This textbook integrates traditional financial analysis with business management concepts to help managers make strategic, organizational, and operational decisions. The approach focuses on cost drivers, the value chain, and activity-based management. The third edition adds sections on the uses and evolution of activity-based costing, and the balanced scorecard and strategy implementation. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Read More
Taking a much more strategic approach, the focus, of this book, is on the full range of cost drivers within the value chain rather than on just the distinctions between product/non-product costs and unit-variable/fixed costs.Specially designed for managerial accountants, this updated edition thoroughly integrates issues that have emerged during the past ten years. By taking a value chain approach and stressing management accounting as an employee and management empowerment tool, the content is relevant, interesting, and usable for those whose primary concerns are something more than financial reporting.
Read Less