Managerial Accounting: Analysis and Interpretation

MANAGEMENT ACCOUNTING 2/e is written for the future user of accounting information. While the preparation of accounting information is an important skill, this text focuses on the analysis of the information generated by the accounting system for both planning and control decisions. For this reason, business majors and current and future managers will benefit greatly from the material presented. Accounting majors will also gain a better understanding of how accounting information is used for effective planning and control within all types of organizations. MANAGEMENT ACCOUNTING 2/e has a conceptual framework that focuses on using accounting information to make decisions that are reinforced through the use of numerical examples. Most textbooks cover concepts in isolation providing only half of the picture- McWatters gives students the "big picture" of real-world accounting by incorporating decision making in every chapter. The authors of this textbook firmly believe that students learn best when they can relate important concepts to the overall objective of management accounting: helping to achieve customer and organizational value through sound business decision-making.