The textbook covers the all the major concepts of managerial accounting. Although they are followed in a slightly different way and order than are pursued in the textbook I am currently using. I found the book easy to follow; however, a number of...read more
The textbook covers the all the major concepts of managerial accounting. Although they are followed in a slightly different way and order than are pursued in the textbook I am currently using. I found the book easy to follow; however, a number of concepts could have been stretched further, such as, First-in-first-out method for Process Costing in Chapter 4, Lease or sell decision and replacing an old equipment with a new one etc. in Chapter 7 and Budgeting for merchandising organizations in Chapter 9 are some examples to mention. Inclusion of Table of Contents in the PDF version would have assisted with the reviewing of the textbook. A comprehensive list of learning objective would be useful at the beginning of each chapter. In addition, inclusion of an index/glossary would have been really helpful for quick search.
Managerial Accounting Louderback Solutions Free Pdf
In terms of contents, the textbook covered all the major concepts of managerial accounting and hence, remain relevant for a considerable period of time. However, there are scopes for adding more examples and recent business phenomena and reference to current information technology.
The book is easy reading. I really like the introduction of each chapter, which starts with a business scenario in the form of dialogues that raises a particular management issue and then points out the necessity of learning the managerial accounting concepts covered in that chapter to solve such issue.
The book follows a logical pattern in presenting the topical information, though slightly different from how I currently teach managerial accounting. Terminology and layout is consistent throughout the textbook.
The content included in an introductory managerial accounting course does not change substantially annually. I believe this text will remain relevant for a while. Another reviewer mentioned that there may be a need to update some of the example companies after a while.
I think this text is a good starting point for OER content for an introductory managerial accounting course. I would not be comfortable relying solely on this text for content - there is not enough contextualization nor enough visual aids for some of the material.
Differences between managerial and financial accounting seems to be abbreviated in chapter 1. Trends such as lean operations, social responsibility, sustainability or global marketplace not included. Overall very complete.read more
Differences between managerial and financial accounting seems to be abbreviated in chapter 1. Trends such as lean operations, social responsibility, sustainability or global marketplace not included. Overall very complete.
The textbook would be more than adequate for a lower level course in managerial accounting. Some content that could have been included is information about the global marketplace and lean accounting techniques.
Kurt Heisinger and Joe Ben Hoyle believe that students want to learn accounting in the most efficient way possible, balancing coursework with personal schedules. They tend to focus on their studies in short intense segments between jobs, classes, and family commitments. Meanwhile, the accounting industry has endured dramatic shifts since the collapse of Enron and WorldCom, causing a renewed focus on ethical behavior in accounting. This dynamic author team designed Managerial Accounting to work within the confines of today's students' lives while delivering a modern look at managerial accounting. 2ff7e9595c
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