Principles of Accounting, Volume 2: Managerial Accounting – Age 18 (Bachelor's)
Grade Equivalents
| 🇺🇸 United States | College Freshman |
| 🇬🇧 United Kingdom | University Year 1 |
| 🇮🇳 India | B.A./B.Sc. Year 1 |
| 🇳🇬 Nigeria | University Year 1 |
| 🇿🇦 South Africa | University Year 1 |
| 🇦🇺 Australia | University Year 1 |
| 🇨🇦 Canada | University Year 1 |
About This Textbook
This textbook is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Students are immersed in the “why” as well as the “how” aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
Table of Contents
Accounting as a Tool for Managers — Building Blocks of Managerial Accounting — Cost-Volume-Profit Analysis — Job Order Costing — Process Costing — Activity-Based, Variable, and Absorption Costing — Budgeting — Standard Costs and Variances — Responsibility Accounting and Decentralization — Short-Term Decision Making — Capital Budgeting Decisions — Balanced Scorecard and Other Performance Measures — Sustainability Reporting