Recognizing that most students will pursue careers as managers not accountants, Managerial Accounting omits topics of less importance and concentrates on the key accounting concepts that managers need to understand in order to make successful, informed decisions. Managerial Accounting focuses attention on decision making through incremental analysis and performance measurement. Students are motivated to learn managerial accounting by connecting concepts and techniques to the real world; using real cases and real manager′s comments on real company issues. Students and instructors alike have praised this text′s clear and concise writing style, to–the–point discussions, illustrated ideas, and examples that are presented to make ideas concrete
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Make smart business decisions!
Recognizing that most students will become managers, and not accountants, Jiambalvo’s Managerial Accounting, Second Edition focuses on the knowledge and skills that managers need to make good business decisions. Students and instructors alike have praised the clear and concise writing style – discussions are to the point, ideas are illustrated, and examples are presented to make the ideas concrete.
Here’s how it works:
1. Present a new business decision–making framework.
Every chapter is linked to decision making with a feature called Making Business Decisions. The feature has a Knowledge and Skills Checklist that you can use off the concepts and techniques that you’ve learned in the chapter.
2. Emphasizes two key themes.
Jiambalvo focuses on two key themes that will help you in the business world: Incremental Analysis (the analysis of the differences in revenue and in costs between decision alternatives) and You Get What You Measure! (performance measures greatly influence the behaviors of managers).
3. Provides clear, current, and concise coverage.
The text addresses a wide number of current and emerging topics in managerial accounting, such as the balanced scorecard and economic value added (EVA). New chapters cover Variable Costing, Pricing Decisions, and Analyzing Financial Statements.
4. Connects concepts and techniques to the real world.
5. Includes a state–of–the–art CD–ROM and Web site, featuring:
PROFESSOR JAMES JIAMBALVO joined the accounting faculty at the University of Washington after receiving a Ph.D. in accounting from The Ohio State University. A CPA, he has audit experience with the firm of Haskins and Sells (now Deloitte & Touche), and has served on the national academic advisory board of Deloitte & Touche LLP. Professor Jiambalvo has served as chairman of the UW Accounting Department and he holds the PricewaterhouseCoopers and Alumni Endowed Professorship.
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