Descripciones mejoradas de Syndetics:

This revised text is intended for undergraduate and MBA-level courses in management accounting. It has been updated to reflect changes in technology and trends.

Tabla de contenidos provista por Syndetics

• Preface(p. xxi)
• Part 1 Focus on Decision Making
• 1 Managerial Accounting and the Business Organization(p. 2)
• Chapter Opener: The Marmon Group, Inc.(p. 3)
• Accounting and Decision Making(p. 4)
• Management Accounting in Service and Nonprofit Organizations(p. 8)
• Cost-Benefit and Behavioral Considerations(p. 9)
• The Management Process and Accounting(p. 9)
• Planning and Control for Product Life Cycles and the Value Chain(p. 12)
• Accounting's Position in the Organization(p. 16)
• Career Opportunities in Managerial Accounting(p. 20)
• Adaptation to Change(p. 21)
• Importance of Ethical Conduct(p. 23)
• Ethics at General Motors(p. 25)
• Highlights to Remember(p. 26)
• Accounting Vocabulary(p. 27)
• Fundamental Assignment Material(p. 28)
• Additional Assignment Material(p. 30)
• Business First(p. 34)
• Collaborative Learning Exercise(p. 36)
• 2 Introduction to Cost Behavior and Cost-Volume Relationships(p. 38)
• Chapter Opener: Boeing Company(p. 39)
• Activities, Costs, and Cost Drivers(p. 40)
• Comparison of Variable and Fixed Costs(p. 41)
• Cost-Volume-Profit Analysis(p. 44)
• Break-Even in the Auto Industry(p. 46)
• Additional Uses of Cost-Volume Analysis(p. 54)
• Lowering the Break-Even Point(p. 56)
• Nonprofit Application(p. 56)
• Highlights to Remember(p. 58)
• Appendix 2A Sales-Mix Analysis(p. 59)
• Appendix 2B Impact of Income Taxes(p. 60)
• Accounting Vocabulary(p. 61)
• Fundamental Assignment Material(p. 62)
• Additional Assignment Material(p. 64)
• Business First(p. 73)
• Collaborative Learning Exercise(p. 78)
• 3 Measurement of Cost Behavior(p. 80)
• Chapter Opener: America West(p. 81)
• Cost Drivers and Cost Behavior(p. 82)
• Management Influence on Cost Behavior(p. 85)
• Cost Functions(p. 87)
• Activity Analysis at Hughes Aircraft Company(p. 90)
• Methods of Measuring Cost Functions(p. 91)
• Highlights to Remember(p. 100)
• Measuring Cost Behavior at Hewlett-Packard(p. 100)
• Appendix 3 Use and Interpretation of Least-Squared Regression(p. 101)
• Accounting Vocabulary(p. 105)
• Fundamental Assignment Material(p. 105)
• Additional Assignment Material(p. 107)
• Business First(p. 113)
• Collaborative Learning Exercise(p. 120)
• 4 Cost Management Systems and Activity-Based Costing(p. 122)
• Chapter Opener: ATandT(p. 123)
• Classifications of Costs(p. 125)
• Cost Accounting for Financial Reporting(p. 128)
• Cost Behavior and Income Statements(p. 132)
• Activity-Based Costing(p. 136)
• Contribution Approach and Activity-Based Costing(p. 137)
• Illustration of Activity-Based Costing(p. 137)
• Cost-Management Systems(p. 144)
• Identifying Activities, Resources, and Cost Drivers in the Health Care Industry(p. 145)
• Highlights to Remember(p. 147)
• Accounting Vocabulary(p. 148)
• Fundamental Assignment Material(p. 148)
• Additional Assignment Material(p. 151)
• Business First(p. 162)
• Collaborative Learning Exercise(p. 162)
• 5 Relevant Information and Decision Making: Marketing Decisions(p. 164)
• Chapter Opener: The Grand Canyon Railway(p. 165)
• The Concept of Relevance(p. 166)
• The Special Sales Order(p. 169)
• Deletion or Addition of Products, Services, or Departments(p. 173)
• Optimal Use of Limited Resources(p. 176)
• Pricing Decisions(p. 177)
• General Influences on Pricing in Practice(p. 180)
• Role of Costs in Pricing Decisions(p. 181)
• Target Costing(p. 186)
• Target Costing, ABC, and Service Companies(p. 189)
• Highlights to Remember(p. 191)
• Accounting Vocabulary(p. 192)
• Fundamental Assignment Material(p. 192)
• Additional Assignment Material(p. 196)
• Business First(p. 203)
• Collaborative Learning Exercise(p. 211)
• 6 Relevant Information and Decision Making: Production Decisions(p. 212)
• Chapter Opener: Starbucks Coffee Company(p. 213)
• Opportunity, Outlay, and Differential Costs(p. 214)
• Make-or-Buy Decisions(p. 216)
• Joint Product Costs(p. 218)
• An Example of Make-or-Buy: Outsourcing(p. 218)
• Irrelevance of Past Costs(p. 220)
• Sunk Costs and Government Contracts(p. 223)
• Irrelevance of Future Costs That Will Not Differ(p. 223)
• Beware of Unit Costs(p. 224)
• Conflicts Between Decision Making and Performance Evaluation(p. 224)
• Highlights to Remember(p. 228)
• Accounting Vocabulary(p. 228)
• Fundamental Assignment Material(p. 229)
• Additional Assignment Material(p. 232)
• Business First(p. 244)
• Collaborative Learning Exercise(p. 246)
• Part 2 Accounting for Planning and Control
• 7 The Master Budget(p. 248)
• Chapter Opener: Ritz-Carlton(p. 249)
• Budgets and the Organization(p. 250)
• Preparing the Master Budget(p. 254)
• Photon Sees the Light(p. 255)
• The Budgeting Process at Daihatsu(p. 261)
• Difficulties of Sales Forecasting(p. 262)
• Getting Employees to Accept the Budget(p. 263)
• Financial Planning Models(p. 264)
• Activity-Based Budgeting(p. 264)
• Highlights to Remember(p. 268)
• Appendix 7 Use of Spreadsheets for Budgeting(p. 269)
• Accounting Vocabulary(p. 272)
• Fundamental Assignment Material(p. 272)
• Additional Assignment Material(p. 274)
• Business First(p. 279)
• Collaborative Learning Exercise(p. 285)
• 8 Flexible Budgets and Variance Analysis(p. 286)
• Chapter Opener: McDonalds(p. 287)
• Flexible Budgets: Bridge Between Static Budgets and Actual Results(p. 288)
• Isolating the Causes of Variances(p. 293)
• Caterpillar Tracks Multiple Cost Systems Through Master Budget(p. 296)
• Flexible-Budget Variances in Detail(p. 299)
• Overhead Variances(p. 303)
• General Approach(p. 303)
• Highlights to Remember(p. 305)
• Accounting Vocabulary(p. 308)
• Fundamental Assignment Material(p. 308)
• Additional Assignment Material(p. 311)
• Business First(p. 315)
• Collaborative Learning Exercise(p. 323)
• 9 Management Control Systems and Responsibility Accounting(p. 326)
• Chapter Opener: Foundation Health Systems, Inc.(p. 327)
• Management Control Systems(p. 328)
• Designing Management Control Systems(p. 330)
• Controllability and Measurement of Financial Performance(p. 336)
• Nonfinancial Measures of Performance(p. 339)
• Poor Quality Nearly Short-Circuits Electronics Company(p. 340)
• Measuring the Cost of Quality(p. 343)
• Nissan Captures Top Productivity Rating 4 Years Running(p. 345)
• Management Control Systems, Service, Government, and Nonprofit Organizations(p. 346)
• Future of Management Control Systems(p. 347)
• Highlights to Remember(p. 348)
• Accounting Vocabulary(p. 350)
• Fundamental Assignment Material(p. 350)
• Additional Assignment Material(p. 354)
• Business First(p. 356)
• Collaborative Learning Exercise(p. 362)
• 10 Management Control in Decentralized Organizations(p. 364)
• Chapter Opener: Nike(p. 365)
• Centralization Versus Decentralization(p. 366)
• Decentralization in the 1990's(p. 367)
• Transfer Pricing(p. 368)
• Activity-Based Costing and Transfer Pricing(p. 370)
• Performance Measures and Management Control(p. 375)
• Measures and Profitability(p. 378)
• A Closer Look at Invested Capital(p. 382)
• Keys to Successful Management Control Systems(p. 385)
• Highlights to Remember(p. 386)
• Accounting Vocabulary(p. 388)
• Fundamental Assignment Material(p. 388)
• Additional Assignment Material(p. 392)
• Business First(p. 399)
• Collaborative Learning Exercise(p. 402)
• Part 3 Capital Budgeting
• 11 Capital Budgeting(p. 404)
• Chapter Opener: Deer Valley Lodge(p. 405)
• Capital Budgeting for Programs or Projects(p. 406)
• Discounted-Cash-Flow Models(p. 406)
• Sensitivity Analysis and Risk Assessment in DCF Models(p. 410)
• The NPV Comparison of Two Projects(p. 411)
• Income Taxes and Capital Budgeting(p. 415)
• Confusion About Depreciation(p. 423)
• Capital Budgeting and Inflation(p. 423)
• Other Models for Analyzing Long-Range Decisions(p. 426)
• Performance Evaluation(p. 428)
• Highlights to Remember(p. 429)
• Accounting Vocabulary(p. 430)
• Fundamental Assignment Material(p. 430)
• Additional Assignment Material(p. 434)
• Business First(p. 445)
• Collaborative Learning Exercises(p. 449)
• Solutions to Exercise in Compound Interest, Problem 11-A1(p. 450)
• Part 4 Product Costing
• 12 Cost Allocation and Activity-Based Costing(p. 452)
• Chapter Opener: Dell Computer Corporation(p. 453)
• Cost Allocation in General(p. 454)
• Allocation of Service Department Costs(p. 456)
• Allocation of Costs to Final Cost Objects(p. 463)
• Activity-Based Costing(p. 464)
• Activity-Based Costing at Hewlett-Packard(p. 473)
• Allocation of Joint Costs and By-Product Costs(p. 474)
• Highlights to Remember(p. 478)
• Accounting Vocabulary(p. 479)
• Fundamental Assignment Material(p. 479)
• Additional Assignment Material(p. 483)
• Business First(p. 490)
• Collaborative Learning Exercise(p. 496)
• 13 Job-Costing Systems(p. 498)
• Chapter Opener: Dell Computer Corporation(p. 499)
• Distinction Between Job Costing and Process Costing(p. 500)
• Illustration of Job Costing(p. 501)
• Accounting for Factory Overhead(p. 504)
• Illustration of Overhead Application(p. 505)
• Simplifying Product Costing at Harley-Davidson(p. 506)
• Problems of Overhead Application(p. 508)
• Activity-Based Costing/Management in a Job-Costing Environment(p. 511)
• Product Costing in Service and Nonprofit Organizations(p. 513)
• Highlights to Remember(p. 516)
• Accounting Vocabulary(p. 517)
• Fundamental Assignment Material(p. 517)
• Additional Assignment Material(p. 520)
• Business First(p. 525)
• Collaborative Learning Exercise(p. 533)
• 14 Process-Costing Systems(p. 534)
• Chapter Opener: Nally and Gibson Georgetown, Inc.(p. 535)
• Process Costing Basics(p. 536)
• Application of Process Costing(p. 539)
• Physical Units and Equivalent Units (Steps 1 and 2)(p. 540)
• Calculation of Product Costs (Steps 3 to 5)(p. 541)
• Effects of Beginning Inventories(p. 543)
• Weighted-Average Method(p. 544)
• First-In, First-Out Method(p. 544)
• Process Costing in a JIT System: Backflush Costing(p. 549)
• Highlights to Remember(p. 552)
• Appendix 14 Hybrid Systems-Operation Costing(p. 553)
• Accounting Vocabulary(p. 555)
• Fundamental Assignment Material(p. 555)
• Additional Assignment Material(p. 558)
• Business First(p. 562)
• Collaborative Learning Exercise(p. 566)
• 15 Overhead Application: Variable and Absorption Costing(p. 568)
• Chapter Opener: L.A. Darling Store Fixtures(p. 569)
• Variable Versus Absorption Costing(p. 570)
• Variable Costing at Northern Telecom(p. 575)
• Fixed Overhead and Absorption Costs of Product(p. 575)
• Effect of Other Variances(p. 582)
• Highlights to Remember(p. 586)
• Appendix 15 Comparisons of Production-Volume Variance with Other Variances(p. 587)
• Accounting Vocabulary(p. 589)
• Fundamental Assignment Material(p. 589)
• Additional Assignment Material(p. 591)
• Business First(p. 598)
• Collaborative Learning Exercises(p. 606)
• Part 5 Basic Financial Accounting
• 16 Basic Accounting: Concepts, Techniques, and Conventions(p. 610)
• Chapter Opener: Lands' End(p. 611)
• The Need for Accounting(p. 612)
• Financial Statements(p. 612)
• Accrual Basis and Cash Basis(p. 617)
• Adjustments to the Accounts(p. 618)
• Adjustment Type 1 Expiration of Unexpired Costs(p. 619)
• Adjustment Type 2 Recognition (Earning) of Unearned Revenues(p. 621)
• Adjustment Type 3 Accrual of Unrecorded Expenses(p. 623)
• Adjustment Type 4 Accrual of Unrecorded Revenues(p. 625)
• Dividends and Retained Income(p. 625)
• Preparing Financial Statements(p. 627)
• Sole Proprietorships and Partnerships(p. 628)
• Generally Accepted Accounting Principles(p. 629)
• Three Measurement Conventions(p. 631)
• Highlights to Remember(p. 634)
• Appendix 16A Additional Accounting Concepts(p. 634)
• Appendix 16B Using Ledger Accounts(p. 637)
• Accounting Vocabulary(p. 640)
• Assignment Material(p. 640)
• Fundamental Assignment Material(p. 641)
• Additional Assignment Material(p. 643)
• Business First(p. 649)
• Collaborative Learning Exercise(p. 650)
• 17 Understanding Corporate Annual Reports: Basic Financial Statements(p. 652)
• Chapter Opener: Intel Corporation(p. 653)
• Classified Balance Sheet(p. 654)
• Income Statement(p. 663)
• Statement of Retained Earnings(p. 664)
• Statement of Cash Flows(p. 665)
• Preparation of a Statement of Cash Flows: The Direct Method(p. 668)
• Preparation of a Statement of Cash Flows: The Indirect Method(p. 672)
• Highlights to Remember(p. 679)
• Appendix 17 Shareholder Reporting, Income Tax Reporting, and Deferred Taxes(p. 680)
• Accounting Vocabulary(p. 682)
• Fundamental Assignment Material(p. 682)
• Business First(p. 683)
• Additional Assignment Material(p. 685)
• Collaborative Learning Exercise(p. 695)
• 18 More on Understanding Corporate Annual Reports(p. 696)
• Chapter Opener: General Motors (GM)(p. 697)
• Part 1 Intercorporate Investments Including Consolidations(p. 698)
• Market and Equity Methods(p. 698)
• Consolidated Financial Statements(p. 699)
• Highlights to Remember: Part One(p. 710)
• Accounting Vocabulary: Part One(p. 710)
• Part 2 Analysis of Financial Statements(p. 710)
• Uses of Ratios(p. 713)
• Efficient Markets and Investor Decisions(p. 717)
• Highlights to Remember: Part Two(p. 719)
• Accounting Vocabulary: Part Two(p. 720)
• Fundamental Assignment Material(p. 720)
• Additional Assignment Material(p. 725)
• Business First(p. 731)
• Collaborative Learning Exercise(p. 734)
• 19 Difficulties in Measuring Net Income(p. 736)
• Chapter Opener: Home Depot(p. 737)
• Part 1 Principal Inventory Methods(p. 738)
• Four Major Inventory Methods(p. 738)
• Lower of Cost or Market(p. 743)
• Highlights to Remember: Part One(p. 744)
• Accounting Vocabulary: Part One(p. 745)
• Part 2 Changing Prices and Income Measurement(p. 745)
• Income or Capital(p. 746)
• Measurement Alternatives Under Inflation(p. 746)
• Historical Cost/Nominal Dollars(p. 747)
• Highlights to Remember: Part Two(p. 752)
• Accounting Vocabulary: Part Two(p. 753)
• Fundamental Assignment Material(p. 753)
• Additional Assignment Material(p. 755)
• Business First Case(p. 760)
• Collaborative Learning Exercise(p. 762)
• Appendix A(p. A1)
• Appendix B(p. A7)
• Glossary(p. G1)
• Index(p. I1)