Management Accounting

Summary

This book describes the development of Direct Costing in the UnitedStates from the 1930's to the 1990's. In the middle of 1980's, it was said that Management Accounting lost relevance. Direct Costing was also criticized as one of the traditional techniques of Management Accounting for losing relevance. However, Direct Costing is still used in the business. Which part of Direct Costing has relevance even at the present age, and which part loses relevance? Moreover, how can the lost relevance be recovered? To answer such questions, in this book, it is historically described how Direct Costing was generated and developed and why it came to receive the criticism. And it is an aim of this book to clarify the modern meaning of Direct Costing and the problems of the design of Management Accounting system in the future by trying the clarification of the relation among Activity-Based Costing, Throughput Accounting and Direct Costing.