Detail
Global ed.
Notes
The text covers key topics such as cost behavior and cost estimation, cost allocation, budgeting, standard costing, variance analysis, activity-based costing (ABC), cost-volume-profit analysis, performance measurement, responsibility accounting, pricing decisions, capital budgeting, and strategic cost management. It also explores the integration of managerial accounting with business strategy, risk management, quality improvement, and continuous performance enhancement in both manufacturing and service organizations operating in international markets.
Using a practical and decision-oriented approach, the book incorporates real-world examples, case studies, and analytical tools to demonstrate how managerial accounting supports operational efficiency and strategic planning in a global context. It also addresses contemporary issues, including globalization, technological innovation, sustainability, and ethical decision-making in management accounting.
