Managerial Accounting (11th Edition)
by Ray Garrison, Eric Noreen, Peter Brewer
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Book Summary Information
Author: Eric Noreen, Peter Brewer, Ray GarrisonEdition: Hardcover
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2004-12-08
ISBN: 0072834943
Number of pages: 880
Publisher: McGraw-Hill/Irwin
Accessories:
Book Reviews of Managerial Accounting (11th Edition)
Book Review: Comprehensive and Insightful
Summary: 5 Stars
This book provides a comprehensive coverage of various aspects of managerial accounting. The reader will appreciate the difference between managerial and financial accounting and is then guided step-by-step into the various facets of managerial accounting relevant to modern organizations.
The book is well written, well presented and has several useful and helpful examples that reinforces the concepts and ideas presented in the book. I found the book to be very practical and easy to read and understand. The book is a useful and handy reference for managers working in various firms including service, retail, manufacturing and non-profit organisations. Among the subjects covered include activity-based costing, target costing, the value chain, customer profitability analysis, job-order costing, budgeting and performance evaluation.
Overall, a useful and helpful book for managers in various organizations, students doing an MBA, studying accounting or business studies at undergraduate or postgraduate level.
Summary of Managerial Accounting (11th Edition)
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, 11/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 eleventh 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.Accounting Books
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