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Today's First Hands-On Guidebook to Understanding the Intricacies of Management Accounting--for Improved Decision Making on Every Level.In today's highly competitive business arena, a thorough understanding of the fundamentals of management accounting has become necessary for decision-making success. Techniques of Management Accounting provides executives, managers, and finance professionals with a practical approach to understanding and implementing management accounting's three key areas: full-cost accounting, differential cost accounting, and responsibility accounting.Focusing less on line-item detail and more on real-world applicability, this clearly written and organized book provides the knowledge and insights you need to make accurate, results-oriented decisions concerning: Full cost computations; Cost behavior; Differential cost computations ; Absorption costing; Activity-based costing (ABC); Variable costing; Responsibility structure design; Programming; Operational budgeting; and Measuring and reporting on results. When senior and line managers approve financial decisions without fully understanding them, their organizations lose competitive advantage and are impeded from reaching their full potential. Techniques of Management Accounting covers every aspect of this vital area--all in the straightforward language of business instead of the all-too-often confusing and mathematically dense jargon of traditional accounting texts. «
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