How does an internet-based enterprise cost its products? How can an executive be incentivised to maximise firm profits? How can an accounting system help a company achieve its strategy? Introduction to Management Accounting provides a clear and comprehensive introduction to the main principles of management accounting. With astrong practical focus and numerous examples, this book shows you how the techniques and theory of management accounting can be applied in the real world. Features Comprehensive suite of resources for lecturers and students Practical application through awealth of European and Harvard Business School case studies and examples of management accounting practices in real-world companies Coverage of all business sectors: non-profit, retail, wholesale, service, selling and administrative situations, as well as manufacturing ‘Business first' boxes provides insights into management accounting practices at well-known international organisations Extensive assessment material, with a wealth of practice question material available in MyAccountingLab The text is supported by MyAccountingLab, an online tutorial and assessment solution. With more than 300,000 registered students doing 4 million assignments, MyAccountingLab is the most effective and reliable learning solution for accounting available today. Visit www.myaccountinglab.com to learn more. Features: A personalised study plan for each student Guided solutions that take students step-by-step through solving a problem Exam board-style questions An eBook for quick reference We polled 10,000 student users of MyAccountingLab from around the globe: 92% of students said that MyAccountingLab learning aids helped them while completing homework and/or preparing for exams.

89% of students said that MyAccountingLab helped them earn a higher grade. 92% of students would recommend MyAccountingLab for future courses. Alnoor Bhimani is Professor of Management Accounting and Head of the Department of Accounting at the London School of Economics Charles T. Horngren served as the Edmund W. Littlefield Professor of Accounting, Emeritus at Stanford University until 2011 Gary L. Sundem is Professor of Accounting Emeritus at the University of Washington William O. Stratton is Professor of Accounting at the Udvar-Hazy School of Business of Dixie State College of Utah Jeff Schatzberg is the Humberto Lopez Professor of Accounting in the Eller College of Management at the University of Arizona David Burgstahler is Gerhard G. Mueller Endowed Professor in Accounting at the University of Washington.