Managerial Accounting: Concepts for Planning, Control, Decision Making

by Ray H. Garrison

Managerial Accounting provides a foundation for a one-term course in managerial accounting for students who have one or two terms of financial accounting. The book also serves as a reference source for students who wish to be aware of how managers use accounting information within an organization. The focus of the book is on the information needs for three essential management (1) planning operations, (2) controlling activities, and (3) making decisions. The contents of Managerial Accounting address how the information can be used to assist managers in these three functions. This edition of Managerial Accounting provides relevance, balance and a continued tradition of clarity of the subject, with coverage of current topics such as the balanced scorecard, activity-based costing and management, and the theory of constraints. The topics present the varied applications of managerial accounting in not-for-profit, retail and wholesale organizations in addition to the traditional manufacturing units both large and small. In addition, the international presentations, both in the text and the problems, provide the type of geographic balance that students need in Canada's global environment.

Genres: Business, Accounting, Textbooks, Nonfiction, Reference, Management, Economics

810 pages, Paperback

First published January 1, 1976

Reviews

[JoPaul]

This book provides easy discussions but challenging problems that the readers will work with. For those who want to learn managerial accounting the easiest way, this is the book fit for you.

[Marcianna Oughstun]

An okay textbook--a little heavy on the information throughout each chapter but it was a condensed summer course that I was taking so that just might have been the pace of the class; not the textbook.

[Nancy]

One of the clearest-written and most informative accounting textbooks I've read. Real-life examples and industry-specific tips make this a book that you'll keep on the shelf for frequent reference.

[Maggie Gately]

For school!

[Julia B]

This class made me rethink if I want to do accounting

[Richard]

The 10th edition can be found online for free. I was assigned a book through Cengage for my Managerial accounting course; the book was horrible. I found a lecture series on YouTube by Dr. Mark Meldrum ~ incredible work this gentleman does. He used this text. I highly suggest for anyone who wants a real mastery of this content to use this book and watch the lectures.

[John]

Absolutely captivating! This is the most enthralling book on managerial accounting that you will ever open. Careful, once you start, you will find it hard to put down. You may just want to take a few days off of work and school so you can set aside some time to really get into this one!

[Dipta Dharmesti]

Lumayan-lah.

[Cathy]

Good basics especially if you are responsible for a department budget

[Sameer]

definitions

[Bonduiu]

Good

[Clayton]

Informative and pertinent to the material being studied in the class.

[Ashleigh]

Learned a lot. Covered a lot of manufacturing managerial accounting that I was not aware of given my hospitality background. Will be keeping as reference.

[Ivy]

Quite interesting. Not sure if I want to become an accountant though.

[Chris]

Good book for the topic, but very difficult for me to get through.

[Jenn "JR"]

I had the pleasure of "leasing" this book for 6 months from the publisher as an eBook in a proprietary system (not Kindle). The system has some disadvantages: you can't export notes and highlights, nor can you copy text to paste elsewhere (such as in your Word document for your homework assignment).

Technical and price factors aside, this is a massive and dense book. If you can stay awake, you might learn something. I'm pretty happy that I'm taking "Accounting for Decision-Making" as part of my course and I think that these basic accounting concepts should be taught in high school as part of basic financial literacy. Good exercises - but since I'm renting the text book, I don't have access to the answers to check my work.

[Aysha Ngobeni]

It wasn't that helpful for me because it did complicate a lot of the simple concepts that I was learning on some chapters I felt like it was completely not worth it, The University of Johannesburg ended up switching to a different textbook altogether the following year because of student complaints.

[Bookreadingnarcissist]

Astonishingly dry and the text will put you to sleep quickly. You could probably take out 2/3rds of this book and there would still be fluff. Just awful. I'm not giving it a 1 because the relevant information in the book is actually incredibly useful. 2/5

[Jilma Batista]

Good book. Very educative

[Lauren]

Wonderful for learning Accounting.

[Kim]

It's a good textbook, the problems at the end of each of the chapters are relevant to the topics covered and were helpful for practice.

[Mugove Purango]

nice

[LAURETTE "Rama"]

Good class.

[Bishoy Romani]

Very good book. Helps a lot in passing accounting tests because it focuses on exercising and steps in Managerial Accounting, could also be very helpful in better understanding finance.

[Rose Smith]

This text book is great!

[Calvin Calvin]

Learn a lot about how businesses work to make or buy products. Avoidable costs and many others business deal with labor costs and productions.

[Maggie McGrew]

unfortunately read this entire textbook, it might as well count towards my reading goal

[libby]

Overall good textbook. I didn’t start crying till about halfway through the chapters.

[Alyssa]

Meh.. Why am I doing grad school 🙃

[liza ✧˖*°࿐]

This was the first time I've read through a textbook fully for class. It was a great addition to what we were learning in class. There were pretty good explanations, and the practice problems were very helpful.