Managerial Accounting, 4th edition
By Charles E. Davis and Elizabeth Davis
Managerial Accounting, 4th edition with the new WileyPLUS presents a modern, interactive, and practical approach to managerial accounting through a combination of unique and flexible learning units, real-world industry videos, and integrated practice, all within the business context.
Praised for its decision-making framework and C&C Sports Continuing Case Story, this new edition helps students develop a thorough understanding of how businesses make informed decisions and builds the skills required to be successful in tomorrow’s workplace.
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Homework assistance videos breakdown complex problems.
Author-created Lightboard Solution Videos and Lecture Videos further breakdown complex problems and build students’ problem-solving skills by walking them through the process of solving homework problems using state-of-the-art technology. With over 140 videos in total, students benefit from just-in-time homework assistance and remain on track in their course.
Comprehensive application builds student understanding.
With an extensive amount of comprehensive assessment, students are asked to think critically through all exercises, problems, and cases. Available in each unit, students can work through engaging real-world examples, evaluate their own understanding of a concept, and think critically about various topics.
Data Analytics and Accounting module fosters career-readiness
In partnership with the Business-Higher Education Forum (BHEF), the new WileyPLUS introduces students to an accounting-specific data analytics module with interactive lessons, case studies, and videos to help students develop the professional competencies they need to be successful in their future careers.
Features Include:
- Adaptive Practice: Adaptive practice offers unlimited drill and practice focused on conceptual material, ensuring students are building their confidence and continuing to engage with the course material.
- Blank-Sheet-of-Paper Question Design: The blank-sheet-of-paper design with type-ahead fosters memory recall, while avoiding the potential pitfall of student typos. With a modern design, students work through accounting problem sets that mimic professional applications.
- Microsoft Excel Videos: Students benefit from gaining basic Excel knowledge in the context of accounting that can be applied to their future course and careers.
- The Latest Accounting News: The weekly accounting updates keep you and your students up-to-date on the latest in accounting news stories. Each week, you’ll receive access to 3-5 news articles, video clips, business news stories, and more with discussion questions to bring financial accounting topics to life.
- Real-World Company Videos: Students get exposure to examples of actual problems encountered in the field and how businesses solve them in real-time, providing valuable insight.
- Pre-Built Homework Assignments: Each module contains pre-built homework assignments based on usage data. Instructors can quickly assign homework for students based on the most widely-assigned and completed problems, saving valuable time with course preparation.
- C&C Continuing Case: This continuing case uses the business activities of a fictional company and its supply chain partners, to illustrate and explain managerial accounting concepts.
- PowerPoint Lecture Videos: Author-created and narrated videos through a PowerPoint deck available at the Learning Objective level.
Charles E. Davis, professor of accounting at Baylor University, joined the accounting faculty at Baylor in 1991 after receiving his Ph.D. in accounting from the University of North Carolina at Chapel Hill. He also holds an MBA from University of Richmond, a BBA in accounting from The College of William and Mary, and is a CPA (Virginia). Prior to pursing his Ph.D., Davis worked for Reynolds Metals Company, Coopers & Lybrand, and Investors Savings Bank, all in Richmond, Virginia. While working in various cost accounting positions at Reynolds Metals, Davis developed his appreciation for managerial accounting. Davis’ research has been published in a number of journals, including Organizational Behavior and Human Decision Processes, Advances in Accounting, Advances in Accounting Behavioral Research, Advances in Accounting Education, Issues in Accounting Education, Journal of Accounting Case Research, and Today’s CPA. Davis has received The Institute of Management Accountants’ Lybrand Gold Medal and three Certificates of Merit for his publications in Management Accounting and Strategic Finance. He currently serves on the Editorial Board of Strategic Finance and is a former member of the Editorial Board of Issues in Accounting Education.
Elizabeth Davis, president at Furman University, began her academic career as a member of the accounting faculty at Baylor University in 1992 after receiving her Ph.D. in accounting from Duke University. She also holds a BBA in accounting from Baylor University and is a CPA (Louisiana, inactive). Prior to pursuing her graduate studies, Davis worked as an auditor for Arthur Andersen & Co. in New Orleans, Louisiana. While in public practice, she specialized in the audits of financial institutions and real estate. Davis’ research has been published in a number of journals, including Organizational Behavior and Human Decision Processes, Advances in Accounting, Advances in Accounting Behavioral Research, Advances in Accounting Education, Issues in Accounting Education, Journal of Accounting Case Research, and Today’s CPA. ;She has received The Institute of Management Accountants’ Lybrand Gold Medal and a Certificate of Merit for her publications in Management Accounting and Strategic Finance.
1. Accounting as a Tool for Management
2.Cost Behavior and Cost Estimation
3. Cost-Volume-Profit Analysis and Pricing Decisions
4. Product Costs and Job Order Costing
5. Planning and Forecasting
5A: Planning and Forecasting in a Retail Setting* (online only)
6. Performance Evaluation: Variance Analysis
7. Activity-Based Costing and Activity-Based Management
8. Using Accounting Information to Make Managerial Decisions
9. Capital Budgeting
10. Decentralization and Performance Evaluation
11. Performance Evaluation Revisited: A Balanced Approach
12. Financial Statement Analysis
13. Statement of Cash Flows