Financial & Managerial Accounting
By Carl Warren, Jefferson Jones, William B. Tayler
About your course materials
Provide a strong foundation in business and accounting with Warren/Jones/Tayler’s FINANCIAL AND MANAGERIAL ACCOUNTING, 16E. This leading approach highlights the importance of accounting in careers and business today. Updated chapter-opening schemas illustrate how the chapter’s content fits into the "big picture." Numerous, current business examples and "Business Insights" demonstrate accounting in action. A new "managerial accounting" schema illustrates how managerial accounting supports the management functions of strategic planning, measurement, evaluation and control. This edition presents all journal entries with accompanying T-accounts that show debit and credit postings to emphasize the impact of the journal entry on the accounting equation and financial statements. New data analytics examples and cases use data sets related to each chapter's content. New content demonstrates how to analyze and develop reports using Excel and Tableau. CNOWv2 online resources further reinforce learning.
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About this product
Provide a strong foundation in business and accounting with Warren/Jones/Tayler’s FINANCIAL AND MANAGERIAL ACCOUNTING, 16E. This leading approach highlights the importance of accounting in careers and business today. Updated chapter-opening schemas illustrate how the chapter’s content fits into the "big picture." Numerous, current business examples and "Business Insights" demonstrate accounting in action. A new "managerial accounting" schema illustrates how managerial accounting supports the management functions of strategic planning, measurement, evaluation and control. This edition presents all journal entries with accompanying T-accounts that show debit and credit postings to emphasize the impact of the journal entry on the accounting equation and financial statements. New data analytics examples and cases use data sets related to each chapter's content. New content demonstrates how to analyze and develop reports using Excel and Tableau. CNOWv2 online resources further reinforce learning.
PATHWAYS CHALLENGES PROMPT INTEREST AND HIGHLIGHT CRITICAL THINKING. A Pathways Challenge in each chapter engages students while emphasizing the critical thinking aspects of accounting. Suggested answers to each Pathways Challenge appear at the end of the chapter. This feature corresponds with the Pathways Commission's recommendations included in Charting a National Strategy for the Next Generation of Accountants.
ANALYSIS FOR DECISION MAKING SECTIONS PUT PROCEDURES INTO CONTEXT. Each chapter ends with a section that uses real company illustrations to emphasize how businesses use accounting information to make decisions or evaluate the health of the company. Students gain an understanding of how chapter content fits within extended business settings, such as franchising and sustainability activities. Related Analysis for Decision Making assignments allow students to improve analytical skills using real world company data.
TWO CHAPTERS ADDRESS PRIORITY MANAGERIAL ACCOUNTING ISSUES. Chapter 19, "Support Department and Joint Cost Allocation," discusses methods of allocating support department costs and joint costs. Chapter 28, "The Balanced Scorecard and Corporate Responsibility," discusses the balanced scorecard in depth with detailed examples from Cordier Toys, Inc. The chapter concludes with a discussion of corporate social responsibility (CSR), including sustainability initiatives and how to incorporate CSR into a balanced scorecard.
CERTIFIED MANAGEMENT ACCOUNTANT (CMA) EXAMINATION QUESTIONS PREPARE READERS FOR SUCCESS ON THE EXAM. These current and updated questions appear in the end-of-chapter materials for each managerial chapter. The questions, adapted from past CMA exams, correspond with the chapter's content and equip students for testing success.
Table of contents
Chapters
Chapter 1. Introduction to Accounting and BusinessPreview this chapter
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