Managerial Accounting

by GARRISON

• ISBN13: 9780073526706
• ISBN10: 0073526703
• Edition: 12th
• Format: Hardcover
• Copyright: 2007-02-20
• Publisher: MCGRAW HILL HIGHER EDUCATION

Summary

As the long-time best-seller, Garrison has helped guide close to 2 million students through the challenging waters of managerial accounting since it was first published. It identifies the three functions managers must perform within their organizationsplan operations, control activities, and make decisionsand explains what accounting information is necessary for these functions, how to collect it, and how to interpret it. To achieve this, Managerial Accounting, 12/E, focuses, now as in the past, on three qualities:Relevance. Every effort is made to help students relate the concepts in this book to the decisions made by working managers. With insightful chapter openers, the popular Managerial Accounting in Action segments within the chapters, and stimulating end-of-chapter exercises, a student reading Garrison should never have to ask "Why am I learning this?"Balance. There's more than one type of business, and so Garrison covers a variety of business models, including not-for-profit, retail, service, and wholesale organizations as well as manufacturing. In the twelfth edition, service company examples are highlighted with icons in the margins of the text.Clarity. Generations of students have praised Garrison for the friendliness and readability of its writing, but that's just the beginning. Technical discussions have been simplified, material has been reordered, and the entire book carefully retuned to make teachingand learningfrom Garrison as easy as it can be. In addition, the supplements package is written by Garrison, Noreen, and Brewer, ensuring that students and professors will work with clear, well-written supplements that employ consistent terminology.

Table of Contents

Managerial Accounting and the Business and Environment

Cost Terms, Concepts, and Classifications

Systems Design: Job-Order Costing

Systems Design: Process Costing

Cost Behavior: Analysis and Use

Cost-Volume-Profit Relationships

Variable Costing: A Tool for Management

Activity-Based Costing: A Tool to Aid Decision Making

Profit Planning

Standard Costs and the Balanced Scorecard

Flexible Budgets and Overhead Analysis

Segment Reporting and Decentralization

Relevant Costs for Decision Making

Capital Budgeting Decisions

"How Well Am I Doing?" Statement of Cash Flows

"How Well Am I Doing?" Financial Statement Analysis

Pricing Products and Services

Profitability Analysis

Table of Contents provided by Publisher. All Rights Reserved.