Managerial accounting / Carl S. Warren, James M. Reeve & Philip E. Fess.

Contents;

1. Introduction to managerial accounting and job order cost systems
The difference between managerial and financial accounting
The management accountant in the organization
Manufacturing cost terms
etc.

2. Process cost systems
Comparing job order costing and process costing
Physical flows and cost flows for a process manufacturer
The first-in, first-out method
etc.

3. Cost behavior and cost-volume-profit analysis
Cost behavior
Cost-volume-profit relationships
Mathematical approach to cost-volume-profit analysis
etc.

4. Profit reporting for management analysis
The income statement under variable costing and absorption costing
Income analysis under variable costing and absorption costing
Management's use of variable costing absorption costing
etc.

5. Budgeting
Nature and objectives of budgeting
Budgeting systems
Master budget
etc.

6. Performance evaluation using variances from standard costs
Standards
Budgetary performance evaluation
Direct materials variances
etc.

7. Performance evaluation to decentralized operations
Centralized and decentralized operations
Responsibility accounting for cost centers
Responsibility accounting for profit centers
etc.

8. Differential analysis and product pricing
Differential analysis
Setting normal product selling prices
Product profitability and pricing under production bottlenecks

9. Capital investment analysis
Nature of capital investment analysis
Methods of evaluating capital investment proposals
Factors that complicate capital investment analysis
Capital rationing

10. Cost allocation and activity-based costing
Product coating allocation methods
Single plantwide factory overhead rate method
Multiple production department factory overhead rate methods
Activity-based costing method
etc.

11. Cost management for just-in-time environment
Just-in-time principles
Applying a just-in-time approach to Anderson metal fabricators
Accounting for just-in-time operations

12. Statement of cash flow
Reporting cash flows
Statements of cashflows - the indirect method
Statements of cashflows -the direct method
etc.

13. Financial statements analysis
Basic analytical procedures
Solvency analysis
Profitability analysis
etc.

Glossary : p. G1-G6 . _ Subject index : p. I1-I9 . _ Company index : p. I10-I11.