Accounting Principles: A Business Perspective, Managerial .
Accounting Principles:Managerial AccountingA Textbook Equity Open College Textbookoriginally byHermanson, Edwards, and IvancevichFearless copy, print, books.orgLicense: CC-BY-NC-SAISBN-13: 978-1461130239ISBN-10: 1461130239Source URL: http://goo.gl/aOlrJSaylor URL: http://www.saylor.org/courses/bus105/Attributed to: Roger H. Hermanson, James Don Edwards, Michael W. Maher, John Ivancevichwww.saylor.orgPage 1 of 316
About This PublicationSimply put, you may copy, print, redistribute, and re-purpose this textbook or parts of thistextbook provided that you give attribution (credit) to Textbook Equity, and providedthat any derivative work has the same Creative Commons license (CC-BY-NC-SA). That’sit.Textbook Equity, in turn, provides attribution, with thanks, to the Global Text Project,who provided the source textbook.Consistent with it’s strategic mission to provide free and low-cost textbooks, this isTextbook Equity’s derivative work based on “Accounting Principles: A BusinessPerspective First Global Text Edition, Volume 2 Managerial Accounting”, utilizingthe permissions granted by it’s Creative Commons license. Global Text Project northe original authors endorse or are responsible in any way for this printing or it’scontents.Textbook Provenance (1998 - 2011)1998 EditionAccounting: A Business Perspective (Irwin/Mcgraw-Hill Series in Principles ofAccounting) [Hardcover] Roger H. Hermanson (Author), James Don Edwards(Author), Michael W. Maher (Author) Eighth EditionHardcover: 944 pagesPublisher: Richard D Irwin; Sub edition (April 1998)Language: EnglishISBN-10: 0075615851ISBN-13: 978-0075615859Product Dimensions: 11.1 x 8.7 x 1.8 inchesCurrent Hardbound Price 140.00 (Amazon.com)2010 Editions (http://globaltext.terry.uga.edu/books/)Global Text Project Conversion to Creative Commons License CC-BY“Accounting Principles: A Business Perspective First Global Text Edition, Volume 1Financial Accounting”, by Hermanson, Edwards, and Maher, Revision Editor:Donald J. McCubbrey, PhD.PDF Version, 817 pages, Free Download“Accounting Principles: A Business Perspective First Global Text Edition, Volume 2Managerial Accounting”, by Hermanson, Edwards, and Ivancevich. RevisionEditor: Donald J. McCubbrey, PhD.PDF Version Volume 2, 262 pages, Free DownloadSource URL: http://goo.gl/aOlrJSaylor URL: http://www.saylor.org/courses/bus105/2Attributed to: Roger H. Hermanson, James Don Edwards, Michael W. Maher, John Ivancevichwww.saylor.orgPage 2 of 316
2011 Editions (http://opencollegetextbooks.org)Textbook Equity publishes this soft cover version using a the CC-BY-NC-SA license.They divided Volume 1 into two sections to fit paperback publishing requirementsand made other formatting changes. No content changes were made to GlobalText’s version. Versions available at the Open College Textbook repository: PDF Version, Section 1 of Volume 1 (Chapters 1 – 8), 436 pages, Free Download Textbook Equity Paperback, Principles of Accounting, Volume 1 ,Financial Accounting(Chapters 1 – 8), 436 pages, List Price 24.95 PDF Version, Financial Accounting (Chapters 9 – 18), Free Download Textbook Equity Paperback, Principles of Accounting, Volume 1 , Financial Accounting(Chapters 9 – 18), List Price 14.95 PDF Version, Accounting Principles: Managerial Accounting, Free Download Textbook Equity Paperback, Accounting Principles: Managerial Accounting, 316 pages,(chapters 19 – 26 of the original volume). List Price 24.95For original author information and acknowledgments see opencollegetextbooks.orgUpdated April 27, 2011Source URL: http://goo.gl/aOlrJSaylor URL: http://www.saylor.org/courses/bus105/3Attributed to: Roger H. Hermanson, James Don Edwards, Michael W. Maher, John Ivancevichwww.saylor.orgPage 3 of 316
Contents (Cont' from Vol 1," Financial Accounting")19 Process: Cost systems.919.1 Learning objectives.919.2 Nature of a process cost system.919.3 Process costing illustration.1119.4 Process costing in service organizations.2219.5 Spoilage.2219.6 Understanding the learning objectives.2319.7 Appendix 19A: The FIFO process cost method.2519.8 FIFO process costing—An illustration.2619.9 Appendix 19B: Allocation of joint costs.3019.10 Demonstration problem.3219.11 Solution to demonstration problem.3219.12 Key terms.3319.13 Self-test.3419.14 Questions.3619.15 Exercises.3719.16 Problems.3819.17 Alternate problems.4019.18 Beyond the numbers—Critical thinking.4119.19 Using the Internet—A view of the real world.4319.20 Answers to self-test.4419.21 Comprehensive review problem.4420 Using accounting for quality and cost management.4720.1 Learning objectives.4720.2 Importance of good accounting information.4720.3 Quality and the new production environment.4820.4 Improving quality.4820.5 Quality and customer satisfaction measures.5220.6 Just-in-time method.5720.7 Activity-based costing and management.6220.8 Methods used for activity-based costing.6520.9 Impact of new production environment on cost drivers.7120.10 Activity-based costing in marketing.7120.11 Strategic use of activity-based management.7220.12 Behavioral and implementation issues.7220.13 Opportunities to improve activity-based costing in practice.7320.14 Understanding the learning objectives.7320.15 Demonstration problem.7420.16 Solution to demonstration problem.7520.17 Key terms.76Source URL: http://goo.gl/aOlrJSaylor URL: http://www.saylor.org/courses/bus105/4Attributed to: Roger H. Hermanson, James Don Edwards, Michael W. Maher, John Ivancevichwww.saylor.orgPage 4 of 316
20.18 Self-test.7620.19 Questions.7820.20 Exercises.7920.21 Problems.8220.22 Alternate problems.8520.23 Beyond the numbers—Critical thinking.8720.24 Using the Internet—A view of the real world.8920.25 Answers to self-test.8921 Cost-volume-profit analysis.9121.1 Learning objectives.9121.2 A manager's perspective.9121.3 Cost behavior patterns.9221.4 Methods for analyzing costs.9621.5 Cost-volume-profit (CVP) analysis.9821.6 Finding the break-even point.10021.7 Cost-volume-profit analysis illustrated.10421.8 Assumptions made in cost-volume-profit analysis.10721.9 Using computer spreadsheets for CVP analysis.10721.10 Effect of automation on cost-volume-profit analysis.10921.11 Understanding the learning objectives.11021.12 Demonstration problem .11121.13 Solution to demonstration problem .11121.14 Key terms*.11221.15 Self-test.11321.16 Questions.11421.17 Exercises.11521.18 Problems.11721.19 Alternate problems.12021.20 Beyond the numbers—Critical thinking.12221.21 Using the Internet—A view of the real world.12421.22 Answers to self-test.12422 Short-term decision making: Differential analysis.12622.1 Learning objectives.12622.2 Contribution margin income statements.12622.3 Differential analysis.12822.4 Applications of differential analysis.13122.5 Applying differential analysis to quality.13722.6 Understanding the learning objectives.13822.7 Demonstration problem.14022.8 Solution to demonstration problem.14022.9 Key terms*.14122.10 Self-test.141Source URL: http://goo.gl/aOlrJSaylor URL: http://www.saylor.org/courses/bus105/5Attributed to: Roger H. Hermanson, James Don Edwards, Michael W. Maher, John Ivancevichwww.saylor.orgPage 5 of 316
22.11 Questions.14222.12 Exercises.14322.13 Problems.14522.14 Alternate problems.14822.15 Beyond the numbers—Critical thinking.15022.16 Using the Internet—A view of the real world.15222.17 Answers to self-test.15323 Budgeting for planning and control.15423.1 A manager's perspective.15423.2 The budget—For planning and control.15523.3 The master budget illustrated.16123.4 Budgeting in merchandising companies.17723.5 Budgeting in service companies.17823.6 Additional concepts related to budgeting.17823.7 Understanding the learning objectives.17923.8 Demonstration problem.18023.9 Solution to demonstration problem.18123.10 Key terms*.18123.11 Self-test.18223.12 Questions.18323.13 Exercises.18423.14 Problems.18523.15 Alternate problems.18823.16 Beyond the numbers—Critical thinking.19123.17 Using the Internet—A view of the real world.19223.18 Comprehensive problems.19323.19 Answers to self-test.19624 Control through standard costs.19824.1 Learning objectives.19824.2 Uses of standard costs.19824.3 Nature of standard costs.19824.4 Advantages and disadvantages of using standard costs.20124.5 Computing variances.20324.6 Goods completed and sold.21624.7 Investigating variances from standard.21624.8 Disposing of variances from standard.21724.9 Nonfinancial performance measures.21924.10 Activity-based costing, standards, and variances.21924.11 Understanding the learning objectives.22024.12 Demonstration problem.22224.13 Solution to demonstration problem.22224.14 Key terms.223Source URL: http://goo.gl/aOlrJSaylor URL: http://www.saylor.org/courses/bus105/6Attributed to: Roger H. Hermanson, James Don Edwards, Michael W. Maher, John Ivancevichwww.saylor.orgPage 6 of 316
24.15 Self-test.22424.16 Questions.22624.17 Exercises.22724.18 Problems.22824.19 Alternate problems.22924.20 Beyond the numbers—Critical thinking.23024.21 Using the Internet—A view of the real world.23224.22 Answers to self-test.23225 Responsibility accounting: Segmental analysis.23425.1 Learning objectives.23425.2 Responsibility accounting.23425.3 Responsibility reports.23625.4 Responsibility reports—An illustration.23825.5 Responsibility centers.24025.6 Transfer prices.24325.7 Use of segmental analysis.24325.8 Concepts used in segmental analysis.24425.9 Investment center analysis.24825.10 Economic value added and residual income.25325.11 Segment
Textbook Equity Paperback, Principles of Accounting, Volume 1 , Financial Accounting (Chapters 9 – 18), List Price 14.95 PDF Version, Accounting Principles: Managerial Accounting, Free Download Textbook Equity Paperback, Accounting Principles: Managerial Accounting, 316 pages, (chapters 19 – 26 of the original volume).
"Accounting Principles: A Business Perspective First Global Text Edition, Volume 1 Financial Accounting", by Hermanson, Edwards, and Maher, Revision Editor: Donald J. McCubbrey, PhD. PDF Version, 817 pages, Free Download "Accounting Principles: A Business Perspective First Global Text Edition, Volume 2
FINANCIAL ACCOUNTING : MEANING, NATURE AND ROLE OF ACCOUNTING STRUCTURE 1.0 Objective 1.1 Introduction 1.2 Origin and Growth of Accounting 1.3 Meaning of Accounting 1.4 Distinction between Book-Keeping and Accounting 1.5 Distinction between Accounting and Accountancy 1.6 Nature of Accounting 1.7 Objectives of Accounting 1.8 Users of Accounting Information 1.9 Branches of Accounting 1.10 Role .
Textbook Equity Paperback, Principles of Accounting, Volume 1 , Financial Accounting (Chapters 9 - 18), List Price 14.95 PDF Version, Accounting Principles: Managerial Accounting, Free Download Textbook Equity Paperback, Accounting Principles: Managerial Accounting, 316 pages, (chapters 19 - 26 of the original volume).
Accounting Principles Generally Accepted Accounting Principles (GAAP) are the standard framework of guidelines for financial accounting/preparation of financial statements which has strong tight with the common accounting practices along with the accounting standards. Accounting principles are same as accounting concepts which discussed earlier.
Accounting Principles: A Business Perspective First Global Text Edition, Volume 2 Managerial Accounting James Don Edwards, PhD, D.H.C. J.M. Tull Professor Emeritus of Accounting Terry College of Business University of Georgia Roger H. Hermanson, PhD Regents Professor Emeritus of Accounting Ernst & Young-J. W. Holloway Memorial Professor Emeritus
Accounting Principles: A Business Perspective First Global Text Edition, Volume 1 Financial Accounting James Don Edwards, PhD, D.H.C. J.M. Tull Professor Emeritus of Accounting Terry College of Business University of Georgia Roger H. Hermanson, PhD Regents Professor Emeritus of Accounting Ern
ACCT 2100 Principles of Accounting 3 Ph.D. Accounting Virginia Tech Yes ACCT 3131 Cost Accounting I 3 Yes Berrigan, Isabel M ACCT 3124 Governmental Accounting 3 M.S. Accounting - Auditing University of New Orleans No ACCT 2100 Principles of Accounting 3 M.S. Accounting University of New Orleans No ACCT 3
Description Logic RWTH Aachen Germany 4. Introduction to DL I A Description Logic - mainly characterised by a set of constructors that allow to build complex concepts and roles from atomic ones, concepts correspond to classes / are interpreted as sets of objects, roles correspond to relations / are interpreted as binary relations on objects, Example: Happy Father in the DL ALC Manu (9has-child .
