The 12th edition of Managerial Accounting focuses on teaching students to use accounting information to best manage an organization. Consistent with the practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, the book offers a clear, engaging writing style that has been praised by instructors and students alike. It offers significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting, and performance evaluation. Salient Features: 1. More coverage of data analytics and big data in the context of managerial accounting 2. New and Updated Content and Examples. Based on user feedback, the authors now focus less on managerial accountants per se and more on managerial accounting as a widely applicable toolset used by all managers. 3. Provides a variety of thought provoking, real-world examples to focus students on managerial accounting tools and professionals as an essential part of the management process. 4. The book is written in a modular format allowing topics to be covered in the order users want