Managerial Accounting: Creating Value in a Dynamic Business Environment

by Ronald W. Hilton

The emphasis of Managerial Accounting , 7e 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.

Genres: Business, Accounting, Textbooks, Nonfiction

864 pages, Hardcover

First published April 1, 1900

Reviews

[John Heid · Rating 2 out of 5]

Only the clinically insane can enjoy reading an accounting textbook.

[Vince · Rating 3 out of 5]

[Textbook] In many ways the twin to McGraw-Hill's Financial Accounting (Libby, Libby, and Short). This is the text for the 2nd half of my first MBA Accounting course.

Not as good as Libby, Libby, and Short. While this book continues the user-friendly, practical applications-focus of the other volume, many of the companies in this book are make-believe constructs, and the book continually draws your attention to this - undermining the engagement it's trying to build by covering interesting real-world situations. Also, the book focuses almost entirely on cost-computations in a manufacturing environment. Similar treatment of cost-modeling in service industry companies would have been more useful to me.

Not a bad book.

[Nivas · Rating 3 out of 5]

Managerial accounting textbook

[Turk · Rating 5 out of 5]

Great book for non-accountant managers

[Syed Shah · Rating 5 out of 5]

Ronald W. Hilton

[Chole · Rating 4 out of 5]

I wasn't at all exactly sure what managerial accounting was entering this class. I now have a much clearer understanding and actually enjoyed learning the material.

[Asif Laleera · Rating 5 out of 5]

Good