Updated and revised, the new fourth edition of Accounting for Managers builds on the international success of the previous editions in explaining how accounting is used by non-financial managers.
Emphasizing the interpretation rather than the construction of accounting information, Accounting for Managers encourages a critical, rather than an unthinking acceptance of accounting techniques. Whilst immensely valuable for planning, decision-making and control, users of accounting information need to recognize the assumptions behind, and the limitations of particular accounting techniques. As in the previous editions, Accounting for Managers links theory with practical examples and case studies drawn from real business situations across a wide range of manufacturing, retail and service industries.
Key Features
- Emphasizes the interpretation rather than the construction of accounting information.
- Helps readers achieve a better understanding of the role played by accounting and how it affects organizations and business units.
- Links theory with practical examples and case studies drawn from real business situations across a wide range of manufacturing, retail and service industries.
- Encourages a critical rather than an un-thinking acceptance of accounting techniques.
- Enables students to recognize the assumptiojns behind and the limitations of particular accounting techniques.
- Includes 4 readings from the accounting literature that support the most important concepts in the book.
New to this edition
- New content explaining linkages between financial and management accounting.
- Updated content on global financial crisis.
- Updated coverage of IFRS.
- Expanded treatment of ethics & CSR.
- Chapter 17 on budgetary control will be simplified.
- Includes 2010 Corporate Governance Code.
Contents
PART I Context of Accounting
- 1 Introduction to Accounting
- 2 Accounting and its Relationship to Shareholder Value and Corporate Governance
- 3 Recording Financial Transactions and the Principles of Accounting
- 4 Management Control, Accounting and its Rational-Economic Assumptions
- 5 Interpretive and Critical Perspectives on Accounting and Decision Making
PART II The Use of Financial Statements for Decision Making
- 6 Constructing Financial Statements: IFRS and the Framework of Accounting
- 7 Interpreting Financial Statements
- 8 Accounting for Inventory
PART III Using Accounting Information for Decision Making, Planning and Control
- 9 Accounting and Information Systems
- 10 Marketing Decisions
- 11 Operating Decisions
- 12 Human Resource Decisions
- 13 Overhead Allocation Decisions
- 14 Strategic Investment Decisions
- 15 Performance Evaluation of Business Units
- 16 Budgeting
- 17 Budgetary Control
- 18 Strategic Management Accounting
PART IV Supporting Information
- Introduction to the Readings
- A .Cooper and Kaplan (1988). How cost accounting distorts product costs
- B. Otley, Broadbent and Berry (1995). Research in management control: an overview of its development
- C. Covaleski, Dirsmith and Samuel (1996). Managerial accounting research: the contributions of organizational and sociological theories
- D. Dent (1991). Accounting and organizational cultures: a field study of the emergence of a new organizational reality 440
Glossary of Accounting Terms
Solutions to Questions
Index
Book Details
- Paperback: 580 pages
- Publisher: Wiley; 4 edition (February 14, 2012)
- Language: English
- ISBN-10: 1119979676
- ISBN-13: 978-1119979678
- Product Dimensions: 9.2 x 7.4 x 1.4 inches
List Price: $83.95