Managerial Accounting

Description

Now in its third edition, Balakrishnan’s text builds on its highly successful integrated framework approach. Students are exposed to the driving principles of managerial accounting through careful explanations and current examples. From there, the authors carefully link up each of the principles to the “bigger picture,” and by tying the two together, students garner a deeper understanding of the materials. Another outstanding feature of the book is its continued emphasis on how to use accounting information in the decision-making process. With more data available than ever before, students need to know how to approach, break down, and use what is relevant when making the best choices.

Additional coverage and benefits include the following:

• A careful blend of service and manufacturing sectors, including the coverage in the text and in end-of-chapter materials
• An approach, layout, and writing style that focus on drawing students into the material
• A format designed for flexibility and different teaching styles
• A complete package of supplements and teaching materials

Ramji Balakrishnan is the Ernst and Young Professor of Accounting at the University of Iowa. Dr. Balakrishnan has a B.Sc. in Statistics from the University of Madras in 1977, an MBA from the Indian Institute of Management, Ahmedabad in 1979, and a Ph.D. from Columbia University in 1986. He is a Certified Management Accountant and a recipient of the Robert Beyer Bronze Medal. He joined the University of Iowa in 1986 and has been there since except for a year at Georgia State University. A top-rated teacher and researcher, Dr. Balakrishnan has published his research in premier journals such as The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Management Science, Journal of Management Accounting Research and Accounting Horizons. Along with Dr. Sivaramakrishnan, he won the 2003 Best Paper award for notable contribution to the management accounting literature. His works also have been recognized as having the “Greatest Impact on Practice.” Dr. Balakrishnan serves on several editorial boards and has served as Associate Editor, and Editor. He has taught managerial accounting at the undergraduate, graduate, and doctoral levels, and has published several teaching cases. He has won several awards for teaching excellence.

Konduru “Shiva” Sivaramakrishnan is currently a Professor and Henry Gardiner Symonds Professor of Accounting at the Jones Graduate School of Business, Rice University. He received his BTech in Engineering from the Indian Institute of Technology, Madras in 1977, an MBA from Xavier Institute, Jamshedpur, India, in 1982, and a Ph.D. in Accounting and Information Systems from the Kellogg Graduate School of Management at Northwestern University in 1989. Prior to his current position, he was a tenured Associate Professor at the Graduate School of Industrial Administration, Carnegie Mellon University, Professor and Philip Ljungdahl Chair in Accounting at Texas A&M University, and Professor and C.T. Bauer Endowed Chair in Accounting at the C.T. Bauer College of Business, University of Houston. Dr. Sivaramakrishnan has significant research and teaching accomplishments. His research has appeared in premier journals such as The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Management Science, Journal of Management Accounting Research, Accounting Horizons, Journal of Accounting and Economics, and Review of Financial Studies. Along with Dr. Ramji Balakrishnan, he won the 2003 Best Paper award for notable contribution to the management accounting literature. Shiva serves on several editorial boards and is currently an Associate Editor of the Journal of Management Accounting Research. He has won numerous awards for teaching excellence at both undergraduate and graduate levels.

Geoffrey B. Sprinkle is a Professor and the Stan Pressler Faculty Fellow at the Kelley School of Business at Indiana University. Geoff has B.S. and M.Acc. degrees from Arizona State University and his Ph.D. from The University of Iowa. He earned the Gold Medal in the state of Arizona on the May 1989 CPA exam and the Elijah Watt Sells award nationally. He teaches managerial and cost accounting and is the recipient of numerous teaching awards. Geoff’s research focuses on motivation and coordination problems within organizations, including performance-evaluation and reward systems. His work has been published in journals such as The Accounting Review, The American Economic Review, Accounting, Organizations and Society, Issues in Accounting Education, and The Journal of Management Accounting Research. He also currently serves on the editorial boards of The British Accounting Review and Accounting, Organizations and Society.

Dedication
About the Authors
Preface
Acknowledgments

MODULE I – A Framework for Decision-Making and Cost Measurement
CHAPTER 1 – Accounting: Information for Decision Making
CHAPTER 2 – Identifying and Estimating Costs and Benefits
CHAPTER 3 – Cost Flows and Cost Terminology

MODULE II – Short-Term Planning and Control: Maximizing Contribution
CHAPTER 4 – Techniques for Estimating Fixed and Variable Costs
CHAPTER 5 – Cost-Volume-Profit Analysis
CHAPTER 6 – Decision Making in the Short Term
CHAPTER 7 – Operating Budgets: Bridging Planning and Control
CHAPTER 8 – Budgetary Control and Variance Analysis

MODULE III – Planning and Control over the Long Term: Maximizing Profit
CHAPTER 9 – Cost Allocations: Theory and Applications
CHAPTER 10 – Activity-Based Costing and Management
CHAPTER 11 – Managing Long-Lived Resources: Capital Budgeting
CHAPTER 12 – Performance Evaluation in Decentralized Organizations
CHAPTER 13 – Strategic Planning and Control

MODULE IV – Cost Accounting Systems
CHAPTER 14 – Job Costing
CHAPTER 15 – Process Costing
CHAPTER 16 – Support Activity and Dual-Rate Allocations

Index

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