Managerial Accounting For Dummies

Learn to:

• Interpret accounting information for managerial decision-making
• Discover the basic concepts, terminology, and methods in managerial accounting
• Score your highest in a managerial accounting course

The easy way to master a managerial accounting course

Are you enrolled in a managerial accounting class and finding yourself struggling? Fear not! Managerial Accounting For Dummies is the go-to study guide to help you easily master the concepts of this challenging course. You'll discover the basic concepts, terminology, and methods to identify, measure, analyze, interpret, and communicate information in the pursuit of an organization's goals.

• Managerial Accounting 101 — get a taste of what managerial accounting is, why it's important, and the important aspects of accounting that every businessperson needs to know
• The world of costs — discover the nature of different kinds of costs, how they behave, and how they flow through a business's operations
• Put the "I" in decision-making — find out how to use cost information to make decisions, such as whether to buy equipment, which products to make, and how to set prices
• Back to the future — get the 4-1-1 on the important role managerial accountants play in planning and budgeting for the future
• Take control — understand how managerial accountants monitor a company's performance to identify and address problems before they become crises

Open the book and find:

• The role managerial accounting plays in business
• Key tools and concepts needed to communicate accounting information
• Examples illustrating terms, concepts, and formulas
• Foundational information about business, management, and decision-making
• Ten key managerial accounting formulas
• Financial statement ratios to know