Management Accounting Case Book - Cases From the Ima Educational Case Journal

Enlighten your students and improve your understanding of management accounting with this carefully curated collection of case studies
 
Management Accounting Case Book: Cases from the IMA Educational Case Journal offers a detailed account of real-world business cases accessible to a variety of business-savvy audiences. It provides comprehensive coverage of several areas relevant to students and professionals in business and finance, including:
* Strategic cost management (including product and service costing, cost allocation, and strategy implementation)
* Planning and decision making (including cost estimation, CVP analysis, budgeting, decision making, capital investments, target costing, and TOC)
* Operations, process management, and innovation (including flexible budgeting, standard costs, variance analysis, non-financial performance indicators, quality control, lean, and innovation governance)
 
Used by dozens of different universities, the Management Accounting Case Book contains cases reviewed and rigorously vetted by the Institute of Management Accountants. The book is perfect for anyone hoping to increase their understanding of management theory or facilitate lively discussion about the topics contained within.

List of contents

I. Business Leadership and Ethics
 
Trust May Breed Trouble: Fraud Opportunities and Ethics at Saintly Church 5
Cecily Raiborn, Janet B. Butler, Nathan H. Cannon, and Randall F. Young
 
Diamond Foods, Inc. 11
Jomo Sankara and Deborah L. Lindberg
 
Sunk Costs: What Costs Do You "Sea"? 17
Marty Stuebs, Cari Edison, and Katy Hurt
 
The A-12 Stealth Bomber: Escalating Commitment to a Failing Project 25
David S. Christensen and Robin Boneck
 
Jensen Pharma: A Governance Role Play 33
J. Kay Keels and Norman T. Sheehan
 
II. Operations, Process Management, and Innovation
 
General Lab 43
Oriol Amat and Martí Guasch
 
Autoliv, Inc.: Using Lean Practices to Improve the A/P Reconciliation Process 59
Rosemary Fullerton, Staci F. Gunnell, and R. Chance Murray
 
Sometimes Accountants Fail to Budget 65
Gail Hoover King and Jane Saly
 
Tri-Cities Community Bank: A Balanced Scorecard Case 71
Tom Albright, Stan Davis, and Aleecia R. Hibbets
 
Creating a Lean Enterprise: The Case of the Lebanon Gasket Company 79
Peter Brewer and Frances Kennedy
 
III. Planning and Decision Making
 
Hula Island: Strategic Decisions Involving Costs and Benefits of Internet Advertising Programs 87
Stephen C. Hansen and Tom Albright
 
XYZ Company: An Integrated Capital Budgeting Instructional Case 93
David E. Stout, Raymond J. Shaffer, and Jeremy T. Schwartz
 
The Glenridge Retail Development 101
Regina M. Anctil, Michael E. Borneman, and Theodore J. Long
 
Cat & Joe's Pig Rig: Should We Stay or Should We Go? 113
Tony Bell and Andrew Fergus
 
Over-land Trucking and Freight: Relevant Costs for Decision Making 119
Thomas L. Albright, Paul Juras, and Russ Elrod
 
Patterson Manufacturing 125
Shane Moriarity and Andrew Slessor
 
Pikesville Lightning: Evaluating Strategic Business Expansion Opportunities 129
Thomas G. Canace and Paul E. Juras
 
IV. Risk Management and Internal Controls
 
The Le-Nature's Inc. Fraud: What Happened and Why? 137
Michael C. Knapp and Carol A. Knapp
 
West Coast Equestrian Association 145
Doug Kalesnikoff, Vince Bruni-Bossio, and Suresh Kalagnanam
 
Out of Control: Lax Procedures at National Capital Trust? 151
Ron Messer
 
The Moulder Company: Alternative Strategies for Toxics Use Reduction 159
George Joseph and Mark Myles
 
A Declaration of War: A Case of Competition in the Video Game Industry 169
Nicholas J. Fessler
 
SuperHeroes LLP: A Super Management Control Case 181
Norman T. Sheehan and Ganesh Vaidyanathan
 
V. Strategic Cost Management
 
The Gatekeepers: A Case on Allocations and Justifications 189
David Hurtt, Bradley Lail, Michael Robinson, and Martin Stuebs
 
Product Costs: Application in an Insurance Company 197
Scott McGregor
 
Dynamic Medical Solutions: Expanding the Application of Cost Management Principles to Channel and Customer Profitability Analysis 215
Casey McNellis and Ronald F. Premuroso
 
Product Costing at Fine Foods: Is It a Symptom or the Problem? 221
David Axelsson, Marcus Fogelkvist, and G. Cunningham
 
TransGlobal Airlines 229
Shane Moriarity, Laura Hopkins, and Andrew Slessor
 
Alternative Costing Methods: Precision Paint Shop's Dilemma 237
Eileen Peacock and Paul Juras

About the author

Raef A. Lawson (New York, NY) is the Vice President of Research & Policy at the Institute of Management Accountants with proven success in designing and implementing world class research and policy programs. Lawson has extensive senior leadership experience in diverse settings, including for-profit and not-for-profit organizations. Additionally, he is an award-winning author, global speaker and media contributor in the areas of performance management, sustainability, business ethics, corporate governance and accounting education.

Summary

Enlighten your students and improve your understanding of management accounting with this carefully curated collection of case studies

Management Accounting Case Book: Cases from the IMA Educational Case Journal offers a detailed account of real-world business cases accessible to a variety of business-savvy audiences. It provides comprehensive coverage of several areas relevant to students and professionals in business and finance, including:
* Strategic cost management (including product and service costing, cost allocation, and strategy implementation)
* Planning and decision making (including cost estimation, CVP analysis, budgeting, decision making, capital investments, target costing, and TOC)
* Operations, process management, and innovation (including flexible budgeting, standard costs, variance analysis, non-financial performance indicators, quality control, lean, and innovation governance)

Used by dozens of different universities, the Management Accounting Case Book contains cases reviewed and rigorously vetted by the Institute of Management Accountants. The book is perfect for anyone hoping to increase their understanding of management theory or facilitate lively discussion about the topics contained within.

Product details

• Authors: RA Lawson, Raef A Lawson, Raef A. Lawson
• Assisted by: Rae A Lawson (Editor), Raef A Lawson (Editor), Raef A. Lawson (Editor), Lawson Raef A. (Editor)
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 30.09.2020
• EAN: 9780996729345
• ISBN: 978-0-9967293-4-5
• No. of pages: 256
• Subjects: Social sciences, law, business > Business > Business administration; Controlling, Rechnungswesen, Accounting, Corporate/Managerial Accounting