By Ronald Hilton: Managerial Accounting: Creating Value in a Dynamic Business Environment Eighth (8th) Edition

The world of business is changing dramatically. As a result, the role of managerial accounting is much different than it was even a decad ago. Today, managerial accountants serve as internal business consultants, working side-by-side in cross-functional teams with managers from all areas of the organization. For a thorough understanding of managerial accounting, students should not only be able to produce accounting information, but also understand how managers are likely to use and react to the information in a range of businesses.