Up-to-date textbook on the field of Managerial Accounting
Managerial Accounting: Principles, Analytics and Artificial Intelligence is a textbook that provides a comprehensive background in managerial accounting while integrating recent advances in the field, including information technology, data analytics, and artificial intelligence. The book includes useful tools like simple machine learning algorithms, generative AI, and other technologies relevant for solving managerial problems while delivering core foundational knowledge on topics like costing products, services, and support, business decision making, and operational planning, control, and evaluation. Real-world business examples from various industries are incorporated into the text to emphasize how business owners utilize accounting to make decisions and plan for the future.
Written by Joseph C. Ugrin and Amy Igou, two experienced accounting professors, this book includes ancillary materials hosted on a companion website to make a complete, ready to implement course. In this book, readers will learn about:
- Identifying, measuring, analyzing, interpreting, and communicating financial and operational information for internal decision-making
- Accounting for costs of products and services, job order costing, and cost behavior and cost-volume-profit analysis
- Planning and budgeting for operations, flexible budget and variance analysis, and performance evaluation
Covering the latest developments in the field, Managerial Accounting: Principles, Analytics and Artificial Intelligence is an excellent classroom aid for all undergraduate professors teaching Managerial Accounting and business courses.
Preface Acknowledgments About the Authors
Chapter 1: Introduction to
Managerial Accounting
Chapter 2: Accounting for the Costs of Products and
Services
Chapter 3: Job Order Costing
Chapter 4: Process Costing
Chapter 5:
Activity-based Costing
Chapter 6: Cost Behavior, the Cost Equation, and
Cost-volume-profit Analysis
Chapter 7: Relevant Data and Business
Decision-making
Chapter 8: Capital Budgeting, Planning, and Decision-making
Chapter 9: Planning and Budgeting for Business Operations
Chapter 10:
Flexible Budgeting and Variance Analysis
Chapter 11: Performance Evaluation
Appendix A: Technology Overview Appendix B: Planning and Budgeting for
Business Operations Using Spreadsheets Index Preface Acknowledgments About
the Authors
Chapter 1: Introduction to Managerial Accounting
Chapter 2:
Accounting for the Costs of Products and Services
Chapter 3: Job Order
Costing
Chapter 4: Process Costing
Chapter 5: Activity-based Costing
Chapter
6: Cost Behavior, the Cost Equation, and Cost-volume-profit Analysis
Chapter
7: Relevant Data and Business Decision-making
Chapter 8: Capital Budgeting,
Planning, and Decision-making
Chapter 9: Planning and Budgeting for Business
Operations
Chapter 10: Flexible Budgeting and Variance Analysis
Chapter 11:
Performance Evaluation Appendix A: Technology Overview Appendix B: Planning
and Budgeting for Business Operations Using Spreadsheets Index
Joseph Ugrin, PhD, CPA, is the RSM Chair of Accounting and Head of the Department of Accounting at the University of Northern Iowa. With nearly three decades of experience in teaching, research, and industry, Dr. Ugrin has published extensively on accounting and information systems, contributed to national curriculum development, and continues to serve in key editorial and professional leadership roles in accounting.
Amy Igou, PhD, CMA, is the Halverson Associate Professor of Accounting at the University of Northern Iowa. She is the author of a book and numerous journal articles on emerging technologies in business. Amy brings 19 years of corporate financial systems experience to her teaching and research.
