This document provides an overview of managerial accounting concepts across 14 pages. It begins with identifying the features of managerial accounting and management functions. It then discusses the differences between managerial and financial accounting. Subsequent sections cover manufacturing costs including direct/indirect materials and labor, product vs. period costs, income statements, balance sheets, and trends in managerial accounting such as just-in-time inventory, total quality management, and corporate social responsibility. Learning objectives are provided throughout to demonstrate how to compute costs and prepare financial statements for a manufacturer.