Management Accounting, Fifth Edition, represents state-of-the-art thinking on all of the major topics in management accounting, including activity-based management, the Balanced Scorecard, target costing, value chain analysis and management. Every chapter in the new edition of Atkinson now includes an opening chapter vignette based on a real company which describes realistic business problems that can benefit from managerial accounting or analysis or approaches. Robert S. Kaplan is considered the world`s leading expert on activity-based costing and the Balanced Scorecard. For this edition, he has revised and reorganized chapter on ?Activity-Based Cost Systems? In this new edition, Kaplan, co-creator of ABC, integrates the new time-driven ABC approach with the conventional ABC approach. He has also revised Chapter on, 'The Balanced Scorecard.' This is a comprehensive full chapter treatment of how to translate a strategy into a strategy map and Balanced Scorecard.