Managerial Uses of Accounting Information

1. Front Matter

   Pages i-xiii

   PDF

2. Introduction

   • Joel S. Demski

   Pages 1-8

3. Classical Foundations

   • Joel S. Demski

   Pages 9-32

4. Financial Reporting Influences

   • Joel S. Demski

   Pages 33-55

5. Economic Behavior Under Uncertainty

   • Joel S. Demski

   Pages 57-78

6. Product Costing

   • Joel S. Demski

   Pages 79-105

7. Product Costing: Heterogeneous Products

   • Joel S. Demski

   Pages 107-133

8. Standard Product Costs

   • Joel S. Demski

   Pages 135-167

9. Joint Costs and Cost Allocation

   • Joel S. Demski

   Pages 169-200

10. Alternative Costing Environments

    • Joel S. Demski

    Pages 201-230

11. Library Integrity: Internal Control

    • Joel S. Demski

    Pages 231-258

12. Framing Decisions

    • Joel S. Demski

    Pages 259-280

13. Applications of the Framing Principles

    • Joel S. Demski

    Pages 281-305

14. Extraction from the Accounting Library

    • Joel S. Demski

    Pages 307-340

15. Large Versus Small Decisions: Short-Run

    • Joel S. Demski

    Pages 341-372

16. Large Versus Small Decisions: Long-Run

    • Joel S. Demski

    Pages 373-400

17. Competitive Response

    • Joel S. Demski

    Pages 401-429

18. Library Procedures for Performance Evaluation

    • Joel S. Demski

    Pages 431-461

19. Managerial Performance Evaluation

    • Joel S. Demski

    Pages 463-492

20. Evaluation Based on Controllable Performance

    • Joel S. Demski

    Pages 493-517

This book is an invitation to study managerial uses of accounting infonnation. Three themes run throughout. First, the accounting system is profitably thought of as a library of financial statistics. Answers to a variety of questions are unlikely to be found in prefabricated fonnat, but valuable infonnation awaits those equipped to in the accounting library is most interrogate the library. Second, the infonnation unlikely to be the only infonnation at the manger's disposal. So knowing how to combine accounting and nonaccounting bits of infonnation is an important, indeed indispensable, managerial skill. Finally, the role of a professional manager is emphasized. This is an individual with skill, talent, and imagination, an individual who brings professional quality skills to the ta sk of managing. This book also makes demands on the reader. It assumes the reader has had prior exposure to financial accounting, economics, statistics, and the economics of uncertainty (in the fonn of risk aversion and decision trees). A modest acquaintance with strategic, or equilibrium, modeling is also presumed, as is patience with abstract notation. The hook does not make deep mathematical demands on the reader. An acquaintance with linearprogramming and the ability to take a simple derivative are presumed. The major prerequisite is a tolerance for (if not a predisposition toward) abstract notation. This st yle and list of prerequisites are not matters of taste or author imposition.

• accounting
• communication
• costing
• economics
• environment
• equilibrium
• evaluation
• financial accounting
• foundation
• information
• modeling
• programming
• statistics

• School of Organization and Management, Yale University, USA

  Joel S. Demski

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