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Managerial Accounting: Tools for Business Decision Making
 
 
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Managerial Accounting: Tools for Business Decision Making [Hardcover]

Jerry J. Weygandt (Author), Paul D. Kimmel (Author), Donald E. Kieso (Author)
4.3 out of 5 stars  See all reviews (12 customer reviews)

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Book Description

0470117265 978-0470117262 October 26, 2007 4
From the leading accounting author team of Weygandt, Kimmel and Kieso, this new edition of Managerial Accounting gives readers the tools they need to succeed, whether as accountants or in other career paths. The book helps build their decision-making skills and understand how to use accounting information to make quality business decisions. The third edition also continues the tradition of unparalleled accessibility by breaking difficult or complicated processes down into manageable, understandable steps.

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From the Back Cover

Success in Accounting is just a click away...

With WileyPLUS, students and instructors will experience success in the classroom.

When students succeed-when they stay on-task and make the breakthrough that turns confusion into confidence-they are empowered to realize the possibilities for greatness that lie within each of them. Our goal is to create an environment where students reach their full potential and experience the exhilaration of academic success that will last them a lifetime. WileyPLUS helps to reach that goal.

WileyPLUS is an online suite of resource-including the complete text-that will help students:

  • Come to class better prepared for lectures
  • get immediate feedback and context-sensitive help on assignments and quizzes
  • track progress throughout the course

About the Author

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.


Product Details

  • Hardcover: 768 pages
  • Publisher: Wiley; 4 edition (October 26, 2007)
  • Language: English
  • ISBN-10: 0470117265
  • ISBN-13: 978-0470117262
  • Product Dimensions: 10.8 x 8.8 x 1.3 inches
  • Shipping Weight: 3.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (12 customer reviews)
  • Amazon Best Sellers Rank: #19,455 in Books (See Top 100 in Books)

More About the Author

Donald E. Kieso, PhD, CPA, received his bachelor's degree from Aurora University and his doctorate in accounting from the University of Illinois. He is currently the KPMG Peat Marwick Emeritus Professor of Accounting 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 post-doctorate 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 is currently serving on the Board of Trustees and Executive Committee of Aurora University, as a member of the Board of Directors of Castle BancGroup Inc., and as Treasurer and Director of Valley West Community Hospital.

 

Customer Reviews

12 Reviews
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Average Customer Review
4.3 out of 5 stars (12 customer reviews)
 
 
 
 
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1 of 1 people found the following review helpful:
5.0 out of 5 stars Best textbook I've used, November 25, 2010
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vigilant20 (West Allis, WI USA) - See all my reviews
This review is from: Managerial Accounting: Tools for Business Decision Making (Hardcover)
Expensive book, but I was impressed with the layout and how easily I was able to learn with it. Study objectives are outlined at the beginning of each chapter, pointed out when they are discussed, and defined at the end so important topics are not missed. Formulas are boxed off for ease in locating and there are plenty of helpful illustrations. Each section of the text ends with a "Before You Go On" box that asks you several questions to ensure you picked up the key points.

There are lots of case studies, self-study questions, and exercises to help you understand the material more thoroughly. Although I'm taking this after work during a short summer semester so I haven't had the opportunity to take advantage of them.

My professor is using the WileyPlus material as well. So all of the questions on the tests are answered online and are directly from the publisher. It appears the powerpoints she lectures off of are supplied as well, so nothing is missed and there are no curveballs on the exams.
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5.0 out of 5 stars Very Happy, September 25, 2011
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This review is from: Managerial Accounting: Tools for Business Decision Making (Hardcover)
Ordering the book was a bit of a challenge in that the price changed 3 or 4 times while I was looking around. But once I selected it, the rest was easy. the book arrived in a timely manner and is in great condition. Thanks for a great experience.
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5.0 out of 5 stars Easy to understand!, February 6, 2011
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This review is from: Managerial Accounting: Tools for Business Decision Making (Hardcover)
I am an accounting major, so I have been through a lot of accounting books and this one was the easiest to understand. It definitely gave me the foundations I needed for my other accounting classes.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
process inventory, financial statement analysis, budgetary planning, assembly department, demonstration problem, manufacturing summary, chip division, flexible budgets, packaging department, machining department, indoor plant, employee evaluation, alpha products, home appliance division, cost reconciliation schedule, fixed manufacturing overhead costs, minimum transfer price, controllable fixed costs, job order cost system, variable manufacturing overhead costs, activity cost pools, overhead controllable variance, production cost report, framed print items, overhead budget report
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Wall Décor, Evaluate Results, Raw Materials Inventory, Finished Goods Inventory, Wall Street Journal, Instructions Prepare, Cost-Volume-Profit Analysis, Sole Division, Broadening Your Perspective, Student Companion, Vargo Video, United States, Action Plan, Penney Company, Self-Study Questions, Boot Division, Hayes Company, Additional Self-Study, Problem Set, Exercise Set, Brief Exercises, Waterways Problem, New Wave, Quality Department Store, Equity Accounts
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