Managerial Accounting

Up-to-date textbook on the field of Managerial Accounting

Managerial Accounting: Principles, Application and Artificial Intelligence is a textbook that provides a comprehensive background in managerial accounting while integrating recent advances in the field, including information technology, data analytics, and artificial intelligence. The book includes useful tools like simple machine learning algorithms, generative AI, and other technologies relevant for solving managerial problems while delivering core foundational knowledge on topics like costing products, services, and support, business decision making, and operational planning, control, and evaluation. Real-world business examples from various industries are incorporated into the text to emphasize how business owners utilize accounting to make decisions and plan for the future.

Written by Joseph C. Ugrin and Amy Igou, two experienced accounting professors, this book includes ancillary materials hosted on a companion website to make a complete, ready to implement course. In this book, readers will learn about:

• Identifying, measuring, analyzing, interpreting, and communicating financial and operational information for internal decision-making
• Accounting for costs of products and services, job order costing, and cost behavior and cost-volume-profit analysis
• Planning and budgeting for operations, flexible budget and variance analysis, and performance evaluation

Covering the latest developments in the field, Managerial Accounting: Principles, Application and Artificial Intelligence is an excellent classroom aid for all undergraduate professors teaching Managerial Accounting and business courses.