Applying a number of the best techniques of cost control and project evaluation to the area of financial decision-making, this book aims to help make you a more effective manager. Topics covered include leasing issues, breakeven analysis, differential costs analysis, probabilities and sensitivity analysis, life cycle costing, flexible and target budgets, and responsibility accounting. Time value of money concepts are introduced and used to evaluate projects. Some of the most recent changes in managerial accounting, such as activity-based cost accounting, are addressed. By applying these new techniques to a budget format, the work identifies value-added and nonvalue-added activities, as a separation of these activities is an important distinction for successfully achieving cost-cutting objectives.
Sprache
Verlagsort
Verlagsgruppe
American Library Association
Zielgruppe
Für höhere Schule und Studium
ISBN-13
978-0-8389-0568-5 (9780838905685)
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Schweitzer Klassifikation
G. Stevenson Smith is a professor of accounting at West Virginia University in Morgantown. His research has appeared in such professional Journals as Issues in Accounting Education, Journal of Accounting and Public Policy, Journal of Accounting Education, International Journal of Accounting, and Library Trends. He has provided consulting services for governmental organizations and conducted seminars on accounting for nonprofits. Smith is a Certified Public Accountant with a master's degree of business administration from Michigan State University and a doctoral degree in accounting from the University of Arkansas.
