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Managerial Accounting: An Introduction to Concepts, Methods and Uses [Hardcover]

Michael W. Maher , Clyde P. Stickney , Roman L. Weil
3.4 out of 5 stars  See all reviews (13 customer reviews)

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Book Description

March 16, 2011 1111571260 978-1111571269 11
This classic MBA text balances managerial accounting coverage with a strong emphasis on management decision-making. Core managerial accounting concepts are combined with the latest cutting-edge material important to today's managers and decision makers. International issues within today's globalized business environment, the strategic effects of decisions, a focus on ethics that reflects this area of increasing scrutiny, and emphasis on new management accounting trends are highlighted. Numerous realistic examples and application problems emphasize process improvement and the integration of financial reporting issues for management decision-making. Managerial accounting tools help users understand the emerging service sector, government, and nonprofit organizations for ongoing business success.

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Managerial Accounting: An Introduction to Concepts, Methods and Uses + Operations and Supply Chain Management (Mcgraw-Hill / Irwin) + The Goal: A Process of Ongoing Improvement
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Editorial Reviews

Review

PART I: OVERVIEW AND BASIC CONCEPTS. 1. Fundamental Concepts. 2. Measuring Product Costs. 3. Activity-Based Management. PART II: MANAGERIAL DECISION MAKING. 4. Strategic Management of Costs, Quality, and Time. 5. Cost Drivers and Cost Behavior. 6. Financial Modeling for Short-Term Decision Making. 7. Differential Cost Analysis for Operating Decisions. 8. Capital Expenditure Decisions. PART III: MOTIVATING MANAGERS TO MAKE GOOD DECISIONS. 9. Profit Planning and Budgeting. 10. Profit and Cost Center Performance Evaluation. 11. Investment Center Performance Evaluation. 12. Incentive Issues. 13. Allocating Costs to Responsibility Centers. Appendix: Compound Interest Examples and Applications. Compound Interest and Annuity Tables. Glossary. Index.

About the Author

Michael W. Maher, Ph.D., is Professor of Management and Accounting and Associate Dean for Faculty at the Graduate School of Management at the University of California, Davis. He received his bachelor's degree in accounting from Gonzaga University and his MBA and Ph.D. from the University of Washington (Seattle). He has experience in public accounting, has co-managed his own business, and consulted with numerous companies and governmental bodies. Dr. Maher is active in the Management Accounting Section of the American Accounting Association, including service as president. He has co-authored numerous books and published articles in numerous journals.

Clyde P. Stickney is the Signal Companies' Professor of Management, Emeritus at the Amos Tuck School of Business Administration, Dartmouth College. He received his DBA from Florida State University and taught at the University of Chicago and the University of North Carolina at Chapel Hill before joining the Tuck School in 1977. He has also taught at business schools in Japan, Australia, Finland, and Germany. Prof. Stickney has authored and coauthored books on financial accounting, managerial accounting, and financial statement analysis.

Roman L. Weil, Ph.D., CPA, is the V. Duane Rath Professor Emeritus of Accounting at the University of Chicago and has within recent years been Visiting Professor at the Haas School of the University of California, Berkeley; Carnegie Mellon University; Harvard Law School; Princeton University; and New York University. He has designed and implemented continuing education programs for partners at two of the large accounting firms and for employees at several operating corporations. Dr. Weil has co-authored dozens of books. His lay articles have appeared in Barron's and The Wall Street Journal. He has published more than 80 articles in academic and professional journals, most recently on financial literacy for corporate governance and on the exposure of wine snobbery.

Product Details

  • Hardcover: 640 pages
  • Publisher: Cengage Learning; 11 edition (March 16, 2011)
  • Language: English
  • ISBN-10: 1111571260
  • ISBN-13: 978-1111571269
  • Product Dimensions: 11 x 8.8 x 1.2 inches
  • Shipping Weight: 3.6 pounds (View shipping rates and policies)
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (13 customer reviews)
  • Amazon Best Sellers Rank: #459,293 in Books (See Top 100 in Books)

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Customer Reviews

3.4 out of 5 stars
(13)
3.4 out of 5 stars
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Most Helpful Customer Reviews
3 of 3 people found the following review helpful
5.0 out of 5 stars Superbly written and excellent learning tool April 2, 2011
Format:Hardcover
As a professor who teaches this topic at both the undergraduate and graduate level, I feel that this text is without a doubt the most cleanly written and well thought-out text there is on this topic. While you might find books out there that are more comprehensive and attempt to cover more material, and ones that might delve into levels of detail and complication in terms of computations, there is simply none better in terms of readability. As a Socratic professor, this is KEY to having my students fully prepared for class.

If you are looking for a "how to" style book with a "preparer emphasis" however, I recommend you look elsewhere to something like Hansen, Noreen or Garrison. The focus on this book is DISTINCTIVELY critical thinking and problem solving concepts, which can be frustrating if you are looking for a "how to manual". Instead, this book focuses on the "why", and does leave more of the "how" to the student and professor than many others.

The book has a very conceptual approach and it's handling of both ethical AND cultural factors involved in the management accounting process is second to none.

For an MBA course looking for a superbly-written book that students can and will read, seeking to blend great conceptual content with the development of critical thinking skills and a true global impact, you simply cannot - and I repeat - cannot beat the new edition of this book - period.
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5.0 out of 5 stars Excellent service April 25, 2014
Format:Hardcover|Verified Purchase
Book was delivered promptly. The book condition was excellent. I rented my next book of Corporate Finance and am sure that the experience would be the same. Highly recommended.
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3.0 out of 5 stars Had no choice, the professor picked the book. April 5, 2014
Format:Hardcover|Verified Purchase
I have no opinion on the book, by reading the book I received an A in the class. This is a subjective review because the class pretty much followed the book, so the book was necessary to pass the class.
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5.0 out of 5 stars Interesting book March 9, 2014
Format:Hardcover|Verified Purchase
love the design and the content is about the managerial accounting
the book has plenty of exercises at the end of each chapter. worth looking at it
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5.0 out of 5 stars Great October 28, 2013
Format:Hardcover|Verified Purchase
had to return book as professor changed the book for course on first day of class. return process was swift and easy
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5.0 out of 5 stars Great text book October 11, 2013
By alaa
Format:Hardcover|Verified Purchase
it is a great book that has solution examples at the end of rhe book to the odd numbers of problems. Easy to understand and giid examples that let rhe ideas stuck in mind.
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1.0 out of 5 stars I hate this book! September 13, 2013
By Loc
Format:Hardcover|Verified Purchase
Hard to read, does not have enough sample problems. This text book is for people with an account background as an undergrad. If your undergrad is not accounting, this book does not provide the foundational material that would allow you to read it! To clarify, I did take two undergrad accounting course and to well in both and felt I mastered the material. This book was just to advance and hard to read! Worthless!
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