Table of Contents

1 The Changing Role of Managerial Accounting in a Dynamic Business Environment
2 Basic Cost Management Concepts
3 Product Costing and Cost Accumulation in a Batch Production Environment
4 Process Costing and Hybrid Product-Costing Systems
5 Activity-Based Costing and Management
6 Activity Analysis, Cost Behavior, and Cost Estimation
7 Cost-Volume-Profit Analysis
8 Variable Costing and the Costs of Quality and Sustainability
9 Financial Planning and Analysis: The Master Budget 
10 Standard Costing and Analysis of Direct Costs
11 Flexible Budgeting and Analysis of Overhead Costs
12 Responsibility Accounting, Operational Performance Measures, and the Balanced Scorecard
13 Investment Centers and Transfer Pricing 
14 Decision Making: Relevant Costs and Benefits
15 Target Costing and Cost Analysis for Pricing Decisions
16 Capital Expenditure Decisions
17 Allocation of Support Activity Costs and Joint Costs


Appendix I: The Sarbanes-Oxley Act, Internal Controls, and Management Accounting
Appendix II: Compound Interest and the Concept of Present Value
Appendix III: Inventory Management

About the Author

Ronald W. Hilton is a Professor of Accounting at Cornell University. With bachelor's and master's degrees in accounting from The Pennsylvania State University, he received his Ph.D. from The Ohio State University.