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Essay / Research Paper Abstract
This 20-page paper is a book review on the textbook Management Accounting (Fourth Edition) by Anthony Atkinson, Robert Kaplan and S. Mark Young.
Page Count:
20 pages (~225 words per page)
File: D0_MTmanact.rtf
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Unformatted sample text from the term paper:
of accounting. Once the student has made his or her way through the entire text, he/she should have a strong understanding of what accounting is, and the different methods available
to accountants. The positive aspect of this book, however, is that the authors dont simply throw masses of numbers and formulae at the reader - rather, the authors do a
good job of teaching by example; in other words, using case studies to get a particular theory across, then putting exercises in at the end to help the student get
a better handle on the overall text. For purposes of this paper, its best probably to perform an overall chapter review, as
each chapter brings something valuable to the students accounting vocabulary. Chapter 1 - Management Accounting: Information that Creates Value The main
point of this chapter is to allow the student to tell the difference between management accounting information and financial accounting information, as well as to understand how management accounting is
closely linked to an organizations strategy. The chapter also covers potential ethical and behavioral issues that could be faced by management accountants.
But what, exactly, is management accounting information? The authors point out that, according to the Institute of Management Accountants, management accounting is defined as "a value-adding continuous improvement
process of planning, designing, measuring and operating both non-financial information systems and financial information systems . . ." (p. 3). Furthermore,
the definition states, such information help guide management and determines corporate culture, as well as corporate goals. Management accounting, note the authors, is geared toward meeting the specific decision-making needs
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