Managerial ACCT, 2e, a 4LTR Press product, takes into account and integrates the inputs from discipline-specific focus groups, conversations, and surveys and presents the content in a visually engaging page layout, keeping intact the high-quality content instructors need. It adopts a persuasive visual medium and offers a balanced approach, demonstrating how to use accounting information to make business decisions. The book aims at enjoyable reading and easy attention using comprehensive pedagogical features.
- Systematic and methodical manner of coverage of topics
- Visually appealing presentation
- Cases and caselets from Indian businesses
- Real-life examples in “Making It Real”
- Chapter review cards at the end of each chapter
- Rich pedagogical features such as
- key terms
- learning objectives
- chapter-end exercises
- Number of chapter-end exercises and cases increased to provide more practice material
- A comprehensive case, "The Daily Grind," added that covers several important issues in managerial accounting
- Topics in process costing expanded and updated
1 Introduction to Managerial Accounting
2 Understanding Financial Statements
3 Financial Statement Analysis
4 The Statement of Cash Flows
5 Product Costing: Manufacturing Processes, Cost Terminology, and Cost Flows
6 Cost Behavior
7 Job Costing, Process Costing, and Operations Costing
8 Activity-Based Costing
9 Cost-Volume-Profit Analysis
10 The Use of Budgets in Planning and Decision Making
11 Variance Analysis—A Tool for Cost Control and Performance Evaluation
12 Decentralization, Performance Evaluation, and the Balanced Scorecard
13 Relevant Costs and Product Planning Decisions
14 Long-Term (Capital Investment) DecisionsAppendix A: Time Value of Money
Appendix B: The Daily Grind
Index
Ravinder Kumar Arora
Ravinder Kumar Arora is a professor of finance and accounting at International Management Institute, New Delhi.
