Synopses & Reviews
Text & Cases, by Anthony, Hawkins, and Merchant is a 28 chapter book written to cover both financial and managerial accounting followed by broader managerial issues. Chapters 1 -14 cover financial accounting, while Chapters 15-21 cover management accounting, and chapters 22-28 focus on broader issues of control and corporate strategy. The approximately 120 cases that largely make up the end of chapter material are a combination of classic Harvard style cases, as well as extended problems.
About the Author
Robert N. Anthony is the Ross Graham Walker Professor Emeritus of Management Control at Harvard Business School. Professor Anthony has been a director of Carborundum Company and Warnaco, Inc., both Fortune 500 companies; for 25 years he has been a trustee of Colby College, including five years as chairman of the board. He has consulted for many companies and government agencies, including General Motors Corp., AT&T, the General Accounting Office, and the Cost Accounting Standards Board. Among Professor Anthony’s awards are the Distinguished Accounting Educator of the Year Award from AAA, Accounting Educator of the Year Award from Beta Alpha Psi, the Meritorious Service Award from the Executive Office of the President, the Distinguished Public Service Medal of the Department of Defense, Comptroller General’s Award of the U.S. General Accounting Office and Distinguished Service Award of the Harvard Business School Association.David Hawkins is a Full Professor at Harvard University, where he has been a member of the faculty since 1962. He would certainly be considered "old guard" at Harvard, where the accepted practice was to have a Harvard Ph.D., develop new courses, and eventually write innovative textbooks. Although this is no longer the norm at Harvard Business School, David maintains a strong reputation across the country as an innovative instructor and a good textbook author.
Table of Contents
PART ONE: Financial Accounting
1. The Nature and Purpose of Accounting
2. Basic Accounting Concepts: The Balance Sheet
3. Basic Accounting Concepts: The Income Statement
4. Accounting Records and Systems
5. Revenue and Monetary Assets
6. Cost of Sales and Inventories
7. Long-lived Nonmonetary Assets and Their Amortization
8. Sources of Capital: Debt
9. Sources of Capital: Owners’ Equity
10. Other Items that Affect Net Income and Owners' Equity
11. The Statement of Cash Flows
12. Acquisitions and ConsolidatedStatements
13. Financial Statement Analysis
14. Understanding Financial Statements
PART TWO: Management Accounting
15. The Nature of Management Accounting
16. The Behavior of Costs
17. Full Costs and Their Uses
18. Additional Aspects of Product Costing Systems
19. Standard Costs, Variable Costing Systems, Quality Costs, and Joint Costs
20. Production Cost Variance Analyses
21. Analyzing Other Variance Analyses
22. Control: The Management Control Environment
23. Control: The Management Control Process
24. Strategic Planning and Budgeting
25. Reporting and Evaluation
26. Short-Run Alternative Choice Decisions
27. Longer-Run Decisions: Capital Budgeting
28. Management Accounting System Design
Appendix AAppendix BINDEX