The emphasis of "Managerial Accounting, Global Edition, 9e" is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. This new "Global Edition" now highlights international focus and contrast companies. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton/Platt offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting and performance evaluation.
1 The Changing Role of Managerial Accounting in a Dynamic Business Environment 2 Basic Cost Management Concepts and Accounting for Mass Customization Operations 3 Product Costing and Cost Accumulation in a Batch Production Environment Appendix Activity-Based Costing: An Introduction 4 Process Costing and Hybrid Product-Costing Systems 5 Activity-Based Costing and Management Appendix Just-in-Time Inventory and Production Management 6 Activity Analysis, Cost Behavior, and Cost Estimation Appendix Least-Squares Regression Using Microsoft Excel 7 Cost-Volume-Profit Analysis Appendix Effect of Income Taxes 8 Absorption and Variable Costing Chapter 9 Profit Planning and Activity-Based Budgeting 10 Standard Costing, Operational Performance Measures and the Balanced Scorecard Appendix Use of Standard Costs for Product Costing 11 Flexible Budgeting and the Management of Overhead and Support Activity Costs Appendix A Standard Costs and Product Costing Appendix B Sales Variances 12 Responsibility Accounting, Quality Control and Environmental Cost Management 13 Investment Centers and Transfer Pricing Decision Making: Relevant Costs and Benefits 14 Appendix Linear Programming 15 Target Costing and Cost Analysis for Pricing Decisions 16 Capital Expenditure Decisions Appendix A Future Value and Present Value Tables Appendix B Impact of Inflation 17 Allocation of Support Activity Costs and Joint Costs Appendix Reciprocal-Services Method 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 References for In their Own Words Glossary Photo Credits Index of Companies and Organizations Index of Subjects