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Budgeting and Decision Making - principlesofaccounting.com
  • Chapters 1-4 The Accounting Cycle
    • Chapter 1: Welcome to the World of Accounting
    • Chapter 2: Information Processing
    • Chapter 3: Income Measurement
    • Chapter 4: The Reporting Cycle
  • Chapters 5-8 Current Assets
    • Chapter 5: Special Issues for Merchants
    • Chapter 6: Cash and Highly-Liquid Investments
    • Chapter 7: Accounts Receivable
    • Chapter 8: Inventory
  • Chapters 9-11 Long-Term Assets
    • Chapter 9: Long-Term Investments
    • Chapter 10: Property, Plant, & Equipment
    • Chapter 11: Advanced PP&E Issues/Natural Resources/Intangibles
  • Chapters 12-14 Liabilities/Equities
    • Chapter 12: Current Liabilities and Employer Obligations
    • Chapter 13: Long-Term Obligations
    • Chapter 14: Corporate Equity Accounting
  • Chapters 15-16 Using Information
    • Chapter 15: Financial Reporting and Concepts
    • Chapter 16: Financial Analysis and the Statement of Cash Flows
  • Chapters 17-20 Managerial/Cost
    • Chapter 17: Introduction to Managerial Accounting
    • Chapter 18: Cost-Volume-Profit and Business Scalability
    • Chapter 19: Job Costing and Modern Cost Management Systems
    • Chapter 20: Process Costing and Activity-Based Costing
  • Chapters 21-24 Budgeting/Decisions
    • Chapter 21: Budgeting – Planning for Success
    • Chapter 22: Tools for Enterprise Performance Evaluation
    • Chapter 23: Reporting to Support Managerial Decisions
    • Chapter 24: Analytics for Managerial Decision Making

Budgeting and Decision Making

  1. Home

Chapter 21: Budgeting – Planning for Success

Importance Of Budgets

Budget Processes And Human Behavior

Components Of The Budget

Budget Periods And Adjustments

 

Chapter 22: Tools for Enterprise Performance Evaluation

Responsibility Accounting And Management By Exception

Flexible Budgets

Standard Costs

Variance Analysis

Balanced Scorecard Approach To Performance Evaluation

 

Chapter 23: Reporting to Support Managerial Decisions

Variable Versus Absorption Costing

Segment Reporting

Measures Of Residual Income

Concepts In Allocation Of Service Department Costs

Leveraging The Power Of Modern Information Systems

 

Chapter 24: Analytics for Managerial Decision Making

Cost Characteristics And Decision Making Ramifications

Business Decision Logic

Capital Expenditure Decisions

Compound Interest And Present Value

Evaluation Of Long-Term Projects

 

  • Managerial and Cost Accounting

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Additional Resources  

  Illustrative Entries

  Examples of journal entries for numerous sample transactions

  Account Types

  Typical financial statement accounts with debit/credit rules and disclosure conventions

  Glossary

  Includes financial and managerial terms

  Time Value of Money

  Future and present value tables

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  • Chapters 1-4
    • Chapter 1: Welcome to the World of Accounting
    • Chapter 2: Information Processing
    • Chapter 3: Income Measurement
    • Chapter 4: The Reporting Cycle
  • Chapters 5-8
    • Chapter 5: Special Issues for Merchants
    • Chapter 6: Cash and Highly-Liquid Investments
    • Chapter 7: Accounts Receivable
    • Chapter 8: Inventory
  • Chapters 9-11
    • Chapter 9: Long-Term Investments
    • Chapter 10: Property, Plant, & Equipment
    • Chapter 11: Advanced PP&E Issues/Natural Resources/Intangibles
  • Chapters 12-14
    • Chapter 12: Current Liabilities and Employer Obligations
    • Chapter 13: Long-Term Obligations
    • Chapter 14: Corporate Equity Accounting
  • Chapters 15-16
    • Chapter 15: Financial Reporting and Concepts
    • Chapter 16: Financial Analysis and the Statement of Cash Flows
  • Chapters 17-20
    • Chapter 17: Introduction to Managerial Accounting
    • Chapter 18: Cost-Volume-Profit and Business Scalability
    • Chapter 19: Job Costing and Modern Cost Management Systems
    • Chapter 20: Process Costing and Activity-Based Costing
  • Chapters 21-24
    • Chapter 21: Budgeting – Planning for Success
    • Chapter 22: Tools for Enterprise Performance Evaluation
    • Chapter 23: Reporting to Support Managerial Decisions
    • Chapter 24: Analytics for Managerial Decision Making
  • About the Author
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