Authors: Ronald W. Hilton
ISBN-13: 9780073526928, ISBN-10: 0073526924
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: October 2008
Edition: 8th Edition
A Professor of Accounting at Cornell University, Professor Hilton teaches in the areas of managerial accounting and cost management systems. With bachelor's and master's degrees in accounting from The Pennsylvania State University, he received his Ph.D. from The Ohio State University.
A Cornell faculty member since 1977, Professor Hilton also has taught accounting at Ohio State and the University of Florida, where he held the position of Walter J. Matherly Professor of Accounting. Prior to pursuing his doctoral studies, Hilton worked for Peat, Marwick, Mitchell and Company and served as an officer in the United States Air Force.
Professor Hilton is a member of the Institute of Management Accountants and has been active in the American Accounting Association. He has served as associate editor of The Accounting Review and as a member of its editorial board. Hilton also has served on the editorial board of the Journal of Management Accounting Research. He has been a member of the resident faculties of both the Doctoral Consortium and the New Faculty Consortium sponsored by the American Accounting Association.
With wide-ranging research interests, Hilton has published articles in many -journals, including the Journal of Accounting Research, The Accounting Review, -Management Science, Decision Sciences, The Journal of Economic Behavior and Organization, Contemporary Accounting Research, and the Journal of Mathematical Psychology. Author of Managerial Accounting, he also has published a monograph in the AAA Studies in Accounting Research series, is a co-author of Budgeting: Profit Planning and Control, and is a co-author of Cost Accounting: Concepts and Mana-ge-rial Applications. Professor Hilton's current research interests focus on contemporary cost management systems and international issues in managerial accounting. In recent years, he has toured manufacturing facilities and consulted with practicing managerial accountants in North America, Europe, Asia, and Australia.
The emphasis of Managerial Accounting, 8e 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. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton 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.
Preface | ||
Pt. 1 | Fundamentals and Cost Accumulation Systems | 1 |
Ch. 1 | Managerial Accounting: An Overview | 3 |
Ch. 2 | Basic Cost Terms and Concepts | 29 |
Ch. 3 | Job-Order Costing Systems | 71 |
Ch. 4 | Process Costing and Hybrid Product-Costing Systems | 133 |
Ch. 5 | Cost Management Systems for the New Manufacturing Environment | 191 |
Pt. 2 | Planning and Control Systems | 261 |
Ch. 6 | Cost Behavior and Estimation | 263 |
Ch. 7 | Cost-Volume-Profit Analysis | 317 |
Ch. 8 | Budgeting: Profit Planning and Control Systems | 373 |
Ch. 9 | Standard Costing and Performance Measures for the New Manufacturing Environment | 445 |
Ch. 10 | Flexible Budgets and Control of Overhead Costs | 501 |
Ch. 11 | Responsibility Accounting and Income Reporting | 553 |
Ch. 12 | Investment Centers and Transfer Pricing | 603 |
Pt. 3 | Using Accounting Information in Making Decisions | 649 |
Ch. 13 | Decision Making: Relevant Costs and Benefits | 651 |
Ch. 14 | Cost Analysis and Pricing Decisions | 717 |
Ch. 15 | Capital Expenditure Decisions: An Introduction | 765 |
Ch. 16 | Further Aspects of Capital Expenditure Decisions | 811 |
Pt. 4 | Selected Topics for Further Study | 861 |
Ch. 17 | Cost Allocation: A Closer Look | 863 |
Ch. 18 | Analyzing Financial Statements | 895 |
Ch. 19 | Preparing the Statement of Cash Flows | 939 |
Glossary | G-1 | |
Indexes | I-1 |