Managerial Accounting for Small, Privately Owned Businesses presents readers with all of the concepts, techniques and applications required to manage or own a small- to medium-sized business. Most managerial accounting books on the market today focus almost exclusively on manufacturing. This book applies directly to retail, service, manufacturing and non-profit businesses and organizations.

This book also includes coverage of inventory management, lifetime tax management and the innovative Profit Center Contribution Margin Income Statement, an industry-proven and powerful money making tool.

Almost every chapter includes applications to both business and personal financial success. This book guides readers through the processes of budgeting, retirement and investment planning, trend analysis and other income enhancement and cost control techniques.