Accounting for Managers: Interpreting Accounting Information for Decision-Making, Canadian Edition

Index

A

ABC software, 268

ABPB Closed Loop Model. See Closed Loop Model

absorption costing, 271–273, 279–281

acceptance policies, 99

access controls, 55

accountability, 4, 33

accountants, 10, 51, 160

accounting, 4, 64

accrual accounting, 48, 76–77

basic principles. See basic principles of accounting

cash accounting, 76

cost accounting, 7

decisions. See accounting decisions

environmental accounting, 9, 10, 115

financial accounting. See financial accounting

functions of, 4–5

and human resources, 241–242

intellectual capital accounting, 242

lean accounting, 10, 428, 446, 448

management accounting. See management accounting

and non-financial performance measurement, 26–27

as a process, 4

purpose of, 4

and shareholder value, 26–27

social accounting, 33

strategic management accounting, 26

and strategy, 26–27

vs. business, 4

accounting data collection, 52–54

accounting decisions

absorption costing, 271–273

activity-based costing (ABC), 267–271

cost classification, 261–265

overallocation of overhead, 273–275

product/service costs, 265–266

underallocation of overhead, 273–275

variable costing, 271–273

accounting equation, 44, 74

accounting improprieties, 49

accounting period, 48

accounting rate of return (ARR), 296, 297–298, 303

accounting ratios, 22–23

see also ratio analysis

accounting standards, 65, 83

see also generally accepted accounting principles (GAAP); International Financial Reporting Standards (IFRS)

Accounting Standards Committee, 114

Accounting Standards for Private Entities ...