Managerial Accounting

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Managerial Accounting introduces fundamental tools and insights essential for understanding the evolving field of managerial accounting. It provides a solid foundation in the diverse concepts relevant to the overall management process. Key features include "Focus on Ethics" segments that present ethical dilemmas for student reflection, and coverage of environmental cost management, a contemporary topic in the discipline. The text also includes updated pedagogical boxes for practical application. A hallmark feature is the focus company approach, where each chapter revolves around a realistic business scenario that introduces the chapter's topics. The author, Ronald Hilton, is a Professor of Accounting at Cornell University, specializing in managerial accounting and cost management systems. He holds bachelor's and master's degrees in accounting from The Pennsylvania State University and a Ph.D. from The Ohio State University. A faculty member since 1977, Hilton has also taught at Ohio State and the University of Florida, where he was the Walter J. Matherly Professor of Accounting. Before his academic career, he worked for Peat, Marwick, Mitchell and Company and served as an officer in the United States Air Force. Hilton is a member of the Institute of Management Accountants and has been active in the American Accounting Association.