Management Accounting

by Charles T. Horngren, Gary L. Sundem, William O. Stratton

The new edition of this best-selling text continues to emphasize a decision-making approach to prepare Canadian students to be managers of accounting information. Management accounting is an essential tool that enhances a managers’ (not only accountants’) ability to make effective decisions. This text shows how accountants prepare information that is useful to managers, and demonstrates why managers in all types of organizations should have an understanding of the advantages and limitations of accounting. A strategic management theme running through the text allows students to relate management accounting decisions to a company's key success factors.   Because understanding concepts is more important than memorizing techniques Management Accounting , Fifth Canadian Edition describes both theory and common practices so you will understand how to produce information that is useful in day-to-day decision making. From the first chapter, you will be encouraged to think about why companies use various techniques, what are the pros and cons of each method and not to blindly apply the techniques.  Features such as Making Managerial Decisions boxes and Strategic Insights and Company Practices boxes bring the subject to life and clearly show you the application of the theory to real world companies and situations.      

880 pages, Hardcover

First published November 1, 1998

Reviews

[Quynh Nga · Rating 4 out of 5]

very useless