Those who have experienced management accounting strictly in the classroom have quiet a surprise in store for them when they come into the real world. What they understood as a practical tool used in daily decision-making is in fact a constant presence in operating businesses in the long term as well as the short, and requires significant understanding of the theoretical. This introductory text covers techniques, theory and research to recognize qualitative as well as quantitative issues in cost analysis and decision making, costing products and services, planning, the control process, operational and strategic decision making, and performance management systems. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
Management Accounting: Principles and Applications adopts a new and accessible approach to helping readers understand how management accounting contributes to decisions in a variety of organizational contexts. This book sets out clear explanations of practical management accounting techniques in the context of the application of these techniques to decisions. It recognizes practice through case studies and summarizes published research. Uniquely, it examines the analytical and critical issues that often influence decision makers operating within private and public sector organizations.
