Managerial Accounting Creating Value in a Dynamic Business Environment 12th

Managerial Accounting Creating Value in a Dynamic Business Environment 12th by Ronald Hilton

Print ISBN: 9781259969515, 1259969517

eText ISBN: 9781260417074, 1260417077

By: Ronald Hilton

Publisher: McGraw-Hill Higher Education

Print ISBN: 9781259969515, 1259969517

eText ISBN: 9781260417074, 1260417077

Edition: 12th

Copyright year: 2020

What’s New in the 12th Edition?

New and Enhanced Themes

In the 12th edition of Hilton & Platt Managerial

Accounting, the authors have significantly

increased their coverage of data analytics and socalled

big data in the context of managerial

accounting. The topic is first introduced in Chapter 1,

where it is discussed in the context of the Whole

Foods Market contrast company. It then gets

deeper coverage in Chapter 6, which includes an

illustration of data visualization using both Excel

and Tableau. And discussions of big data and its

impact in managerial decision making are sprinkled

throughout the book, such as the new

Management Accounting Practice (MAP) inset

“Big Data ‘Use Cases’ in Managing Costs and

Profits” in Chapter 3, other new MAPs in Chapters

5, 9, and 10, and in general discussion.

Hilton & Platt Managerial

Accounting has long been a

leader in integrating discussion

of business ethics into

the managerial accounting context through the

use of the Institute of Management Accountants’

Statement of Ethical Professional Practice and the

Focus on Ethics feature that appears at the end of

most chapters. In the 12th edition, the authors take

a major step forward in business ethics coverage

by updating a number of the Focus on Ethics

scenarios and linking all of them to the thoughtful

and entertaining ethics concepts videos produced

by the business educators at Ethics Unwrapped.

Indicated by the logo that appears at the front of

this paragraph, the videos offer instructors the

opportunity to expand the discussion of ethical

concepts in business while providing students

some conceptual underpinnings for the ethical

dilemmas presented and their solutions.