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Description Contents Features Description
For introductory, undergraduate Managerial Accounting courses. Developing fundamental skills in perspective! Learning the basic concepts through a business context, and with ample practice, is essential for building a solid foundation in managerial accounting. To help students achieve this goal, Managerial Accounting presents core concepts first, followed by an immediate explanation of the business implications the concept will have. MyAccountingLab, the text’s online homework system, then provides students with a learning environment that tests and strengthens their skills and understanding through unlimited practice. Together, Managerial Accounting and MyAccountingLab will help students have more of those “I Get It!” moments. topContents
Chapter 1 Introduction to Management Accounting Chapter 2 Job Order Costing Chapter 3 Activity-Based Costing and Other Cost Management Tools Chapter 4 Process Costing Chapter 5 Cost Behavior and Cost-Volume-Profit Analysis Chapter 6 Absorption and Variable costing Chapter 7 Master Budget: Profit Planning Chapter 8 Flexible Budgets and Standard Costs Chapter 9 Decentralization: Allocating Service Department Costs and Responsibility Accounting Chapter 10 Short-Term Business Decisions Chapter 11 Capital Investment Decisions and the Time Value of Money Chapter 12 Performance Evaluation and the Balanced Scorecard Chapter 13 The Statement of Cash Flows Chapter 14 Financial Statement Analysis Appendix A 2008 Amazon.com Annual Report Appendix B Present Value Tables topFeatures
For introductory, undergraduate Managerial Accounting courses. Developing fundamental skills in perspective! Learning the basic concepts through a business context, and with ample practice, is essential for building a solid foundation in managerial accounting. To help students achieve this goal, Managerial Accounting presents core concepts first, followed by an immediate explanation of the business implications the concept will have. MyAccountingLab, the text’s online homework system, then provides students with a learning environment that tests and strengthens their skills and understanding through unlimited practice. Together, Managerial Accounting and MyAccountingLab will help students have more of those “I Get It!” moments. Consistency, Repetition, and a High Level of Detail While Learning the Fundamentals To ensure comprehension of the fundamentals, students will experience consistency, repetition, and a high level of detail throughout the chapters, Demo Docs, end-of-chapter examples, and in MyAccountingLab–in both look and feel, and language. This minimizes confusion, ensures clarity, and allows students to focus on what’s important in the accounting topics. As a result, students will develop a solid understanding throughout each step of the learning process. Consistent Examples Two consistent companies are used in most chapters so that students can focus on learning new concepts, rather than spend time learning about a new company. Introduction of Concepts Students are consistently learning the fundamentals while looking at the big picture through Managerial Accounting’s approach. The core concepts are introduced first, followed by an explanation of the business implications the concept will have. Students then return to the original concept where it is explained with both clarity and depth–this process is continued throughout the text. Reinforcing the Business Context As students are introduced to the fundamentals throughout the text, they are also given a preview of each concept’s business implications. Consistently showing students the decision-making process provides context for the fundamentals and works as an explanation of why the information is important and relevant. Matching Equations
Key equations are highlighted in a blue box. Corresponding examples showing the application of the equation are highlighted in green. This distinction runs throughout the chapter and into the end-of-chapter material. By color-coding the material in this way, students can clearly identify important equations and examples.
Stop and Think sections appear where needed throughout the text and pull students out of the reading to show them how the concept relates to everyday life—–providing immediate relevancy of the concepts in action. Demo Docs Bringing it all together at the end of the chapter are the Demo Docs. Demo Docs are fully worked through problems that weave computation and concepts together in a step-by-step format for guided reinforcement of chapter concepts and skills. The worked-through problems reflect the chapter content and all available for all chapters within the text. Additional Demo Docs, including animated versions, are available in the study guide and in MyAccountingLab. Practicing the Fundamentals Although it’s crucial for students to have a solid explanation of the fundamentals, it’s in the practice where they can ensure their understanding. Solidifying Chapter Concepts After reading the fundamentals, it’s important for students to have the opportunity to implement the concepts that they’ve just been introduced to. Managerial Accounting offers a robust selection of end-of-chapter material that is accessible to students and allows them to practice and identify the context of what they’ve read in order to see how it all fits together. Decision Guidelines appear at the end of each chapter and provide a summary of the chapter's key terms, concepts, and formulas in the context of business decisions. These guidelines reinforce how the information students are learning is used to make decisions in a business setting. Big Picture Summary gives students an overview of the big picture as it unfolds by showing the progression of everything that they’ve learned from chapter 1 to the current chapter. Continuing Exercise This practice feature takes a single company and adds transactions or questions in each chapter to the existing fact pattern. As students move through the text, they complete additional steps in this comprehensive exercise. Students, again, see the big picture and learn how the topics build on one another. The Continuing Exercise can be assigned and completed within MyAccountingLab. Continuing Problem
The Continuing Problem is a more comprehensive version of the Continuing Exercise. Once again, students are learning how accounting is a process and the continuing exercise allows students to put it all together.
Accommodating Practice for Students This text pays careful attention to the gradual progression of homework problems, from basic practice to conceptual–or a mixture of the two. The end-of-chapter materials are designed to gradually lead students from understanding the fundamental concepts to applying them as managerial accountants would. The End-of-Chapter Material continues to enhance students’ understanding of the topics and material covered in the chapter. All material includes time estimates for completion for students. • Accounting Vocabulary • Quick Checks–in multiple choice format covering both concepts and computation • Short Exercises • “A” Exercises–with four alternate sets available (B, C, D, and E) online in MyAccountingLab • “A” and “B” Problems–with three alternate sets available (C, D, E) online in MyAccountingLab • Continuing Exercise • Continuing Problem • Comprehensive Problem where applicable • Decision Case • Financial Statement Case • Ethical Issues Case • Team Projects End-of-Chapter Material Integrated with MyAccountingLab Students need practice and repetition in order to successfully learn the fundamentals of accounting. In MyAccountingLab we offer the questions from the book, and algorithmic versions, all auto-graded for unlimited practice. For more information, visit www.myaccountinglab.com. top
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