Managerial accounting

803 Pages·2012·18.942 MB·English

by  Ray H Garrison, Eric W Noreen, Peter C Brewer

Less managing. More teaching. Greater learning.
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ISBN: 0078111005 Front endsheets
Author: Garrison Color: 4c
Title: Managerial Accounting 14e Pages: 2,3
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ISBN: 0078111005 Front endsheets
Author: Garrison Color: 4c
Title: Managerial Accounting Pages: 4, Insert
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Managerial
Accounting
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Managerial
Accounting
F o u r t e e n t h E d i t i o n
Ray H. Garrison , D.B.A., CPA
Professor Emeritus
Brigham Young University
Eric W. Noreen , Ph.D., CMA
Professor Emeritus
University of Washington
Peter C. Brewer , Ph.D., CPA
Miami University—Oxford, Ohio
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MANAGERIAL ACCOUNTING
Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue
of the Americas, New York, NY, 10020. Copyright © 2012, 2010, 2008, 2006, 2003, 2000, 1997, 1994,
1991, 1988, 1985, 1982, 1979, 1976 by The McGraw-Hill Companies, Inc. All rights reserved. No part
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but not limited to, in any network or other electronic storage or transmission, or broadcast for distance
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Some ancillaries, including electronic and print components, may not be available to customers outside
the United States.
This book is printed on acid-free paper.
1 2 3 4 5 6 7 8 9 0 DOW/DOW 1 0 9 8 7 6 5 4 3 2 1
ISBN 978-0-07-811100-6
MHID 0-07-811100-5
Vice president and editor-in-chief: Brent Gordon
Editorial director: Stewart Mattson
Publisher: Tim Vertovec
Sponsoring editor: Donna Dillon
Executive director of development: Ann Torbert
Development editor: Katie Jones
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Marketing director: Brad Parkins
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Vice president of editing, design, and production: Sesha Bolisetty
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Cover image: © Getty Images
Typeface: 10.5/12 Times Roman
Compositor: Laserwords Private Limited
Printer: R. R. Donnelley
Library of Congress Cataloging-in-Publication Data
Garrison, Ray H.
Managerial accounting / Ray H. Garrison, Eric W. Noreen, Peter C. Brewer. — 14th ed.
p. cm.
Includes index.
ISBN-13: 978-0-07-811100-6 (alk. paper)
ISBN-10: 0-07-811100-5 (alk. paper)
1. Managerial accounting. I. Noreen, Eric W. II. Brewer, Peter C. III. Title.
HF5657.4.G37 2012
658.15’11—dc22 2010045770
www.mhhe.com
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Dedication
To our families and to our many
colleagues who use this book.
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About the
Authors
Ray H. Garrison
is emeritus professor of
accounting at Brigham Young University, Provo, Utah. He
received his BS and MS degrees from Brigham Young University
and his DBA degree from Indiana University.
As a certified public accountant, Professor Garrison has been
involved in management consulting work with both national
and regional accounting firms. He has published articles in
The Accounting Review, Management Accounting, and other
professional journals. Innovation in the classroom has earned Professor Garrison the
Karl G. Maeser Distinguished Teaching Award from Brigham Young University.
Eric W. Noreen
has held appointments at
institutions in the United States, Europe, and Asia. He is emeritus
professor of accounting at the University of Washington.
He received his BA degree from the University of Washington
and MBA and PhD degrees from Stanford University. A
Certified Management Accountant, he was awarded a Certificate
of Distinguished Performance by the Institute of Certified
Management Accountants.
Professor Noreen has served as associate editor of The Accounting Review and the
Journal of Accounting and Economics. He has numerous articles in academic journals
including: the Journal of Accounting Research; The Accounting Review; the Journal of
Accounting and Economics; Accounting Horizons; Accounting, Organizations and Society;
Contemporary Accounting Research; the Journal of Management Accounting Research;
and the Review of Accounting Studies.
Professor Noreen has won a number of awards from students for his teaching.
vi Garrison Noreen Brewer
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Peter C. Brewer
is a professor in the
Department of Accountancy at Miami University, Oxford, Ohio.
He holds a BS degree in accounting from Penn State University,
an MS degree in accounting from the University of Virginia, and
a PhD from the University of Tennessee. He has published more
than 30 articles in a variety of journals including: Management
Accounting Research, the Journal of Information Systems, Cost
Management, Strategic Finance, the Journal of Accountancy,
Issues in Accounting Education, and the Journal of Business Logistics.
Professor Brewer is a member of the editorial board of the Journal of Accounting
Education and has served on the editorial board of Issues in Accounting Education. His
article “Putting Strategy into the Balanced Scorecard” won the 2003 International
Federation of Accountants’ Articles of Merit competition, and his articles “Using
Six Sigma to Improve the Finance Function” and “Lean Accounting: What’s It All
About?” were awarded the Institute of Management Accountants’ Lybrand Gold and
Silver Medals in 2005 and 2006. He has received Miami University’s Richard T.
Farmer School of Business Teaching Excellence Award and has been recognized on
two occasions by the Miami University Associated Student Government for “making
a remarkable commitment to students and their educational development.” He is a
leading thinker in undergraduate management accounting curriculum innovation and
is a frequent presenter at various professional and academic conferences.
Prior to joining the faculty at Miami University, Professor Brewer was employed
as an auditor for Touche Ross in the firm’s Philadelphia office. He also worked as
an internal audit manager for the Board of Pensions of the Presbyterian Church
(U.S.A.). He frequently collaborates with companies such as Harris Corporation,
Ghent Manufacturing, Cintas, Ethicon Endo-Surgery, Schneider Electric, Lenscrafters,
and Fidelity Investments in a consulting or case writing capacity.
Managerial Accounting Fourteenth Edition vii
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