Management Accounting, Third Canadian Edition, 3/E

Charles T. Horngren, Stanford University
Gary L. Sundem, University of Washington- Seattle
William O. Stratton, University of Southern Colorado
Howard D. Teall, Wilfrid Laurier University

Publisher: Prentice Hall Canada
Copyright: 1999
Format: Cloth; 800 pp

ISBN-10: 0139061657
ISBN-13:9780139061653

Our Price: £59.50
Status: Not Yet Published
Estimated Availability: 15 Oct 1998
New Edition Available!
New Edition
Available!

Description

This text is appropriate for one- or two-term, first and/or second courses in Managerial or Cost Accounting at both the college and university level.

The new edition of this best-selling text continues to emphasize a decision-making approach to prepare Canadian students to be managers of accounting information. It shows how accountants prepare information that is useful to managers, and demonstrates why managers in all types of organizations should have an understanding of the advantages and limitations of accounting. A strategic management theme running through the text allows students to relate management accounting decisions to a company's key success factors. It features solid cases for the introductory level and the material is reviewed by senior practicing managers in Canadian industry to ensure a real world efficacy. It has been extensively revised, with the addition of extra assignment material, new issues boxes, improved supplements, including a casebook, CBC video cases, and a Companion Web Site.
Table Of Contents

I. FOCUS ON DECISION MAKING.

 1. Perspective: Management Information and Management Decisions.

 2. Introduction to Cost Behaviour and Cost-Volume Relationships.

 3. Measurement of Cost Behaviour.

 4. Introduction to Cost Management Systems and Activity- Based Costing.

 5. Relevant Information and Special Decision Making: Marketing Decisions.

 6. Relevant Information and Decision Making: Production Decisions.

II. ACCOUNTING FOR PLANNING AND CONTROL.

 7. The Master Budget.

 8. Flexible Budgets and Standards for Control.

 9. Management Control Systems and Responsibility Accounting.

10. Management Control in Decentralized Organizations.

III. CAPITAL BUDGETING.

11. Capital Budgeting: An Introduction.

12. Capital Budgeting: Taxes and Inflation.

IV. PRODUCT COSTING AND COSTING SYSTEMS.

13. Cost Allocation and Activity-Based Costing.

14. Job-Costing Systems, Overhead Application, Service Industries.

15. Process-Costing Systems.

16. Overhead Application: Variable and Absorption Costing.

V. FINANCIAL STATEMENT ANALYSIS.

17. Understanding Financial Statements.

Appendix A: Recommended Readings.

Appendix B: Fundamentals of Compound Interest and the Use of Present Value Tables.

Company and Organization Index.

Subject Index.

Features
  • NEW - Reduced from 18 to 17 chapters with the amalgamation of the two financial statement chapters.
  • NEW - Margin notes with definitions of key words reinforce student learning.
  • NEW - Collaborative Learning Exercises at the end of each chapter promote group discussion.
  • NEW - Weblinks provide Internet addresses for research and further study.
  • NEW - Boxed features in 75% of chapters provide the latest issues and decisions from Canadian companies.
  • NEW - Problems have been revised throughout.
  • NEW - A Companion Web site features an on-line study guide, including accounting exercises with suggested answers.
  • NEW - CBC video cases add a real-world dimension to the subject matter.
  • Decision-oriented approach prepares students to be managers of accounting information rather than preparers.
  • Over 50 Canadian cases — 30 of which are from such sources as the CMA, CICA, and the CA exam, provide real-world business scenarios.
  • Emphasis on strategic management enables students to relate management accounting decisions to companies' key success factors.
  • Company Strategies boxes have been contributed by top executives in the Canadian business world.
  • International examples and emphasis on applications — including those outside the manufacturing sector — provide a well-rounded approach to the discipline.
  • Strong pedagogical features include:

    • A set of learning objectives at the beginning of each chapter.

    • Key terms with definitions (terms boldfaced in text).

    • Many chapters contain their own appendices for easy student reference.

    • “Highlights to Remember” sections summarize chapter material.

    • “Accounting Vocabulary” section appears in every chapter and provides an alphabetical listing of terms, with page references.

    • Assignment material consists of Questions (an average of 20 per chapter), Problems (22 per chapter), and Cases (4 per chapter).

    • Appendix A contains a list of recommended readings.