Free Ebook Managerial Accounting (3rd Edition), by Karen W. Braun, Wendy M Tietz
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Managerial Accounting (3rd Edition), by Karen W. Braun, Wendy M Tietz
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Rock-solid decision-making through strong coverage and effective practice.
Managerial Accounting presents readers with the rock-solid fundamentals they need to know, followed by extensive opportunities for practice.
- Sales Rank: #311897 in Books
- Brand: Brand: Prentice Hall
- Published on: 2012-01-20
- Format: Unabridged
- Original language: English
- Number of items: 1
- Dimensions: 10.90" h x 1.50" w x 8.70" l, 4.40 pounds
- Binding: Hardcover
- 864 pages
- Used Book in Good Condition
Most helpful customer reviews
1 of 1 people found the following review helpful.
As a whole, including MAL, this is a Great Book
By Franciska
Separately, this book was boring, as I suppose most accounting books are. However, I purchased the Myaccountinglab.com software through Pearson publishing as a supplement (which was mandatory) and I can see why Managerial Accounting is so important.
The advantage of MAL is instantaneous feedback. Also there are condensed PowerPoints for each chapter that you can take notes on, along with demonstration document videos, and accounting simplified videos. Also, if you dare to adventure outside of the assigned homework problems, you can gain more problems via the study plan. The system is designed to be helpful as possible (if you take the time to use it to it's fullest capacity. MAL also provides a breakdown of time you've spent, which I would guess would be helpful for professors to track their students).
Also, I recommend getting a bound copy of the book as opposed to the loose leaf version, which I bought for the second edition. (Review on that to follow.)
I wish I was warned with the word problems. Managerial accounting is one word problem after the next about how to solve problems in the service, manufacturing or merchandising industries. I would have budgeted my time a little differently had I known this was a "word problem" type of class. Financial accounting was a breeze in comparison. This type of class should count as two classes, or a 5 to 6 unit class. One homework problem can sometimes take an hour, like financial accounting, but for me, financial accounting was a breeze. Most homework assignments that my teacher assigned were 10+ problems, taking anywhere from 3 to 11 hours to complete, averaging at about 7 hours. This class drove me to drink - lots of coffee)!!! I can't complain, I could see people in the real world, at companies using this as a reference guide because there are so many scenarios (chapter 8 example below). I'm grateful to learn how to solve problems, so I can't complain because this book with the extensive problems does just that.
Chapter 8 example of a homework problem:
Members of the board of directors of Safety Systems have received the following operating income data for the year just ended:
*Edited out the financial data (income statement) due to formatting issues, which would go here.
Members of the board are surprised that the Industrial systems product line is losing money. They commission a study to determine whether the company should discontinue the line. Company accountants estimate that discounting industrial systems will decrease fixed costs of goods sold by $81,000 and decrease fixed marketing and administration expenses by $14,000.
Requirements
1.) Prepare incremental analysis to show whether Safety Systems should discontinue the industrial systems product line.
2.) Prepare contribution margin income statements to show Safety Systems' total operating income under two alternatives a.) with the industrial system line and b.) without the line. Compare the difference between the two alternatives' income numbers to your answers to Requirement 1. What have you learned from this comparison?
Egads!!!!
1 of 1 people found the following review helpful.
Good text book
By J Le
I used this book in a principles of accounting course. It is very easy to follow along and explain the basics very well. This is important to have for beginner level courses because your structure and foundation will both follow you through your career. Braun does an excellent job of this! Thanks for helping me get an A!
0 of 0 people found the following review helpful.
a cheap alternative
By Jeff5496
a very cheap alternative to the 4th edition, and I did not even need the book for the class for the most part. I used it just about two times, and all the pages are clean, not torn, and seemed new!
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