Cornerstones of Managerial Accounting / Edition 2 available in Hardcover
Equip yourself with the managerial accounting knowledge you need to become a strong business leader with the unique integrated learning system in CORNERSTONES OF MANAGERIAL ACCOUNTING, 6E. Based on hundreds of conversations with students like you, the CORNERSTONES approach presents materials the way most future professionals learn best. The book demonstrates step-by-step calculations for solving business problems to help you establish a strong foundation in the basics quickly, before moving forward. You then transition to analyzing and applying managerial accounting concepts. Rather than focusing on concepts in isolation, the book and CengageNOW present accounting as a system-emphasizing how the end result changes based on how the numbers affect each other. CengageNOW for the 6th edition now also focuses on helping to help you become an informed business decision maker, with author-written Blueprint Problems, Analyzing Relationships Problems and a host of new questions related to using and analyzing Excel.
About the Author
Maryanne M. Mowen is associate professor of accounting at Oklahoma State University. She received her Ph.D. from Arizona State University. With degrees in economics and history, she brings a unique interdisciplinary perspective to teaching and writing in both cost accounting and management accounting. Her research interests include management accounting, behavioural decision theory, and Sarbanes-Oxley compliance, and she teaches an ethics course about the impact of Sarbanes-Oxley on the accounting profession. Mowen has published articles in journals such as Decision Science, Journal of Economic Psychology, and Journal of Management Accounting Research. She has also served as a consultant to mid-sized and Fortune 100 companies and works with corporate controllers on management accounting issues. Outside the classroom, she enjoys hiking, travelling, reading mysteries, and solving crossword puzzles. Don R. Hansen is professor of accounting at Oklahoma State University. He received his Ph.D. from the University of Arizona and has an undergraduate degree in mathematics from Brigham Young University. His research interests include activity-based costing and mathematical modelling. Hansen's published articles appear in The Accounting Review; Journal of Management Accounting Research; Accounting, Organizations, and Society; Accounting Horizons; and IIE Transactions.
Dr. Don R. Hansen is Professor Emeritus of Oklahoma State University. He has an undergraduate degree in mathematics from Brigham Young University. He received his Ph.D. from the University of Arizona in 1977. Dr. Hansen has published articles in both accounting and engineering journals, including The Accounting Review, The Journal of Management Accounting Research, Accounting Organizations and Society, Accounting Horizons, and IIE Transactions. He has served on the editorial board of The Accounting Review. His outside interests include family, church activities, reading, movies, and watching sports.
Dr. Dan L. Heitger is the Deloitte Professor of Accounting and Co-Director of the Center for Business Excellence at Miami University. He received his Ph.D. from Michigan State University and his undergraduate degree in accounting from Indiana University. He actively works with executives and students of all levels in developing and teaching courses in managerial accounting, business sustainability, risk management, stakeholder management, governance, and business reporting. He co-founded an organization that provides executive education for large international organizations. His interactions with business professionals, through executive education and the Center, allow him to bring a current and real-world perspective to his writing. His published research focuses on managerial accounting and risk management issues and has appeared in HARVARD BUSINESS REVIEW, BEHAVIORAL RESEARCH IN ACCOUNTING, ACCOUNTING HORIZONS, ISSUES IN ACCOUNTING EDUCATION, JOURNAL OF ACCOUNTANCY, and MANAGEMENT ACCOUNTING QUARTERLY. His outside interests include hiking with his family in the National Park system.
Table of Contents
1. Introduction to Managerial Accounting. 2. Basic Managerial Accounting Concepts. 3. Cost Behavior. 4. Cost-Volume-Profit Analysis: A Managerial Planning Tool. 5. Job-Order Costing. 6. Process Costing. 7. Activity-Based Costing and Management. 8. Absorption and Variable Costing, and Inventory Management. 9. Profit Planning. 10. Standard Costing: A Managerial Control Tool. 11. Flexible Budgets and Overhead Analysis. 12. Performance Evaluation and Decentralization. 13. Short-Run Decision-Making: Relevant Costing. 14. Capital Investment Decisions. 15. Statement of Cash Flows. 16. Financial Statement Analysis.