Introduction to Managerial Accounting, 5/e by Brewer/Garrison/Noreen is based on the market-leading text, Managerial Accounting, by Garrison, Noreen and Brewer. However, this is not simply a briefer book with chapters removed; Brewer 5e has been rethought and retooled to meet the needs of the market. Brewer 5e is a more accessible, yet thoroughly student-friendly text that satisfies the basic needs of the managerial accounting student without unnecessary depth on advanced topics associated with the follow-up course: cost accounting/cost management. Faculty and students alike will find this new edition has retained the hallmark features of the Garrison brand: author-written supplements, excellent readability, terrific examples, and balanced end-of-chapter material.
Introduction to Managerial Accounting, Fifth Edition
Prologue: Managerial Accounting and the Business Environment
Chapter 1: Managerial Accounting and Cost Concepts
Chapter 2: Systems Design: Job-Order Costing
Chapter 3: Systems Design: Activity-Based Costing
Chapter 4: Systems Design: Process Costing
Chapter 5: Cost Behavior: Analysis and Use
Chapter 6: Cost-Volume-Profit Relationships
Chapter 7: Profit Planning
Chapter 8: Flexible Budgets and Performance Analysis
Chapter 9: Standard Costs
Chapter 10: Segment Reporting, Decentralization, and the Balanced Scorecard
Chapter 11: Relevant Costs for Decision Making
Chapter 12: Capital Budgeting Decisions
Chapter 13: "How Well Am I Doing?" Statement of Cash Flows
Chapter 14: "How Well Am I Doing?" Financial Statement Analysis
New to this EditionMcGraw-Hill Connect Plus Accounting
McGraw-Hill reinvents the textbook learning experience for the modern student with Connect Plus Accounting.
A seamless integration of an eBook and Connect Accounting, Connect Plus Accounting
provides all of the Connect Accounting
features plus the following:
- An integrated eBook, allowing for anytime, anywhere access to the textbook.
- Dynamic links between the problems or questions you assign to your students and the location in the eBook where that problem or question is covered.
- A powerful search function to pinpoint and connect key concepts in a snap.
And, Connect Plus is now available with a new book at no additional charge!
Connect Features available with this title:
- End-of-Chapter Content
- Algorithmically Generated End-of-Chapter Problems
- Test Bank
- Algorithmically Generated Test Bank
- LearnSmart (August 2010)
- Personal Learning Plan
- Instructor Resources
- Student Study Center (August 2010)
- Pre-Built Assignments
- McGraw-Hill's Connect uses end-of-chapter material pulled directly from the textbook to create static and algorithmic questions that can be used for practice, homework, quizzes, and tests.
- Thoroughly revised end-of-chapter exercises. As with every new edition of Brewer, the authors have refreshed and updated all end-of-chapter problems and exercises. Now, for the fifth edition, we have included overhauled end of chapter material, including new brief exercises, exercises, and problems.
- Reordered variances in Chapters 8 and 9. Both chapters have been completely rewritten to follow a more logical flow.
- Added coverage of Corporate Social Responsibility to the prologue to introduce students to an important and relevant topic in today's business world.
- Moved the coverage of balanced scorecard to Chapter 10 where it more naturally belongs.
- Added International Financial Reporting Standards (IFRS) icons throughout the text to highlight topics that may be affected should the U.S. adopt IFRS in the future.
- Like the Garrison text, the most attractive features of the Brewer book are its outstanding writing style, clear and balanced presentation of relevant subject matter, wide selection of reliable problems and end-of-chapter material, and an extensive author-driven supplements package that is timely and accurate. Like Garrison, this is a book that instructors can count on.
- Author-Written Supplements. Unlike other managerial accounting texts, the Brewer/Garrison/Noreen team write all of the text's major supplements, ensuring a perfect fit between text and supplement.
- Decision Features: chapter openers that use real world examples to show how accounting information is used to make everyday business decisions. An example can be found in Chapter 10, it discusses how Sony is decentralizing decision making to spur product innovation while centralizing control of communications across the company to try and compete with Microsoft and Apple.
- You Decide boxes challenge students to apply the tools of analysis and make decisions. Suggested solutions are located at the end of each chapter. (Example, Chapter 5, a business manager chooses a measure of activity).
- Decision-Maker features are critical thinking questions based on real world scenarios that require the resolution of a business issue. Suggested solutions are located at the end of each chapter. (Example: Chapter 9, Department Resources Manager).
- Brief Exercises each cover a single learning objective. These simple exercises serve as building blocks to prepare the student for the longer exercises and problems. Faculty can use the brief exercises as quick exercises for completion in class, and the main exercises and problems for homework assignments.
- The Building Your Skills section contains problem materials that help students develop communication, team work, and analytical skills. Chapters may contain any of the following exercises: Communicating in Practice, Ethics Challenge, Teamwork in Action, and Analytical Thinking exercises. Building Your Skills end-of-chapter problems conform to AACSB, AICPA, and Bloom's Taxonomy recommendations and make great class discussion and group project material.
- The In Business feature integrates real examples throughout the book of how companies apply or are affected by a managerial accounting issue, concept or tool.
- Exhibits in selected chapters are presented in Excel Spreadsheet screen captures. Such spreadsheets are now routinely used in business to prepare analyses and reports.
- Infographics: Each chapter contains an infographic to help students visualize key accounting concepts, such as the Activity-Based Costing Model, the Assumptions of CVP Analysis, and Static versus Flexible Budgets. These infographics are pictorial representations of particular concepts in managerial accounting.
- Concept Checks allow students to test their comprehension of topics and concepts covered at various stages throughout each chapter. Concept Checks occur 1 to 3 times per chapter and each contain 1 or 2 questions that will help students evaluate whether or not they have mastered a particular concept.
- Integrated iPod Content: Students can study on the go with McGraw-Hill's course content for the Apple iPod. iPod icons appear throughout the book indicating correlating iPod related assets. These assets include audio-enhanced lecture presentations, videos, and interactive quizzes that can be can easily downloaded via the Brewer OLC (www.mhhe.com/brewer5e). This innovative learning tool allows students to take learning materials with them wherever they go, making review and study time as easy as putting in headphones!
- Research and Application Cases using 10-k data from companies such as Whole Foods, Nordstrom, Netflix, Proctor and Gamble, and Target offer end-of chapter learning opportunities for students to identify strategy and business risks and evaluate managerial accounting concepts within a real world context.
What you need, where you need it.
McGraw-Hill Ryerson provides centralized online access to our supplemental resources. Many of our in-class solutions are supported by superior teaching aids like presentation ready PowerPoint slides, instructor's manuals, test banks, videos, and more. Text book supplements are accessible through the online McGraw-Hill Connect™ platform. Titles currently not supported by Connect are available via text specific Online Learning Centres.
McGraw-Hill Ryerson textbooks go beyond the traditional print format to include a comprehensive digital solution for students. Our key print titles include no charge access to the eBook and corresponding online study program. The eStore provides a full selection of McGraw-Hill textbooks along with information on the specific study program provided with each textbook. In most cases, you will also have the option go digital and save by purchasing an access card for a separate eBook and online study program.