product title: Introduction to Management Accounting, 17th Edition

For MBA-level managerial accounting courses

In today's troubled economy, it's important to show students how managerial decisions can affect business costs. Introduction to Management Accounting helps to enhance students' ability to make effective economic decisions by encouraging them to understand the inner-workings of the concepts, rather than solely focusing on technique memorisation. Overall, this text describes both theory and common practices in a way that will help students produce information that's useful in day-to-day decision-making.

Format types

MyLab with eText = Access to the blended learning platform, merging digital content with complementary homework, tutorials, and assessments. Includes the accompanying eText.

MyLab is an innovative online learning platform to support you in your educational journey. It offers a range of interactive and personalized resources tailored to various subjects, helping you to better understand and retain course material. 

Key benefits of MyLab include immediate feedback on assignments and quizzes, allowing you to learn from your mistakes in real-time. Additionally, the platform provides a wealth of practice exercises, tutorials, and multimedia resources that cater to different learning styles.

New to this edition

• New and revised 'Business First' boxes provide insights into operations at well-known organisations, including Microsoft, General Electric, Southwest Airlines, Harley-Davidson, Nortel Networks, and Harvard University.
• New and revised chapter-opening vignettes help students understand accounting's role in current business practice. We revisit the chapter-opening company throughout the chapter so that students can see how accounting influences managers in real companies. Students will recognise many of the companies, such as Starbucks, Boeing, US Airways, McDonald's, Nike, and Dell.
• A problem in each chapter based on Nike's Form 10-K. These problems illustrate how publicly available information can lead to insights about a company, its costs, and its management decisions.
• Increased coverage of ethics, including an ethics problem in each chapter's assignment material.
• End-of-chapter material includes many new and significantly revised exercises and problems to provide fresh, new examples.

Table of contents

• I. FOCUS ON DECISION MAKING
• 1. Managerial Accounting, the Business Organization, and Professional Ethics
• 2. Introduction to Cost Behavior and Cost-Volume Relationships
• 3. Measurement of Cost Behavior
• 4. Cost Management Systems and Activity-Based Costing
• 5. Relevant Information for Decision Making with a Focus on Pricing Decisions
• 6. Relevant Information for Decision Making with a Focus on Operational Decisions
• II. ACCOUNTING FOR PLANNING AND CONTROL
• 7. Introduction to Budgets and Preparing the Master Budget
• 8. Flexible Budgets and Variance Analysis
• 9. Management Control Systems and Responsibility Accounting
• 10. Management Control in Decentralized Organizations
• III. CAPITAL BUDGETING
• 11. Capital Budgeting
• IV. PRODUCT COSTING
• 12. Cost Allocation
• 13. Accounting for Overhead Costs
• 14. Job-Costing and Process-Costing Systems
• V. BASIC FINANCIAL ACCOUNTING
• 15. Basic Accounting: Concepts, Techniques, and Conventions
• 16. Understanding Corporate Annual Reports: Basic Financial Statements
• 17. Understanding and Analyzing Consolidated Financial Statements