Managerial Accounting

Managerial Accounting by Ray Garrison, Eric Noreen, and Peter Brewer is often praised for its straightforward writing style, excellent research, and very useful supplements. Both teachers and students will find this highly recommended textbook very helpful. It explains in full detail why accounting information is important to managers and how it helps provide an informed business decision. The authors discuss management accounting and the business environment, management accounting and cost concepts, system design on job-order costing and process costing, cost behavior analysis and uses, and cost-volume-profit relationships. Managerial Accounting (ISBN 9780073379616) also covers variable costing and activity based costing, flexible budget and performance analysis, standard costs and operating performance measures, and segment reporting, decentralization, and the balanced scorecard. Topics such as relevant costs for decision making, capital budget decisions, statement cash flows, and financial statements are also tackled, while pricing product services and profitability analysis are in the appendices. By the end of the course, students will already know how to collect and interpret accounting information. Those interested in self-study can use the helpful study guide supplement.. The questions provided at the end of each chapter are designed to develop critical thinking and mathematical skills. For teachers, there is a test bank and solutions manual plus an instructor's manual. Authors Ray Garrison, Eric Noreen, and Peter Brewer are all professors in prestigious universities as well as experienced writers. Garrison also wrote Introduction to Managerial Accounting, Managerial Accounting for Managers, Working Papers to Accompany Managerial Accounting, and Student Workbook/Study Guide to Accompany Managerial Accounting.