Managerial Accounting – Ray H. Garrison, Eric W. Noreen – 11th Edition


For centuries, the lighthouse has provided guidance and safe passage for sailors. Similarly, Garrison/Noreen/Brewer has successfully guided millions of students through accounting, helping them sail smoothly through the course.

Decades ago, lighthouses were still being operated manually. In these days of digital transformation, lighthouses are run using automatic lamp changers and other modern devices. In much the same way, Garrison/Noreen/Brewer has evolved over the years. Today, the Garrison not only guides students—accounting majors and non-majors alike— safely through the course, but is enhanced by new forms of media and technology to augment student learning and increase student motivation.

As the long-time best-seller, Garrison has helped guide close to 2 million students through the challenging waters of since it was first published. It identifies the three functions managers must perform within their organizations-plan operations, activities, and make decisions-and explains what accounting information is necessary for these functions, how to collect it, and how to interpret it. To achieve this, Accounting, 11/E, focuses, now as in the past, on three qualities: Relevance: Every effort is made to help students relate the concepts in this to the decisions made by working managers.

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Table of Contents

1. Managerial Accounting: An Overview
2. Managerial Accounting and Cost Concepts
3. Job-Order Costing
4. Process Costing
5. Cost-Volume-Profit Relationships
6. Variable Costing and Segment Reporting: Tools for Management
7. Activity-Based Costing: A Tool to Aid Decision Making
8. Profit Planning
9. Flexible Budgets and Performance Analysis
10. Standard Costs and Variances
11. Performance Measurement in Decentralized Organizations
12. Differential Analysis: The Key to Decision Making
13. Capital Budgeting Decisions
14. Statement of Cash Flows
15. Financial Statement Analysis

Appendix A Pricing Products and Services
Appendix B Profitability Analysis

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