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
I found the examples interesting, complete, and not overly simplified, while not being so complex that students become lost in them. They were very well prepared and well written.
The Ethics boxes in particular caught my interest. They all contained scenarios unlike the usual ethical problems in textbooks, where the dilemma is almost obvious, and the students can (very self righteously) say that "of course" they'd do the right thing.
I like the changes to the exercises section. It seems there are plenty of small exercises that demonstrate the key learning objectives.
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.
The Ethics boxes in particular caught my interest. They all contained scenarios unlike the usual ethical problems in textbooks, where the dilemma is almost obvious, and the students can (very self righteously) say that "of course" they'd do the right thing.
I like the changes to the exercises section. It seems there are plenty of small exercises that demonstrate the key learning objectives.
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.
About the Author
Steve Jackson, C.P.A., is an Associate Professor at The University of Southern Mississippi. He earned a Ph.D. from Arizona State University and a B.S. from the University of Montana.
Professor Jackson has published articles in such refereed journals as Journal of Accounting and Finance Research, Journal of Economic and Social Measurement, Journal of Economic and Business Perspectives, Journal of Business and Economic Research, Accounting Educators Journal, and Journal of Accountancy. His research interests are in accounting education and behavioral issues in Ethics and Auditing. He has more than 23 years of teaching experience and has held faculty positions at Northern Arizona University, Western New England College, the University of Southern Maine, the University of Tennessee at Martin, where he held the Hendrix Chair of Excellence and Loyola University New Orleans, where he was the chairman of the accounting department.
Professor Jackson has received numerous teaching awards, including three excellence-in-teaching awards while a doctoral student at Arizona State University. He was named outstanding faculty member by the University of Southern Mississippi Gulf Coast Accounting Society. He was the recipient of the Faculty Senate Intellectual Contributions award while at the University of Southern Maine and the Excellence in Research award at the University of Tennessee at Martin.
Dr. Jackson¿s professional activities include membership in the American Institute of Certified Public Accountants, the American Accounting Association, the Institute of Management Accountants, and the Institute of Internal Auditors. He is a former staff accountant with Touche Ross & Co. in Seattle and has more than 12 years of public accounting experience.
Professor Jackson and his wife Cheryl live in D¿Iberville, Mississippi. They have three grown children, Christina, Kent, and Benjamin, and two grandchildren, Charles and Elise.
Roby Sawyers, C.M.A., C.P.A., is Professor of Accounting at North Carolina State University. He earned a Ph.D. from Arizona State University, a Master of Accountancy from the University of South Florida, and a B.S.B.A. from the University of North Carolina at Chapel Hill. In addition to serving on the faculty at NC State since 1989, Dr. Sawyers has served as a visiting professor in the International Management Program at the IESEG School of Management, Catholic University, Lille, France, the Vienna School of Economics and Business (Wirtschaftsuniversitat Wien), and Kenan Flagler Business School at the University of North Carolina at Chapel Hill. He has also taught or developed a variety of continuing education courses for the American Institute of CPAs (AICPA), the Institute of Management Accountants, McGladrey and Pullen, BDO Seidman, and PricewaterhouseCoopers. He has received awards for both outstanding teaching and outstanding extension service from the College of Management at North Carolina State University.
Professor Sawyers has published articles in a variety of journals, including Journal of Accountancy, Journal of Business Ethics, and Journal of the American Taxation Association. He is a contributing author of Advanced Business Entity Taxation, and the author of Strategic Cost Management in the Handbook for International Business. He was the primary author of a monograph on the future of the estate tax, published by the AICPA in 2001.
Professor Sawyers' professional activities include membership in the American Accounting Association, the Institute of Management Accountants, and the American Taxation Association. He currently serves on the Tax Executive Committee of the AICPA and formerly served as the chair of the AICPA Trust, Estate and Gift Tax Technical Resource Panel. Professor Sawyers lives with his wife and daughter in Raleigh, North Carolina. --This text refers to an out of print or unavailable edition of this title.
Professor Jackson has published articles in such refereed journals as Journal of Accounting and Finance Research, Journal of Economic and Social Measurement, Journal of Economic and Business Perspectives, Journal of Business and Economic Research, Accounting Educators Journal, and Journal of Accountancy. His research interests are in accounting education and behavioral issues in Ethics and Auditing. He has more than 23 years of teaching experience and has held faculty positions at Northern Arizona University, Western New England College, the University of Southern Maine, the University of Tennessee at Martin, where he held the Hendrix Chair of Excellence and Loyola University New Orleans, where he was the chairman of the accounting department.
Professor Jackson has received numerous teaching awards, including three excellence-in-teaching awards while a doctoral student at Arizona State University. He was named outstanding faculty member by the University of Southern Mississippi Gulf Coast Accounting Society. He was the recipient of the Faculty Senate Intellectual Contributions award while at the University of Southern Maine and the Excellence in Research award at the University of Tennessee at Martin.
Dr. Jackson¿s professional activities include membership in the American Institute of Certified Public Accountants, the American Accounting Association, the Institute of Management Accountants, and the Institute of Internal Auditors. He is a former staff accountant with Touche Ross & Co. in Seattle and has more than 12 years of public accounting experience.
Professor Jackson and his wife Cheryl live in D¿Iberville, Mississippi. They have three grown children, Christina, Kent, and Benjamin, and two grandchildren, Charles and Elise.
Roby Sawyers, C.M.A., C.P.A., is Professor of Accounting at North Carolina State University. He earned a Ph.D. from Arizona State University, a Master of Accountancy from the University of South Florida, and a B.S.B.A. from the University of North Carolina at Chapel Hill. In addition to serving on the faculty at NC State since 1989, Dr. Sawyers has served as a visiting professor in the International Management Program at the IESEG School of Management, Catholic University, Lille, France, the Vienna School of Economics and Business (Wirtschaftsuniversitat Wien), and Kenan Flagler Business School at the University of North Carolina at Chapel Hill. He has also taught or developed a variety of continuing education courses for the American Institute of CPAs (AICPA), the Institute of Management Accountants, McGladrey and Pullen, BDO Seidman, and PricewaterhouseCoopers. He has received awards for both outstanding teaching and outstanding extension service from the College of Management at North Carolina State University.
Professor Sawyers has published articles in a variety of journals, including Journal of Accountancy, Journal of Business Ethics, and Journal of the American Taxation Association. He is a contributing author of Advanced Business Entity Taxation, and the author of Strategic Cost Management in the Handbook for International Business. He was the primary author of a monograph on the future of the estate tax, published by the AICPA in 2001.
Professor Sawyers' professional activities include membership in the American Accounting Association, the Institute of Management Accountants, and the American Taxation Association. He currently serves on the Tax Executive Committee of the AICPA and formerly served as the chair of the AICPA Trust, Estate and Gift Tax Technical Resource Panel. Professor Sawyers lives with his wife and daughter in Raleigh, North Carolina. --This text refers to an out of print or unavailable edition of this title.
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2.0 out of 5 stars
Meh...,
By Leicester Dedlock (Ames, IA United States) - See all my reviews
This review is from: Managerial Accounting: A Focus on Ethical Decision Making (Hardcover)
This book is essentially an introductory managerial accounting book which purports to be an undergraduate text but is really at a high school level. As promised, it has an "easy-to-understand presentation" and uses a "hands-on learning approach". The book is clear in its presentation, it does a good job at providing plenty of easy-to-read tables, and it uses plenty of real-world applications as examples. However, it is extremely lacking in depth. Instead of providing you with a large quantity of useful, practical information, it gives you a small amount of that information and just a taste of what the field is about. After I finished it, I was left with an idea of what Managerial Accounting is about, but I was still rather ignorant regarding the details. I wouldn't recommend for professors to use this as a main textbook in any class, but it might work as a "suggested reading" for students who are having some difficulty with the more depthful textbook that you should be using.
3.0 out of 5 stars
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This review is from: Managerial Accounting: A Focus on Ethical Decision Making (Hardcover)
I was in a pinch when I ordered this book. I needed it for a class that was starting within a week. The issue was I thought I already had the right book for my class. A week before class one of my cohort members showed me their book and I discovered I had the wrong one due to a recent book change. I placed the order for this book (the correct one), communicated that I needed the book ASAP (and paid for expedited shipping), contacted the dealer direct and let her know the situation. A book arrived but it was not the one that I ordered. Not even close to the subject or author that I ordered. They picked the incorrect one by mistake. I contacted the dealer, explained the situation via email which was frustrating that there was no phone number and asked that the correct one get mailed immediately. She did oblige and I received my book after the class started. Luckily the first assignment that was due the first day of class was postponed to the second week. The good news is I got the correct book eventually, just not when I wanted it. The bummer is I did not get any discount for shipping or anything.
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By Brendyn D. Gronewoller "disgruntled customer" (winston-salem, NC USA) - See all my reviews (REAL NAME)
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This review is from: Managerial Accounting: A Focus on Ethical Decision Making (Hardcover)
Sent me a different edition than what was advertised. Will never use amazon.com for textbooks ever again. I can find them cheaper at other places anyway. You all need to get your editions straight and stop selling the wrong ones.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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cost terminology, product costing, financial statement analysis, summary cash budget, ideal versus practical standards, cash receipts budget, segmented income statements, nonfinancial budgets, flexible budget amount, cash disbursements budget, average operating assets, total prevention costs, direct labor rate variance, fixed manufacturing overhead costs, projected ending inventory, quadruple lift, grip division, total appraisal costs, variable overhead spending variance, minimum transfer price, computing equivalent units, manufacturing cycle efficiency, plantwide overhead rate, using variable costing, many equivalent units Key Phrases - Capitalized Phrases (CAPs): (learn more)
Key Concept, Wall Street Journal, Birdie Maker, United States, Happy Daze, Robyn's Boutique, Multiple Choice, The Use of Budgets, Northern Lights, Manufacturing Processes, Tina's Fine Juices, Sunset Airlines, Ace Putters, Cost Flows, Foggy Mountain, The Roles of Managerial Accounting Information, Corinne's Country Rockers, Performance Evaluation Using the Balanced Scorecard, Big Al, Managerial Decision Making, Making Decision, Amber Valley, Pizza Emporium, Operations Costing, Systems Division Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
cost terminology, product costing, financial statement analysis, summary cash budget, ideal versus practical standards, cash receipts budget, segmented income statements, nonfinancial budgets, flexible budget amount, cash disbursements budget, average operating assets, total prevention costs, direct labor rate variance, fixed manufacturing overhead costs, projected ending inventory, quadruple lift, grip division, total appraisal costs, variable overhead spending variance, minimum transfer price, computing equivalent units, manufacturing cycle efficiency, plantwide overhead rate, using variable costing, many equivalent units Key Phrases - Capitalized Phrases (CAPs): (learn more)
Key Concept, Wall Street Journal, Birdie Maker, United States, Happy Daze, Robyn's Boutique, Multiple Choice, The Use of Budgets, Northern Lights, Manufacturing Processes, Tina's Fine Juices, Sunset Airlines, Ace Putters, Cost Flows, Foggy Mountain, The Roles of Managerial Accounting Information, Corinne's Country Rockers, Performance Evaluation Using the Balanced Scorecard, Big Al, Managerial Decision Making, Making Decision, Amber Valley, Pizza Emporium, Operations Costing, Systems Division Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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