Business professionals that need to gain a stronger understanding of key accounting concepts will appreciate this book's approach. It focuses on the core concepts framed within the context of one company, C & C Sports and its supply chain. Through this example, they'll learn fundamentals of how a business operates along with the type of decisions that managers must make on a daily basis. Focus On mini chapters incorporate streamlined, complete coverage of certain topics. Reinforcing examples and exercises are also included to enable business professionals to assess their level of understanding before progressing to more advanced discussions.
Chapter 1. Accounting as a Tool for Management. Focus On C&C Sports. Chapter 2. Cost Behavior and Cost Estimation. Chapter 3. Cost-Volume-Profit Analysis and Pricing Decisions. Chapter 4. Product Costing for Manufacturing Companies. Focus On Process Costing. Focus On Variable and Absorption Costing. Chapter 5. Planning and Forecasting. Chapter 6. Performance Evaluation: Variance Analysis. Focus On Standard Costing Systems. Chapter 7. Activity-Based Costing and Activity-Based Management. Focus On Customer Profitability. Chapter 8. Using Accounting Information to Make Managerial Decisions. Chapter 9. Capital Budgeting. Chapter 10. Decentralization and Performance Evaluation. Chapter 11. Performance Evaluation Revisited: A Balanced Approach. Chapter 12. Financial Statement Analysis. Chapter 13. Statement of Cash Flows.