Items related to Managerial Accounting: A Focus on Decision Making
Synopsis
First and foremost, the emphasis of this managerial accounting text is decision making as opposed to number crunching. Additionally, this text is unique in its first-person, discovery learning approach using a 4-step decision-making model throughout. It truly conveys a management perspective, by including coverage of topics such as ABM, the value chain, and balanced scorecard evaluation techniques. It is also the first managerial text to incorporate coverage on knowledge management (Ch. 13), highlighting the latest developments for improved managerial decision making.
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Review
The 4-Step Decision Model is an excellent tool for developing my students' critical thinking skills while solving end-of-chapter problems. They can apply their hands-on experience using the model in other college classes and in their careers.
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