This textbook provides a practical approach to accounting for business students, covering such topics as product costing, budgets, evaluating performance, and capital investments. The second edition features new chapters on internal control, service industries, and Japanese management strategies. Annotation c. Book News, Inc., Portland, OR (booknews.com)
This book provides a realistic presentation of managerial accounting. Unlike any other text, Ingram presents managerial accounting as a key communication process for management decision making. Additionally, students learn that service-oriented as well as product-oriented organizations apply similar approaches to gain accurate, timely information. Managerial accounting is viewed throughout the book as part of multi-disciplinary management. Accountants are part of a team of interdepartmental managers working together to resolve questions of costing, pricing, and production.
