Managerial Accounting Creating Value in a Dynamic Business Environment 13th Edition

Managerial Accounting: Creating Value in a Dynamic Business Environment, Thirteenth Edition by Ronald W. Hilton and David E. Platt — Published by McGraw Hill

This text focuses on teaching students how to use accounting information to make better management decisions. Rather than simply presenting managerial accounting as a collection of procedures and calculations, Hilton and Platt emphasize the role of the managerial accountant as a key business partner — one who helps organizations plan, control, and evaluate performance in an increasingly complex and rapidly changing environment.

The Thirteenth Edition reflects the realities of contemporary business practice, with extensive use of real companies and real-world examples to illustrate how managerial accounting concepts are applied across diverse industries and organizational settings. Coverage spans the full range of managerial accounting topics — including cost behavior, cost-volume-profit analysis, activity-based costing, budgeting, standard costing and variance analysis, responsibility accounting, performance measurement, capital investment decisions, and strategic cost management — all framed around the central theme of value creation.

Ronald W. Hilton is a Professor Emeritus of Accounting at Cornell University's SC Johnson College of Business, where he taught managerial accounting for many years and received numerous teaching excellence awards. He has served in leadership roles in the American Accounting Association and has published widely in academic accounting journals. David E. Platt is a Clinical Professor of Accounting in the McCombs School of Business at the University of Texas at Austin, where he has received multiple teaching awards including the university's highest teaching honor. Together, they bring both scholarly rigor and a genuine passion for effective accounting education to this long-trusted text.