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.
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.
Chapter 1: Managerial Accounting and the Business and 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: Service Department Costing: An Activity Approach Chapter 16: "How Well Am I Doing?" Statement of Cash Flows Chapter 17: "How Well Am I Doing?" Financial Statement Analysis Appendix A: Pricing Products and Services Appendix B: Profitability Analysis
Ray H. Garrison is emeritus Professor of Accounting at Brigham Young University, Provo, Utah. He received his B.S. and M.S. degrees from Brigham Young University and his D.B.A. degree from Indiana University. As a certified public accountant, Professor Garrison has been involved in management consulting work with both national and regional accounting firms. He has published articles in The Accounting Review, Management Accounting, and other professional journals. Innovation in the classroom has earned Professor Garrison the Karl G. Maeser Distinguished Teaching Award from Brigham Young University. Eric W. Noreen is a globe trotting academic who has held appointments at institutions in the United States, Europe, and Asia. He is currently Professor of Accounting at the University of Washington and Visiting Price Waterhouse Professor of Management Information & Control at INSEAD, an international graduate school of business located in France.He received his B.A. degree from the University of Washington and MBA and Ph.D. degrees from Stanford University. A Certified Management Accountant, he was awarded a Certificate of Distinguished Performance by the Institute of Certified Management Accountants.
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