Managerial Accounting

This book lays the groundwork by presenting managerial accounting in a strategic framework. Each module examines cost estimation and planning decisions in both the short- and long-term context. Budgets are then discussed as devices that connect planning and control decisions. Within each chapter, a specific decision problem is framed in a four-step manner. Throughout the pages, chapter connections ties the decision problems to concepts in earlier chapters. End-of-chapter material also provides a good balance of quantitative and qualitative problems. module i: introduction and framework. module ii: short-term planning and control: maximizing contribution. module iii: planning and control over the long term: maximizing profit. module iv: cost accounting systems.