard at Pioneer Petroleum -- Financial Perspective -- Customer Perspective -- Process Perspective -- Learning and Growth Perspective -- Applying the Balanced Scorecard to Nonprofit and Government Organizations -- IN PRACTICE: A Balanced Scorecard for a Nonprofit Organization -- Managing with the Balanced Scorecard -- Barriers to Effective Use of the Balanced Scorecard -- Epilogue to Pioneer Petroleum -- Summary -- Key Terms -- Assignment Materials -- CHAPTER 3 Using Costs in Decision Making -- How Management Accounting Supports Internal Decision Making -- Pricing -- Product Planning -- Budgeting -- Performance Evaluation -- Contracting -- Variable and Fixed Costs -- Variable Costs -- Fixed Costs -- Cost-Volume-Profit Analysis -- Developing and Using the CVP Equation -- IN PRACTICE: Introducing Uncertainty into Cost Volume Profit Analysis -- Variations on the Theme. ; IN PRACTICE: Breakeven on a Development Project -- Financial Modeling and What-If Analysis -- IN PRACTICE: Cost-Volume-Profit Analysis -- The Multiproduct Firm -- IN PRACTICE: Estimating the Effect of Unit Sales on Share Price -- The Assumptions Underlying CVP Analysis -- Other Useful Cost Definitions -- Mixed Costs -- Step Variable Costs -- Incremental Costs -- Sunk Costs -- IN PRACTICE: Sunk Costs -- IN PRACTICE: Overcoming the Sunk Cost Effect -- IN PRACTICE: Human Behavior and Sunk Costs -- Relevant Cost -- Opportunity Cost -- Avoidable Cost -- Make-or-Buy-The Outsourcing Decision -- IN PRACTICE: Contracting Out -- Manufacturing Costs -- The Decision to Drop a Product -- IN PRACTICE: Be Wary When Labeling Departments Losers -- Costing Orders -- Costing Orders and Opportunity Cost Considerations -- Relevant Cost and Short-Term Product Mix Decisions -- Multiple Resource Constraints -- IN PRACTICE: Choosing the Least Cost Materials Mix -- Building the Linear Program -- The Graphical Approach to Solving Linear Programs -- Epilogue to Nolan Industries -- IN PRACTICE: Excel's Goal Seek and Solver -- Summary -- Key Terms -- Assignment Materials -- CHAPTER 4 Accumulating and Assigning Costs to Products -- IN PRACTICE: On the Importance of Understanding Costs in the Restaurant Business -- Cost Management Systems -- Cost Flows in Organizations -- Manufacturing Organizations -- Retail Organizations -- Service Organizations -- Some Important Cost Terms -- Cost Object -- Consumable Resources -- Capacity-Related Resources -- Direct and Indirect Costs -- IN PRACTICE: Cost Objects -- IN PRACTICE: Indirect Costs -- Cost Classification and Context -- Going Forward -- Handling Indirect Costs in a Manufacturing Environment -- Multiple Indirect Cost Pools -- Cost Pool Homogeneity -- Overhead Allocation: Further Issues -- Using Planned Capacity Cost. ; IN PRACTICE: Why Costing Matters -- Reconciling Actual and Applied Capacity Costs -- Estimating Practical Capacity -- Job Order and Process Systems -- Job Order Costing -- Process Costing -- Some Process Costing Wrinkles -- Final Comments on Process Costing -- Epilogue to Strict's Custom Framing -- Summary -- Appendix 4-1 Allocating Service Department Costs -- Key Terms -- Assignment Materials -- CHAPTER 5 Activity-Based Cost Systems -- Traditional Manufacturing Costing Systems -- Limitations of Madison's Existing Standard Cost System -- Vanilla Factory and Multiflavor Factory -- Activity-Based Costing -- Calculating Resource Capacity Cost Rates -- Calculating Resource Time Usage per Product -- Calculating Product Cost and Profitability -- Possible Actions as a Result of the More Accurate Costing -- IN PRACTICE: Using Activity-Based Costing to Increase Bank Profitability -- Measuring the Cost of Unused Resource Capacity -- Fixed Costs and Variable Costs in Activity-Based Cost Systems -- Using the ABC Model to Forecast Resource Capacity -- Updating the ABC Model -- IN PRACTICE: W.S. Industries Uses ABC Information for Continuous Improvement -- Service Companies -- Capacity Cost Rate -- Calculating the Time Equation for the Consumption of Broker's Capacity -- Implementation Issues -- Lack of Clear Business Purpose -- Lack of Senior Management Commitment -- Delegating the Project to Consultants -- Poor ABC Model Design -- Individual and Organizational Resistance to Change -- People Feel Threatened -- Epilogue to Madison Dairy -- Summary -- Appendix 5-1 Historical Origins of Activity-Based Costing -- Key Terms -- Assignment Materials -- CHAPTER 6 Measuring and Managing Customer Relationships -- Measuring Customer Profitability: Extending the Madison Dairy Case -- Reporting and Displaying Customer Profitability. ; IN PRACTICE: Building a Whale Curve of Customer Profitability -- Customer Costs in Service Companies -- Increasing Customer Profitability -- Process Improvements -- Activity-Based Pricing -- Managing Relationships -- The Pricing Waterfall -- Salesperson Incentives -- Life-Cycle Profitability -- Measuring Customer Performance with Nonfinancial Metrics -- Customer Satisfaction -- Customer Loyalty -- The Net Promoter Score -- Epilogue to Madison Dairy -- Summary -- Key Terms -- Assignment Materials -- CHAPTER 7 Measuring and Managing Process Performance -- Process Perspective and the Balanced Scorecard -- Facility Layout Systems -- Process Layouts -- Product Layouts -- IN PRACTICE: Manufacturing a CD -- Group Technology -- Inventory Costs and Processing Time -- Inventory and Processing Time -- Inventory-Related Costs -- Costs and Benefits of Changing to a New Layout: An Example Using Group Technology -- Summary of Costs and Benefits -- IN PRACTICE: History of Lean Manufacturing -- Cost of Nonconformance and Quality Issues -- Quality Standards -- Costs of Quality Control -- Just-in-Time Manufacturing -- Implications of JIT Manufacturing -- JIT Manufacturing and Management Accounting -- IN PRACTICE: Using Lean Manufacturing in a Hospital Setting -- Kaizen Costing -- Comparing Traditional Cost Reduction to Kaizen Costing -- Concerns about Kaizen Costing -- Benchmarking -- Stage 1: Internal Study and Preliminary Competitive Analyses -- Stage 2: Developing Long-Term Commitment to the Benchmarking Project and Coalescing the Benchmarking Team -- Stage 3: Identifying Benchmarking Partners -- Stage 4: Information Gathering and Sharing Methods -- Stage 5: Taking Action to Meet or Exceed the Benchmark -- IN PRACTICE: Benchmarking Mobile Web Experiences -- Epilogue to Blast from the Past Robot Company -- Production Flows -- Effects on Work-in-Process Inventory. ; Effect on Production Costs -- Cost of Rework -- Cost of Carrying Work-in-Process Inventory -- Benefits from Increased Sales -- Summary of Costs and Benefits -- Summary -- Key Terms -- Assignment Materials -- CHAPTER 8 Measuring and Managing Life-Cycle Costs -- Managing Products over Their Life Cycle -- Research, Development, and Engineering Stage -- Manufacturing Stage -- Postsale Service and Disposal Stage -- Target Costing -- A Target Costing Example -- Concerns about Target Costing -- IN PRACTICE: Target Costing and the Mercedes-Benz M-Class -- Breakeven Time: A Comprehensive Metric for New Product Development -- Innovation Measures on the Balanced Scorecard -- Market Research and Generation of New Product Ideas -- Design, Development, and Launch of New Products -- IN PRACTICE: Life-Cycle Revenues: The Case of Motion Pictures -- Environmental Costing -- Controlling Environmental Costs -- IN PRACTICE: The Cisco Take-Back and Recycle Program -- IN PRACTICE: Scientific Progress and the Reduction of Environmental Costs: The Case of Chromium in Groundwater -- Summary -- Key Terms -- Assignment Materials -- CHAPTER 9 Behavioral and Organizational Issues in Management Accounting and Control Systems -- What Are Management Accounting and Control Systems? -- The Meaning of "Control" -- Characteristics of a Well-Designed MACS -- Technical Considerations -- Behavioral Considerations -- The Human Resource Management Model of Motivation -- The Organization's Ethical Code of Conduct and MACS Design -- Avoiding Ethical Dilemmas -- Dealing with Ethical Conflicts -- IN PRACTICE: Does Cheating at Golf Lead to Cheating in Business? -- The Elements of an Effective Ethical Control System -- Steps in Making an Ethical Decision -- Motivation and Congruence -- Task and Results Control Methods -- IN PRACTICE: Monitoring in the Workplace. ; Using a Mix of Performance Measures: A Balanced Scorecard Approach.
• Sommario/riassunto: For upper level undergraduate and MBA Management Accounting courses.An approach to management accounting from the perspective of a business manager.Atkinson presents state-of-the-art thinking on all of the major topics in management accounting including activity-based management, the Balanced Scorecard, target costing, and management control system design.This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside the United States.
• Titolo autorizzato: Management accounting
• ISBN: 1-4479-3056-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910151656603321
• Lo trovi qui: Univ. Federico II