Introduction to Management Accounting

Get refreshed with Horngren/Sundem/Stratton's Introduction to Management Accounting, Twelfth Edition. This best-selling text offers a relevant, real-world decision-making approach to management accounting. Students develop a solid understanding of costs and cost behavior and the use of cost information for planning and control decisions, not just inventory valuation.
An exceptionally strong pedagogy and supplements package and flexible structure provide instructors with great latitude in choosing various combinations of breadth and depth, theory and procedures, simplicity and complexity. The Twelfth Edition now includes student-oriented real-world company examples such as Nantucket Nectars and McDonalds; new “Cognitive Exercises” and “Business First” boxes, new on-line courses and tutorial software package resources, and a new CD-ROM series, “Mastering Accounting.”

Features

• NEW—Real world companies—Including Nantucket Nectars, McDonalds, Oracle, and more are highlighted in chapter openers, chapter discussions, and also appear in the On-Location! video package.
• NEW—Software—(Available as a free download from the text website) Includes free PH Re-Enforcer tutorial software, PowerPoints, and Excel templates.
• NEW—“Take Five” Study Breaks—Appear within the chapters.
• • Encourage students to pause and apply concepts.
• NEW—“Cognitive Exercises” boxes—Provide short critical thinking exercises.
• • Helps students prepare for more complex problem and case material.
• NEW—“Business First” boxes—Provide insights into real business domestic and international issues, as well as high-tech and e-Business industries.
• NEW—Free on-line courses—Available in your choice of platforms: Standard WebCT, Blackboard, and Pearson CourseCompass.
• NEW—“Mastering Accounting” CD-ROM—Students watch professionally written, acted, and filmed videos about a fictional Internet start-up company to see how accounting concepts are related to workplace events and challenges. They then complete a variety of interactive exercises. The topics covered are all linked to the core concepts in the first-year accounting sequence. Can be packaged with the textbook for a nominal price.
• • An excellent tool for cross-functional learning and to help students see the relevance of accounting in their future.

• (NOTE: The alternate version of this text only contains chapters 1-15.)
• 1. Management Accounting and the Business Organization.
• 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 and Decision-Making: Marketing Decisions.
• 6. Relevant Information and Decision-Making: Production Decisions.
• 7. The Master Budget.
• 8. Flexible Budgets and Variance Analysis.
• 9. Management Control Systems and Responsibility Accounting.
• 10. Management Control in Decentralized Organizations.
• 11. Capital Budgeting.
• 12. Cost Allocation.
• 13. Job-Costing Systems.
• 14. Process-Costing Systems.
• 15. Overhead Application: Variable and Absorption Costing.
• 16. Basic Accounting: Concepts, Techniques, and Conventions.
• 17. Understanding Corporate Annual Reports: Basic Financial Statements
• 18. More on Understanding Corporate Annual Reports.
• 19. Difficulties in Measuring Net Income.