Known for its balance of managerial accounting topics in a variety of business segments-manufacturing,retail,nonprofit and service-industry settings-and noted by for its lively presentation,this highly successful text provides thorough coverage of all major topics found in the managerial accounting course. Traditional managerial accounting material along with up-to-date and emerging topics are covered throughout using a step-by-step presentation punctuated with numerous graphs,tables,exhibits,and photographs. Each chapter of the text is built around a major,chapter-length illustration based on real-world companies are utilized throughout the text to demonstrate key points and highlight important concepts. Using these elements-a modern,interesting and clear presentation along with major chapter-length illustrations-author Ronald Hilton has also designed a modular text,one that allows instructors great flexibility in the ordering of topics and coverage.