Summary |
This edition of Management Accounting provides students with the necessary understanding of fundamental account concepts and tools, while simultaneously emphasizing the analysis and interpretation of information rather than its preparation. This approach enables us to teach students to think not only about “how” the accounting takes place, but also “why” that accounting takes place and how the resultant information improves the decision making process. Our approach does not rely on the extensive use of journal entries or other accounting procedures because our primary focus is on the use of accounting information by managers in organizations. Accordingly, we provide numerous business examples throughout the text of how actual companies are using managerial accounting in strategic ways to improve their business. Author also took care to maintain and improve the understandability and readability of the text.
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