Managerial Accounting 8th edition (9780324188028) -
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Managerial Accounting

Managerial Accounting - 8th edition

Managerial Accounting - 8th edition

ISBN13: 9780324188028

ISBN10: 0324188021

Managerial Accounting by Carl S. Warren, James M. Reeve and Philip E. Fess - ISBN 9780324188028
Edition: 8TH 05
Copyright: 2005
Publisher: South-Western Publishing Co.
International: No
Managerial Accounting by Carl S. Warren, James M. Reeve and Philip E. Fess - ISBN 9780324188028

ISBN13: 9780324188028

ISBN10: 0324188021

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Don't manage with anything less . . . than the new edition of this managerial text from the authors of Accounting, 21e, the most successful college educational product of all time. Managerial Accounting, 8e combines basic concepts with a heavy dose of the real world to build the skills for effective management.


  • NEW!-Reporting and Analysis Boxes: Managerial Disclosure and Analysis boxes in each chapter describe a real company's managerial reports and analyses.
  • Communications Items: These activities help students develop communication skills that will be essential on the job, regardless of the fields they pursue.
  • Questions & Answers in the margin of the text help students check whether they understand what they've just read.
  • "Points of Interest": These margin notes offer insight into subjects of special interest to students, such as careers and current events.
  • "Real World Notes": J.C. Penney Co. and General Electric are just a couple of the familiar examples that provide a close-up look at how accounting operates in the marketplace. These examples are highlighted in the margin of the text.
  • "What Do You Think-": These exercises and activities let students speculate about the real-world effects of newly learned material.
  • "What's Wrong With This-": These innovative exercises challenge students to analyze and discover what is wrong with a financial report or a management decision.
  • Mid-chapter Summaries: Summaries within each chapter bring special attention to important points.
  • Self-Examination Questions: Consist of five multiple choice questions, with answers at the end of the chapter, to help students review and retain chapter concepts.
  • Exercises: An average of 25 completely revised exercises at the end of each chapter - more than any other text on the market - can be assigned or used as examples in the classroom. Most of these exercises focus on only one specific chapter objective.
  • Problems: Each chapter includes two full sets of completely revised problems for use as classroom illustrations, for assignments, for alternate assignments, or for independent studying. This edition features shortened problems to provide better focus on key chapter topics.
  • NEW!-"Who Am I-": Each chapter includes a "Motley Fool" box with intriguing clues about a real company. Students are challenged to identify the company and check their answer against the answer provided later in the chapter.
  • NEW!-"Integrity in Business": Boxes in each chapter describe real-world situations in which ethics, or the lack thereof, play an important role in business decision-making and financial results.
  • NEW!-"Spotlight on Strategy": Boxes at the end of each chapter utilize real business scenarios to illustrate the effects and importance of strategies for managers.
  • Technology-Assisted Learning: Warren/Reeve/Fess features a technology-based system that provides teaching and learning solutions in an interactive environment. The learning system consists of three elements: Web Tutor Advantage (on WebCT, Blackboard and non-platformspecific), Personal Trainer and the Product Web Site. Internet Activities launch students into accounting-related areas of the Worldwide Web's ever-expanding universe.
  • Illustrative Problem and Solution: A solved problem models one or more of a chapter's assignment problems, helping students make the most of the chapter and end-of-chapter materials.
  • Relevant Chapter Openers: The beginning of each chapter connects the student's own experiences to the chapter's topic. This tangible link is a great motivator.
  • Critical-Thinking and Decision-Making Activities: Students need to develop analytical abilities, not just memorize rules. These activities focus on understanding and solving issues. Some are presented as dialogues - a conversation in which students can "observe" and "participate" when they respond to the issue being discussed.
  • Team Building: Group Learning Activities let students learn accounting and business concepts while building teamwork skills.

Table of Contents

Table of Contents

1. Introduction to Managerial Accounting and Job Order Cost Systems.

2. Process Cost Systems.

3. Cost Behavior and Cost-Volume-Profit Analysis.

4. Profit Reporting for Management Analysis.

5. Budgeting.

6. Performance Evaluation Using Variances from Standard Costs.

7. Performance Evaluation for Decentralized Operations.

8. Differential Analysis and Product Pricing.

9. Capital Investment Analysis.

10. Cost Allocation and Activity-Based Costing.

11. Cost Management for Just-in-Time Environments.

12. Statement of Cash Flows.

13. FinancialStatement Analysis.

Appendix A. Interest Tables.

Appendix B. Codes of Professional Ethics for Accountants.

Appendix C. The Home Depot Annual Report.


Subject Index.

Company Index.