Management Accounting  (Paperback)

Management Accounting, Fifth Edition, represents state-of-the-art thinking on all of the major topics in management accounting, including activity-based management, the Balanced Scorecard, target costing, value chain analysis and management. Every chapter in the new edition of Atkinson now includes an opening chapter vignette based on a real company which describes realistic business problems that can benefit from managerial accounting or analysis or approaches.

Robert S. Kaplan is considered the world's leading expert on activity-based costing and the Balanced Scorecard. For this edition, he has revised and reorganized chapter on “Activity-Based Cost Systems”. In this new edition, Kaplan, co-creator of ABC, integrates the new time-driven ABC approach with the conventional ABC approach. He has also revised Chapter on, “The Balanced Scorecard.” This is a comprehensive full chapter treatment of how to translate a strategy into a strategy map and Balanced Scorecard.

Key Feature
* New chapter-opening vignettes describe realistic business problems that can benefit from managerial accounting analysis or approaches.
* Sections focusing on relevant costing, and performance indicators of quality management, have been added.
* Detailed write-up on Life cycle costing.
* A brief note on the objectives of compensation system followed by Indian companies from a managerial control perspective.
* A special section on the differences between IGAAP and GAAP.
* A detailed write-up on the cost accounting approach in the Indian context, based on Statutory Cost Accounting Record Rules (CAAR).
* Emphasis has been provided on Activity Based Costing and its comparison to the Traditional Costing System.
* Enhanced thrust on value chains and target costing, with focus on the rationale for setting target costs and the ways and means to achieve them

Table of Contents
* 1. Management Accounting: Information that Creates Value
* 2. Cost Management Concepts and Cost Behavior
* 3. Traditional Cost Management Systems
* 4. Activity-Based Cost Systems
* 5. Management Accounting Information for Activity and Process Decision
* 6. Cost Information for Pricing and Product Planning.
* 7. Management Accounting and Control Systems: Assessing Performance over the Value Chain.
* 8. Motivating Behavior in Management Accounting and Control Systems.
* 9. The Balanced Scorecard.
* 10. Using Budgets to Achieve Organizational Objectives.
* 11. Capital Budgeting -Long-Term Assets
* 12. Financial Control.