Managerial Accounting Garrison 10th Edition

[Brayan Jacobsen]

Welcometo the Tenth Edition of Managerial Accounting with Data Analytics. Our book presents managerial accounting in the context of a big-picture, decision-oriented, business setting. It integrates traditional coverage with contemporary topics and does so with an eye toward the general business student because a book is not useful if it is not read. An overriding aim of our book is to engage students to read further and understand the materials presented.

Managerial accounting focuses on using financial and nonfinancial information by managers and associates of a firm to make strategic, organizational, and operational decisions. Our book provides a framework for identifying and analyzing decision alternatives and for evaluating success or failure in accomplishing such organizational goals. Although accountants are important in the managerial accounting process, managerial accounting is more about managerial tools than processes. In our era of global competition, continuous improvement, process reengineering, and employee empowerment, the tools of managerial accounting are used by decision makers at all levels, rather than just by managers."

We emphasize the use of managerial accounting information for decision-making within the context of organizational strategy. The organization and content of our book reflect our belief that students who understand the big picture are better learners, are better decision-makers, and are better able to apply what they learn.

Each chapter opens with a grid that identifies each learning objective for thechapter, the related pages, eLecture and Guided Example videos, and end-of-chapterassignments. This allows students and faculty to quickly grasp the chapter contentsand to efficiently navigate to the desired topic.

Students appreciate and become more engaged when they can see the real-world relevance of what they are learning in the classroom. We have included a generous number of critical thinking and decision-making questions throughout each chapter. We feel that it is important for students to realize that there is not always one single correct answer for managerial type questions. The following is a representative example:

Managerial ethics receives extensive coverage in this edition.For example, ethics is introduced in the context of the role of management accountantsin Chapter 1 in Assignments asking questions that require ethical problemsolving are included at the end of each chapter, marked with an ethics icon inthe margin.

The Certified Management Accountant (CMA) is aprofessional certification administered by the Institute of Management Accountants(IMA). The purpose of the CMA certificate is to prepare accountantsto be strategic thinkers and to analyze data in order to make better business decisions.We include past CMA questions at the end of each chapter. These questions will helpstudents experience how concepts are applied in realistic business situationsand give them an advantage if they choose to pursue a career in management accountingand become a CMA. CMA questions are identified by a CMA icon in the margin.

Excellent assignment material is a must-have component of any successfultextbook (and class). We went to great lengths to create the best assignments possible.We tried to include assignments that reflect our belief that students shouldbe trained in analyzing accounting information to make business decisions, as opposedto working on mechanical computations. Assignments encourage students to analyze accounting information, interpret it, and apply the knowledge gained to a businessdecision. There are five categories of assignments: Questions, Mini Exercises, Exercises,Problems, and Cases and Projects. The following is a representative example:

myBusinessCourse: A web-based learning and assessment program intended to complement your textbook and classroom instruction. This easy-to-use course management system grades homeworkautomatically and provides students with additional help when you are not available.In addition, detailed diagnostic tools assess class and individual performance. myBusinessCourse is ideal for online courses or traditional face-to-face coursesfor which you want to offer students more resources to succeed. Assignments with the MBC Homework icon in the margin are available in myBusinessCourse. eLecture videos are available for the chapter Learning Objectives, and the Guided Examples for the in-chapter Reviews are available for you to assign to students.

Susan L. Kulp is Professor of Accountancy at the George Washington University School of Business. She received her Ph.D. at Stanford University. Before joining the George Washington University faculty, Professor Kulp was a faculty member at Harvard Business School.

Professor Kulp has taught managerial accounting to undergraduate, MBA, online MBA, and executive MBA

students. Additionally, she teaches financial accounting to online MBA students. Professor Kulp has won several teaching awards.

Our eBook is browser-based and it is our goal to support the widest selection of devices available, from desktops, laptops, tablets, and smartphones. We constantly test and work to improve our eBook compatibility on as many devices as possible. We recommend that you upgrade your browser to the latest version and we encourage you to test and preview our eBook on your device before purchasing.

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