Horngren's Financial & Managerial Accounting, The Managerial Chapters, Global Edition
Pearson Education Limited (Verlag)
978-1-292-41233-7 (ISBN)
Features
Chapter Openers present relatable stories that set up the concepts to be covered in the chapter. Students then learn the implications of those concepts on a company's reporting and decision-making processes.
Common Questions, Answered is rooted in the authors' teaching experiences over the years, and offers additional help with patterns and rules that consistently confuse students. Located in the text's margin next to where the answer or clarification can be found, they help students better understand difficult concepts.
Instructor Tips & Tricks throughout the text mimic the experience of having an experienced teacher walk a student through concepts on the board. Many include mnemonic devices or examples to help students remember the rules of accounting.
Effects on the Accounting Equation illustrations help students see connections between transactions, as well as how transactions fit into the bigger picture. Located next to every journal entry, they reinforce the connections between recording a transaction and the effect those transactions have on the accounting equation.
Try It! boxes found after each learning objective and at the end of the chapter give students the opportunity to apply the concepts they've just learned by completing an accounting problem.
Things You Should Know provide students with a brief review of each learning objective presented in a question and answer format, helping to prepare them for exams.
Decisions Boxes highlight common questions that business owners face, prompting students to determine the course of action they would take based on concepts covered in the chapter.
Comprehensive Problems, located in select interrelated chapters, help students make connections between topics.
Chapters 1-5 discusses fundamental managerial accounting concepts: job ordering, process costing, cost management systems, and cost-volume-profit analysis.
Chapters 7-9 explores planning and control decisions for a manufacturing company, including a master budget, flexible budget, variance analysis, and performance evaluation.
Chapters 10-11 reviews decision making, both short-term business decisions and capital budgeting decisions
New to this edition
Data and research, including any years and numbers as they relate to real companies (such as Kohl's and Target), ensures students have relevant examples to help them engage with the course.
Discussions of important concepts and calculations help students to better understand the material. They include:
Chapter 1 'Introduction to Managerial Accounting' offers updated info on the IMA Statement of Ethical Professional Practices to reflect changes made by IMA on July 1, 2017.
Chapter 2 'Job Order Costing' has a new Learning Objective for calculating Cost of Goods Manufactured and Cost of Goods Sold for easier teaching, learning, and assessment activities.
Chapter 8 'Flexible Budgets and Standard Cost Systems' includes updated direct materials calculations (i.e., cost vs. efficiency variance), so that inputs do not equal outputs.
Employability coverage throughout the text looks at professional certifications that management accountants can obtain, such as Certified Management Accountant (CMA) and Chartered Global Management Accountant (CGMA), and highlights the importance of these credentials in today's job market.
Data Analytics in Accounting features highlight real companies that are now using data analytics to track inventory, monitor cash flow, forecast sales, and maximise profits. Also discussed are advances in technology, including robotic process automation and artificial intelligence, and how they relate to the work management accountants perform.
Key Terms focus on the concepts central to students' learning, including Lean Management System, Relevant and Irrelevant Revenue, and more.
Check Your Understanding boxes let students gauge their comprehension of the material and have been updated to include new accounts introduced under the Revenue Recognition Standard.
Tying It All Together boxes tie together key concepts from the chapter using the company highlighted in the chapter opener. The in-chapter box presents scenarios and questions that the company could face and focuses on the decision-making process. The end-of-chapter business case helps students synthesise the concepts of the chapter and reinforce critical thinking. Updates to the 7th edition includes discussion of how companies are using zero-based budgeting (chapter 7).
End-of-chapter problems and exercises help students build skills to analyse and interpret information and apply reasoning and logic to new or unfamiliar ideas and situations. Updates include:
an exercise on the triple bottom line (chapter 1).
an exercise on completing job cost sheets (chapter 2).
updated labor costs to $10 per hour (chapter 8).
Tracie L. Miller-Nobles, CPA, received herbachelor’s and master’s degrees in accounting from Texas A&M University andis currently pursuing her PhD in adult learning also at Texas A&MUniversity. She is an Associate Professor at Austin Community College, Austin,TX. Previously she served as a Senior Lecturer at Texas State University, SanMarcos, TX, and has served as department chair of the Accounting, Business,Computer Information Systems, and Marketing/Management department at AimsCommunity College, Greeley, CO. In addition, Miller-Nobles has taught as anadjunct professor at University of Texas and has public accounting experiencewith Deloitte Tax LLP and Sample & Bailey, CPAs. Miller-Nobles is arecipient of the Texas Society of CPAs Rising Star Award, TSCPAs OutstandingAccounting Educator Award, NISOD Teaching Excellence Award and the AimsCommunity College Excellence in Teaching Award. She is a member of the Teachersof Accounting at Two Year Colleges, the American Accounting Association, theAmerican Institute of Certified Public Accountants, and the Texas State Societyof Certified Public Accountants. She is currently serving on the Board ofDirectors as secretary/webmaster of Teachers of Accounting at Two YearColleges, as a member of the American Institute of Certified Public Accountantsnominations committee, and as chair of the Texas Society of CPAs Relations withEducation Institutions committee. In addition, Miller-Nobles served on theCommission on Accounting Higher Education: Pathways to a Profession. She has spoken onsuch topics as using technology in the classroom, motivating non-businessmajors to learn accounting, and incorporating active learning in the classroomat numerous conferences. In her spare time she enjoys spending time with herfriends and family and camping, kayaking, and quilting. Brenda L. Mattison has a bachelor’s degreein education and a master’s degree in accounting, both from Clemson University.She is currently an Accounting Instructor at Tri-County Technical College inPendleton, South Carolina. Mattison previously served as Accounting ProgramCoordinator at TCTC and has prior experience teaching accounting at RobesonCommunity College, Lumberton, North Carolina; University of South CarolinaUpstate, Spartanburg, South Carolina; and Rasmussen Business College, Eagan,Minnesota. She also has accounting work experience in retail and manufacturingbusinesses. Mattison is amember of Teachers of Accounting at Two Year Colleges and the AmericanAccounting Association. She is currently serving on the board of directors asVice President of Conference Administration of Teachers of Accounting at TwoYear Colleges. Mattison previously served as Faculty Fellow at Tri-CountyTechnical College. She has presented at several conferences on topics includingactive learning, course development, and student engagement. In her spare time, Mattison enjoys reading and spending time withher family. She is also an active volunteer in the community, serving herchurch and other organizations.
1. Introductionto Managerial Accounting
2. Job Order Costing
3. Process Costing
4. Lean Management Systems: Activity-Based, Just-in-Time, and QualityManagement Systems
5. Cost-Volume Profit Analysis
6. Variable Costing
7. Master Budgets
8. Flexible Budgets and Standard Cost Systems
9. Responsibility Accounting and Performance Evaluation
10. Short-Term Business Decisions
11. Capital Investment Decisions
Appendix A: PresentValue Tables and Future Value Tables
Appendix B: The Statement of Cash Flows
Appendix C: Financial Statement Analysis
| Erscheinungsdatum | 31.08.2021 |
|---|---|
| Verlagsort | Harlow |
| Sprache | englisch |
| Maße | 215 x 276 mm |
| Gewicht | 1660 g |
| Themenwelt | Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung |
| ISBN-10 | 1-292-41233-X / 129241233X |
| ISBN-13 | 978-1-292-41233-7 / 9781292412337 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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