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Managerial Accounting For Dummies

Managerial Accounting For Dummies

  • Author:
  • Publisher: John Wiley & Sons
  • ISBN: 9781118116425
  • Published In: March 2013
  • Format: Paperback , 360 pages
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only

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    The easy way to master a managerial accounting course

    Are you enrolled in a managerial accounting class and finding yourself struggling? Fear not! Managerial Accounting For Dummies is the go-to study guide to help you easily master the concepts of this challenging course. You'll discover the basic concepts, terminology, and methods to identify, measure, analyze, interpret, and communicate information in the pursuit of an organization's goals.

    Tracking to a typical managerial accounting course and packed with easy-to-understand explanations and real-life examples, Managerial Accounting For Dummies explores cost behavior, cost analysis, profit planning and control measures, accounting for decentralized operations, capital budgeting decisions, ethical challenges in managerial accounting, and much more.

    • Covers the key concepts and tools needed to communicate accounting information for managerial decision-making within an organization
    • Plain-English explanations of managerial accounting terminology and methods
    • Tracks to a typical college-level managerial accounting course

    Managerial Accounting For Dummies makes it fast and easy to grasp the concepts needed to score your highest in a managerial accounting course.

  • Introduction 1

    Part I: Introducing Managerial Accounting 7

    Chapter 1: The Role of Managerial Accounting 9

    Chapter 2: Using Managerial Accounting in Your Business 29

    Part II: Understanding and Managing Costs 43

    Chapter 3: Classifying Costs 45

    Chapter 4: Figuring Cost of Goods Manufactured and Sold 57

    Chapter 5: Teaching Costs to Behave: Variable and Fixed Costs 69

    Chapter 6: Allocating Overhead 89

    Chapter 7: Job Order Costing: Having It Your Way 105

    Chapter 8: Process Costing: Get In Line 121

    Part III: Using Costing Techniques for Decision-Making 145

    Chapter 9: Straight to the Bottom Line: Examining Contribution Margin 147

    Chapter 10: Capital Budgeting: Should You Buy That? 165

    Chapter 11: Reality Check: Making and Selling More than One Product 179

    Chapter 12: The Price Is Right: Knowing How Much to Charge 191

    Chapter 13: Spreading the Wealth with Transfer Prices 203

    Part IV: Planning and Budgeting 217

    Chapter 14: Master Budgets: Planning for the Future 219

    Chapter 15: Flexing Your Budget: When Plans Change 237

    Part V: Using Managerial Accounting for Evaluation and Control 245

    Chapter 16: Responsibility Accounting 247

    Chapter 17: Variance Analysis: To Tell the Truth 259

    Chapter 18: The Balanced Scorecard: Reviewing Your Business’s Report Card 279

    Chapter 19: Using the Theory of Constraints to Squeeze Out of a Tight Spot 293

    Part VI: The Part of Tens 301

    Chapter 20: Ten Key Managerial Accounting Formulas 303

    Chapter 21: Ten Careers in Managerial Accounting 311

    Chapter 22: Ten Legends of Managerial Accounting 315

    Index 319

  • Mark P. Holtzman, PhD, CPA, is Chair of the Department of Accounting and Taxation at Seton Hall University. He has taught accounting at the college level for 17 years and runs the Accountinator website at www.accountinator.com, which gives practical accounting advice to entrepreneurs.

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