TABLE OF CONTENTS

Part One. Focus on Decision Making
1. Managerial Accounting and the Business Organization.
2. Introduction to Cost Behavior and Cost-Volume Relationships.
3. Measurement of Cost Behavior.
4. Cost Management Systems and Activity-Based Costing.
5. Relevant Information and Decision-Making: Marketing Decisions.
6. Relevant Information and Decision-Making: Production Decisions.

Part Two. Accounting for Planning and Control
7. The Master Budget.
8. Flexible Budgets and Variance Analysis.
9. Management Control Systems and Responsibility Accounting.
10. Management Control in Decentralized Organizations.

Part Three. Capital Budgeting
11. Capital Budgeting.

Part Four. Product Costing
12. Cost Allocation.
13. Job-Costing Systems.
14. Process-Costing Systems.
15. Overhead Application: Variable and Absorption Costing.

Part Five. Basic Financial Accounting
16. Basic Accounting: Concepts, Techniques, and Conventions.
17. Understanding Corporate Annual Reports: Basic Financial Statements
18. More on Understanding Corporate Annual Reports.
19. Difficulties in Measuring Net Income.