Managerial Accounting

Managerial Accounting

Ray H. Garrison Irwin/McGraw-Hill 12th Edition ISBN: 9780073526706
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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 organizations-plan operations, control activities, and make decisions—and 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 teaching—and learning—from 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.

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Table of Contents

  • Front Matter
  • Chapter 1 Managerial Accounting and the Business Environment
  • Chapter 2 Cost Terms, Concepts, and Classifications
  • Chapter 3 Systems Design: Job-Order Costing
  • Chapter 4 Systems Design: Process Costing
  • Chapter 5 Cost Behavior Analysis and Use
  • Chapter 6 Cost-Volume-Profit Relationships
  • Chapter 7 Variable Costing: A Tool for Management
  • Chapter 8 Activity-Based Costing: A Tool to Aid Decision Making
  • Chapter 9 Profit Planning
  • Chapter 10 Standard Costs and the Balanced Scorecard
  • Chapter 11 Flexible Budgets and Overhead Analysis
  • Chapter 12 Segment Reporting and Decentralization
  • Chapter 13 Relevant Costs for Decision Making
  • Chapter 14 Capital Budgeting Decisions
  • Chapter 15 “How Well Am I Doing?” Statement of Cash Flows
  • Chapter 16 “How Well Am I Doing?” Financial Statement Analysis
  • Back Matter

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