| Description |
1 online resource (322 pages) |
| Series |
Springer texts in business and economics |
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Springer texts in business and economics.
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| Contents |
Intro -- About This Book -- Contents -- List of Symbols -- 1: Introduction to Management Accounting -- 1.1 Management Accounting -- 1.1.1 The Accounting System -- 1.1.2 The Decision-Making Function of Management Accounting -- 1.1.3 The Behavioural Control Function of Management Accounting -- 1.1.4 Focus of This Text -- 1.2 Introduction to Management Accounting and Decision-Making -- 1.2.1 The Concepts of Costs and Revenues -- 1.2.2 Short-Term and Long-Term Decision-Making -- Box 1.1 Decisions with Short-Term Effects -- 1.2.3 Orientation Towards Goods Consumption and Production |
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1.3 Guided Tour of This Text -- 1.3.1 Contents of the Text -- 1.3.2 Formal Structure of This Text -- 1.3.3 Use of the Text -- 1.4 Summary -- 1.5 Assessment Material -- 2: Accounting Information and Production Decisions -- 2.1 Basics -- 2.1.1 Preliminary Remarks and Assumptions -- 2.1.2 Absorption Costing -- 2.1.3 Contribution Margins, Profit Functions and Restriction Types -- 2.1.4 Basic Model of the 'Pure' Production Programme Decision -- 2.2 Production Programme Decisions in Different Scenarios -- 2.2.1 Initial Example -- 2.2.2 No Effective Multiple-Product Restriction |
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2.2.3 One Effective Multiple-Product Restriction -- 2.2.4 Several Effective Multiple-Product Restrictions -- 2.3 Opportunity Costs and Decision-Making -- 2.3.1 Conceptual Bases -- 2.3.2 Input-Related Opportunity Costs -- 2.3.3 Output-Related Optimal Costs -- 2.3.4 Output-Related Alternative Costs -- 2.4 Summary -- 2.5 Assessment Material -- 3: Accounting Information and Pricing Decisions -- 3.1 Costs as a Basis for Pricing Decisions -- 3.2 Price Limits -- 3.2.1 Overview -- 3.2.2 Short-Term Lowest-Price Limits |
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3.2.3 Short-Term Lowest-Price Limits with Potential Capacity Restrictions -- 3.2.4 Long-Term Lowest-Price Limits -- 3.2.5 Highest-Price Limits -- 3.3 Optimal Prices -- 3.3.1 The Basic Model -- 3.3.2 Optimal Prices in the Long Run -- 3.3.3 Dynamic Price Strategies -- 3.3.4 Interdependence Between Products -- 3.3.5 Competitive Reactions -- 3.4 Summary -- 3.5 Assessment Material -- 4: Decision-Making Under Uncertainty -- 4.1 Introduction -- 4.2 Cost-Volume-Profit Relationships (Break-Even Analysis) -- 4.2.1 Introduction -- 4.2.2 Single-Product Break-Even Analysis |
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4.2.3 Safety Coefficient and Operating Leverage -- 4.2.4 Stochastic Break-Even Analysis: The Single-Product Case -- 4.2.5 Multi-Product Break-Even Analysis -- 4.2.6 Result -- 4.3 Summary -- 4.4 Assessment Material -- 5: Cost Management -- 5.1 Contents of Cost Management -- 5.2 Cost Management and Company Strategy -- 5.2.1 The Management Accounting System and Company Strategy -- 5.2.2 Value Chain Analysis -- 5.2.3 Strategic Cost Analysis -- 5.2.4 Consideration of Information About Industry Structure -- 5.3 The German Version of Activity-Based Costing -- 5.3.1 Introduction |
| Summary |
This textbook presents concepts and applications of Management Accounting, one of the main approaches used by management to support future organisational performance. It covers methods and instruments of management and cost accounting, cost management, and management control and is based on the German textbook "Interne Unternehmensrechnung" by Ralf Ewert and Alfred Wagenhofer (Springer). The authors describe the managerial uses of accounting information, both for decision-making and decision-influencing, and provide a broad perspective on the subject combining the academic foundations of the field with recent cutting-edge research results. Moreover, traditions of German accounting theory and practice that are little known outside of the German-speaking countries are reflected in the book. With its unique approach based on information economics, the textbook offers a comprehensive and innovative presentation to a global audience |
| Notes |
5.3.2 Procedure of the Prozesskostenrechnung |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Online resource; title from PDF title page (SpringerLink, viewed March 18, 2021) |
| Subject |
Managerial accounting.
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Managerial accounting
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| Form |
Electronic book
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| Author |
Heinemann, Mareike.
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|
Cleary, Peter (Peter J.)
|
| ISBN |
9783030620226 |
|
3030620220 |
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