Management Accounting - (3rd Edition)

Author: Pan Aixiang, Editor-in-Chief
Publisher:
Publish Date: 2006-09-01
Features: Management accounting is the integration of "management" and "accounting," serving as a crucial component of enterprise management control systems. Changes in the environment and the advancement of management functions are all reflected in the evolution of management accounting. Today, management accounting increasingly emphasizes value creation as its core, achieving value management through the identification, measurement, and management of product value drivers, customer value drivers, and organizational innovation drivers. In response to these new changes, and based on the current state of management accounting theory and practice in China, we have written this book with a balance of forward-thinking and practicality. The book introduces the theoretical foundations of management accounting, cost behavior and cost-volume-profit analysis, operational decision-making and operational risk analysis, capital expenditure decisions, budget management and budget preparation, responsibility accounting, strategic cost control, performance evaluation, and more. The third edition is more comprehensive in content, fully reflecting the latest developments in modern management accounting. It is also more attractive and practical in form, with a reorganized structure in the chapters compared to the second edition. Uncommon content has been removed, with a focus on key areas, making it more suitable for teaching needs.