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Full Description
This innovative new text provides both internal and external views on the importance and use of accounting information for decision making. Unlike other texts on the market, students learn about managerial and financial accounting and reporting in a holistic manner starting with a retail company. As the text progresses, students learn about the needs of internal and external reporting in a manufacturing environments. Financial and Managerial topics are fully blended in both volumes of this text.
Contents
Volume 1Measuring Business Activities. 4. Planning for Profitability. 5. Strategy, Profit Analysis, and Cost Behavior. 6. The Budgeting Process-Planning Business Activities. 7. Organizational Structure and Performance Evaluation. 8. Performance Measurement and Coordination of Multi-Divisional Organizations. 9. Corporate Financial Reporting-Operations and Financial Position. 10. Corporate Financial Reporting-Cash Flows, Financial Analysis, and Valuation. 11. Information Reliability, Risk Assessment, and Internal Control. Glossary. Index. Volume II. 12. Accounting Information Systems. 13. Revenues and Customer Relations. 14. Purchasing and Inventory Management. 15. Human Resources and Intangible Assets. 16. Producing Goods and Services: Batch Processing. 17. Producing Goods and Services: Continuous Processing. 18 Cost Allocation & Activity-Based Management. 19. Valuing Financial Resources. 20.Capital Investment Decisions. 21 Long-Term Investments to Support Business Strategy. 22. Summary and Conclusions. Glossary. Index.