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Managerial Accounting

Managerial Accounting - 6th edition

ISBN13: 978-1118096895

Cover of Managerial Accounting 6TH 12 (ISBN 978-1118096895)
ISBN13: 978-1118096895
ISBN10: 1118096894
Cover type: Hardback
Edition/Copyright: 6TH 12
Publisher: John Wiley & Sons, Inc.
Published: 2012
International: No

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Managerial Accounting - 6TH 12 edition

ISBN13: 978-1118096895

Jerry J. Weygandt

ISBN13: 978-1118096895
ISBN10: 1118096894
Cover type: Hardback
Edition/Copyright: 6TH 12
Publisher: John Wiley & Sons, Inc.

Published: 2012
International: No
Summary

Weygandt, Managerial Accounting, 6th Edition gives students the tools they need to succeed, whether as accountants or in other career paths. The authors present the fundamental concepts of managerial accounting in an easy-to-understand fashion in a decision-making framework for a one semester, undergraduate managerial accounting course.

With an expanded emphasis on student learning, Weygandt Managerial Accounting 6th Edition demonstrates how invaluable management accounting information is to business decision-making. The author team of Weygandt, Kimmel, and Kieso provide students with pedagogy that helps develop decision-making skills, so students can be successful as future business professionals.

Students using Weygandt Managerial Accounting, 6th Edition with WileyPLUS take more initiative in their learning so you'll have a greater impact in the classroom.

Author Bio

Jerry J. Weygandt, PhD, CPA, is Arthur Andersen Alumni Professor of Accounting at the University of Wisconsin-Madison. He holds a Ph.D. in accounting from the University of Illinois. Articles by Professor Weygand have appeared in the Accounting Review. Journal of Accounting Research, Accounting Horizons, Journal of Accountancy, and Other academic and professional journals. These articles have examined such financial reporting issues as accounting for price-level adjustments, pensions, convertible securities, stock option contracts, and interim reports. Professor Weygandt is author of other accounting and financial reporting books and is a member of the American Accounting Associations, the American Institute of certified Public Accountants, and the Wisconsin Society of Certified Public Accountants. He has served on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served as President and Secretary-Treasurer of the American Accounting Association. In addition, he has been actively involved with the American Institute of Certified Public Accountants and has been a member of the Accounting Standards Executive Committee (AcSEC) of that organization. He has served on the FASB task force that examined the reporting issues related to accounting for income taxes and served as a trustee of the Financial Accounting Foundation, Professor Weygand has received the Chancellor's Award for Excellence in Teaching and the eta Gamma Sigma Dean's Teaching Award. He is on the board of directors of M & I Bank of Southern Wisconsin. He is the recipient of the Wisconsin Institute of CPA's Outstanding Educator's Award and the Lifetime Achievement Award. In 2001, he received the American Accounting Association's Outstanding Accounting Educator Award.

Paul D. Kimmel, PhD, CPA, received his bachelor's degree from the University of Minnesota and his doctorate in accounting from the University of Wisconsin. He is an Associate Professor at the University of Wisconsin. He is an Associate Professor at the University of Wisconsin- Milwaukee, and has public accounting experience with Deloitte & Touche (Minneapolis). He was the recipient of the UWM School of Business Advisory Council Teaching Award, the Reggie Taite Excellence in Te4aching Award. and a three-time winner of the Outstanding Teaching Assistant Award at the University of Wisconsin. He is also a recipient of the Elijah Watts Sells Award for Honorary Distinction for his results on the CPA exam. He is a member of the American Accounting Association and the Institute of Management Accountants and has published articles in Accounting Review, Accounting Horizons, Advances in Management Accounting, Managerial Finance, Issues in Accounting Education, Journal of Accounting Education, as well as other journals. His research interest include accounting for financial instruments and innovation in accounting education. He has published papers and given numerous talks on incorporating critical thinking into accounting education, and helped prepare a catalog of critical thinking resources for the Federated Schools of Accountancy.

Donald E. Kieso, PhD, CPA, received his bachelor's degree from Aurora University and his doctorate in accounting from the University of Illinois. He has served as chairman of the Department of Accountancy and is currently the KPMG Emeritus Professor of Accountancy at Northern Illinois University. He has public accounting experience with Price Waterhouse & Co. (San Francisco and Chicago) and Arthur Andersen & Co. (Chicago) and research experience with the research Division of the American Institute of Certified Public Accountants (New York). He has done postdoctorate work as a Visiting Scholar at the University of California at Berkeley and is a recipient of NIU's Teaching Excellence Award and four Golden Apple Teaching Awards, Professor Kieso is the author of other accounting and business books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Illinois CPA Society. He has served as a member of the Board of Directors of the Illinois CPA Society, the AACSB's Accounting Accreditation Committees, the State of Illinois Comptroller's Commission, as Secretary-Treasurer of the Federation of Schools of Accountancy, and as Secretary-Treasurer of the American Accounting Board of Trustees and Executive Committee of Aurora University, as a member of the Board of Directors of Kishwaukee Community Hospital, and as Treasurer and Director of Valley West Community Hospital. From 1989 to 1993 he served as a charter member of the national Accounting Education Change Commission. He is the recipient of the Outstanding Accounting Educator Award from the Illinois CPA Society, the FSA's Joseph A. Silvoso Award for Service to Higher Education, a Distinguished Service Award from the Illinois CPA Society, and in 20034 an honorary doctorate from Aurora University.

Table of Contents

Ch. 1 Managerial Accounting 2
Ch. 2 Job Order Cost Accounting 44
Ch. 3 Process Cost Accounting 88
Ch. 4 Activity-Based Costing 138
Ch. 5 Cost-Volume-Profit Relationships 186
Ch. 6 Budgetary Planning 228
Ch. 7 Budgetary Control and Responsibility Accounting 270
Ch. 8 Performance Evaluation Through Standard Costs 320
Ch. 9 Incremental Analysis 364
Ch. 10 Capital Budgeting 398
Ch. 11 Pricing Decisions 434
Ch. 12 The Statement of Cash Flows 478
Ch. 13 Financial Analysis: The Big Picture 548
App. A Specimen Financial Statements: Tootsie Roll Industries, Inc.
App. B Specimen Financial Statements: Hershey Foods Corporation
App. C Time Value of Money
App. D Ethical Standards
Cases for Management Decision Making
Photo Credits
Company Index
Subject Index