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Management Accounting, Fifth Edition, represents state-of-the-art thinking on all of the major topics in management accounting, including activity-based management, the Balanced Sc..
TK. 1350
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Product Specification & Summary
Management Accounting, Fifth Edition, represents state-of-the-art thinking on all of the major topics in management accounting, including activity-based management, the Balanced Scorecard, target costing, value chain analysis and management. Every chapter in the new edition of Atkinson now includes an opening chapter vignette based on a real company which describes realistic business problems that can benefit from managerial accounting or analysis or approaches.
Robert S. Kaplan is considered the world's leading expert on activity-based costing and the Balanced Scorecard. For this edition, he has revised and reorganized chapter on “Activity-Based Cost Systems”. In this new edition, Kaplan, co-creator of ABC, integrates the new time-driven ABC approach with the conventional ABC approach. He has also revised Chapter on, “The Balanced Scorecard.” This is a comprehensive full chapter treatment of how to translate a strategy into a strategy map and Balanced Scorecard.
Key Feature *
New chapter-opening vignettes describe realistic business problems that can benefit from managerial accounting analysis or approaches. *
Sections focusing on relevant costing, and performance indicators of quality management, have been added. *
Detailed write-up on Life cycle costing. *
A brief note on the objectives of compensation system followed by Indian companies from a managerial control perspective. *
A special section on the differences between IGAAP and GAAP. *
A detailed write-up on the cost accounting approach in the Indian context, based on Statutory Cost Accounting Record Rules (CAAR). *
Emphasis has been provided on Activity Based Costing and its comparison to the Traditional Costing System. *
Enhanced thrust on value chains and target costing, with focus on the rationale for setting target costs and the ways and means to achieve them
Table of Contents *
1. Management Accounting: Information that Creates Value *
2. Cost Management Concepts and Cost Behavior *
3. Traditional Cost Management Systems *
4. Activity-Based Cost Systems *
5. Management Accounting Information for Activity and Process Decision *
6. Cost Information for Pricing and Product Planning. *
7. Management Accounting and Control Systems: Assessing Performance over the Value Chain. *
8. Motivating Behavior in Management Accounting and Control Systems. *
9. The Balanced Scorecard. *
10. Using Budgets to Achieve Organizational Objectives. *
11. Capital Budgeting -Long-Term Assets *
12. Financial Control.
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