Synopses & Reviews
Written for undergraduate courses, this text will show your students how to use accounting information as a competitive advantage in the real world. Don't manage with anything less . . . than the new edition of this managerial text from the authors of Accounting, 21e, the most successful college educational product of all time. Managerial Accounting, 8e combines basic concepts with a heavy dose of the real world to build the skills needed to analyze accounting information for effective management.
Synopsis
Don't manage with anything less à than the new edition of this managerial text from the authors of ACCOUNTING, 21st Edition, the most successful college educational product of all time. MANAGERIAL ACCOUNTING, 8th Edition combines basic concepts with a heavy dose of the real world to build the skills for effective management.
Synopsis
Don't manage with anything less ? than the new edition of this managerial text from the authors of ACCOUNTING, 21st Edition, the most successful college educational product of all time. MANAGERIAL ACCOUNTING, 8th Edition combines basic concepts with a heavy dose of the real world to build the skills for effective management.
Synopsis
The most successful higher education accounting text of all time keeps getting better. The authors adapt their proven approach to accounting's evolving role in business and use the preparation of financial statements as the framework for understanding what accounting is all about. Accounting provides a solid foundation of accounting concepts with unique features to show how users can use accounting to understand business.
About the Author
Dr. Carl S. Warren is Professor Emeritus of Accounting at the University of Georgia, Athens. For over twenty-five years, Professor Warren taught all levels of accounting classes. Professor Warren has taught classes at the University of Georgia, University of Iowa, Michigan State University, and University of Chicago. Professor Warren focused his teaching efforts on principles of accounting and auditing. Professor Warren received his doctorate degree (Ph.D.) from Michigan State University and his undergraduate (B.B.A) and masters (M.A.) degrees from the University of Iowa. During his career, Professor Warren published numerous articles in professional journals, including The Accounting Review, Journal of Accounting Research, Journal of Accountancy, The CPA Journal, and Auditing: A Journal of PracticeandTheory. Professor Warren's outside interests include writing short stories and novels, oil painting, playing handball, golfing, skiing, backpacking, and fly-fishing.Dr. James M. Reeve is Professor Emeritus of Accounting and Information Management at the University of Tennessee. Professor Reeve taught on the accounting faculty for 25 years, after graduating with his Ph.D. from Oklahoma State University. His teaching effort focused on undergraduate accounting principles, and graduate education in the Master of Accountancy and Senior Executive MBA programs. Beyond this, Professor Reeve is also very active in the Supply Chain Certification program, which is a major executive education and research effort of the College. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management. He has published over 40 articles in academic and professional journals, including the Journal of Cost Management, Journal of Management Accounting Research, Accounting Review, Management Accounting Quarterly, Supply Chain Management Review, and Accounting Horizons. He has consulted or provided training around the world for a wide variety of organizations, including, Boeing, Procter and Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Professor Reeve plays golf and is involved in faith-based activities.Dr. Jonathan Duchac is the Merrill Lynch and Co. Associate Professor of Accounting Policy, and Director of the Program in Enterprise Risk Management at Wake Forest University. He earned his Ph.D. in accounting from the University of Georgia, and currently teaches introductory and advanced courses in financial accounting. Dr. Duchac has received a number of awards during his career, including the Wake Forest Graduate Accounting Student Teaching Award, the T.B. Rose award for Instructional Innovation, and the University of Georgia Outstanding Teaching Assistant Award.
In addition to his teaching responsibilities, Dr. Duchac serves as Accounting Advisor to Merrill Lynch Equity Research, where he works with research analysts in reviewing and evaluating the financial reporting practices of public companies. He has testified before the U.S. House of Representatives, the Financial Accounting Standards Board, and the Securities and Exchange Commission; and has worked with a number of major public companies on financial reporting and accounting policy issues.
In addition to his professional interests, Dr. Duchac is the Treasurer and Director of the Finance Committee for The Special Children's School of Winston-Salem; a private, non-profit developmental day school located in Winston-Salem, NC, serving children with and without special needs.
Dr. Duchac is an avid long-distance runner, mountain biker, and snow skier. His recent events include the Grandfather Mountain Marathon, the Black Mountain Marathon, the Shut-In Ridge Trail run, and NO MAAM (Nocturnal Overnight Mountain Bike Assault on Mount Mitchell).
Table of Contents
1. Introduction to Managerial Accounting and Job Order Cost Systems. 2. Process Cost Systems. 3. Cost Behavior and Cost-Volume-Profit Analysis. 4. Profit Reporting for Management Analysis. 5. Budgeting. 6. Performance Evaluation Using Variances from Standard Costs. 7. Performance Evaluation for Decentralized Operations. 8. Differential Analysis and Product Pricing. 9. Capital Investment Analysis. 10. Cost Allocation and Activity-Based Costing. 11. Cost Management for Just-in-Time Environments. 12. Statement of Cash Flows. 13. FinancialStatement Analysis. Appendix A: Interest Tables. Appendix B: Codes of Professional Ethics for Accountants. Appendix C: The Home Depot Annual Report. Glossary. Subject Index. Company Index.