Managerial Accounting: Creating Value in a Dynamic Business by Ronald W. Hilton, David E. Platt

By Ronald W. Hilton, David E. Platt

The emphasis of Managerial Accounting, tenth edition is on instructing scholars to take advantage of accounting info to most sensible deal with a company. In a convention Hilton pioneered within the first version, every one bankruptcy is written round a pragmatic company or focus company that courses the reader throughout the issues of that bankruptcy. identified for balanced examples of carrier, Retail, Nonprofit and production businesses, Hilton/Platt deals a transparent, attractive writing kind that has been praised by way of teachers and scholars alike. As in past variants, there's major insurance of latest themes reminiscent of activity-based costing, goal costing, the price chain, buyer profitability research, and throughput costing whereas additionally together with conventional themes resembling job-order costing, budgeting and function assessment.

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Extra resources for Managerial Accounting: Creating Value in a Dynamic Business Environment, 10th Edition (Irwin Accounting)

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Deployment of Managerial Accountants in Cross-Functional Management Teams Hypothetical Planning Team for Disney’s Animal Kingdom Marketing Manager, Walt Disney Parks and Resorts Worldwide Creative Talent, Walt Disney Imagineering Operations Manager, Walt Disney World Resort Managerial Accountants, Walt Disney World Resort Hypothetical Planning Team for New Attractions at California’s Disneyland Resort Assistant General Manager, Disneyland Resort Operations Manager, Disneyland Resort Manager of Customer Relations, Walt Disney Parks and Resorts Worldwide Creative Talent, Walt Disney Imagineering Managerial Accountants, Disneyland Resort Hypothetical Decision-Making Team for a New Line of Disney Products to Be Sold at Disney Stores Marketing Manager, Disney Consumer Products Operations Manager, Disney Consumer Products Creative Talent, Walt Disney Imagineering Marketing Personnel, Disney Interactive Media Group Managerial Accountants, Disney Consumer Products Hypothetical Decision-Making Team for Hotel to Be Built near the Tokyo Disney Resort Assistant General Manager, Tokyo Disney Resort Assistant General Manager for Disney Yacht Club Resort at Walt Disney World Creative Talent, Walt Disney Imagineering Staff Lawyers, Office of the General Counsel Managerial Accountants, Walt Disney Parks and Resorts Worldwide and Tokyo Disney Resort Organization Chart “[Managerial accountants] need to be strongly partnered with the line management.

The Walt Disney Company is no exception. • • • • Disney’s management team must be concerned with the quality of the company’s business processes as well as its entertainment services. Management must continually monitor the needs of its customers and assess their level of satisfaction with the services provided. The company’s overall financial strength also must be prominent in management’s thinking. Management must ask if the company possesses the skills it needs to continually adapt as the entertainment industry changes.

P. P. P. Joint Cost Allocation in the Petroleum Industry 746 Justification of Investments in Advanced Manufacturing Technology 709 Chapter Summary 743 The Rise of Activity-Based Costing 744 Ranking Investment Projects 702 Payback Method 741 718 Appendix III: Inventory Management 774 References for “In Their Own Words” Glossary 781 784 Photo Credits 796 Index of Companies and Organizations Index of Subjects 799 797 Managerial Accounting Creating Value in a Dynamic Business Environment 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment FOCUS COMPANY >>> THIS CHAPTER’S FOCUS COMPANY is The Walt Disney Company.

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