Managerial Accounting: Creating Value in a Dynamic Business Environment, 12th Edition, by Ronald Hilton and David Platt, focuses on teaching students to use accounting information effectively to manage organizations. Each chapter centers around a realistic business or focus company, guiding readers through key topics. The book features balanced examples from various sectors including service, retail, nonprofit, and manufacturing companies. Known for its clear and engaging writing style, this textbook has been highly praised by instructors and students. It covers contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing, alongside traditional subjects like job-order costing, budgeting, and performance evaluation.