Managerial Accounting, 6th Canadian Edition
By Jerry J. Weygandt, Paul D. Kimmel, and Ibrahim M. Aly
Managerial Accounting, 6th Canadian Edition provides students with a clear introduction to the fundamental managerial accounting concepts needed for anyone pursuing a career in accounting or business. Students work through an active and integrated learning program that helps them master key accounting concepts and understand the application of accounting principles and techniques in practice.
By connecting the classroom to the business world through real company examples, an emphasis on decision making, and key data analysis skills appropriate at the introductory level, students are better prepared as future professionals in today’s business world.
Gradable Excel for Accounting builds competitive job market skills.
Gradable Excel in WileyPLUS develops the Excel knowledge and skills students need by giving them the opportunity to practice using Excel formulas and functions to complete specific exercises in a real Microsoft Excel worksheet. With exercises based on accounting questions from the book, automatic grading, and immediate and detailed cell-level feedback, students build key skills needed to be competitive in today’s job market while enhancing their understanding of key accounting concepts.
Data Analytics and Accounting Module fosters career readiness.
In partnership with the Business-Higher Education Forum (BHEF), WileyPLUS introduces students to an accounting-specific data analytics module with interactive lessons, case studies, videos, and assessment to help students better understand the importance of data analytics and how it applies to accounting and business.
Company Videos connect course concepts to the real world.
The Real World Video Series is comprised of high-quality videos featuring real-world business professionals. These videos include brands that students can identify with, such as Whole Foods and Southwest, as well as various small businesses. Students receive exposure to actual problems encountered in the field and see how businesses solve them. These videos provide students with valuable insight and examples of skills they will need to be successful in the business world.
Solution Walkthrough Videos provide just-in-time homework assistance.
Author-created Solution Walkthrough Videos guide students through multi-learning objective problems to help consolidate understanding and provide 24/6 homework assistance for hundreds of exercises and problems. These videos break down complex problems and build students’ problem-solving skills, enabling educators to assign more difficult homework questions.
Interactive Tutorials keep students engaged in core concepts.
Embedded with self-assessment exercises, these interactive, self-paced tutorials walk students through key learning objectives with content broken out into smaller chunks. Students must answer correctly or exhaust attempts before moving on, enhancing their retention of information and keeping them engaged with the material.
- New Gradable Excel solution available in WileyPLUS helps develop the Excel knowledge and skills students need to successfully compete in today’s job market, while enhancing their understanding of key accounting concepts.
- New Data Sets Library provides a gallery of data sets that map to specific accounting topics and can be used for students to learn how to conduct, analyze, and interpret visualizations in a variety of software including Excel, Tableau, Power BI, and IDEA.
- New Data Analytics Insight boxes highlight the use of data analytics by real-world companies.
- New Analytics in Action end-of-chapter problems (in select chapters) include data visualization and/or analytics, application, and assessment to help students understand the use of data analytics by real-world companies.
- New bulleted and numbered approach helps highlight key information and computations while allowing students to learn new concepts in bite-sized chunks of information.
- Updated real-world company examples ensure concepts are relatable and presented in an engaging way for students to make connections.
- Updated illustrations throughout the text better engage students with relatable examples and visuals.
- New Answers to Insight and Accounting Across the Organization questions help students easily verify their understanding of course concepts.
JERRY J. WEYGANDT, PhD, CPA, is Arthur Andersen Alumni Emeritus Professor of Accounting at the University of Wisconsin—Madison. He holds a Ph.D. in accounting from the University of Illinois. Articles by Professor Weygandt have appeared in The Accounting Review, Journal of Accounting Research, Accounting Horizons, Journal of Accountancy, and other academic and professional journals. These articles have examined such financial reporting issues as accounting for price-level adjustments, pensions, convertible securities, stock option contracts, and interim reports. Professor Weygandt is author of other accounting and financial reporting books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Wisconsin Society of Certified Public Accountants. He has served on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served as President and Secretary-Treasurer of the American Accounting Association. In addition, he has been actively involved with the American Institute of Certified Public Accountants and has been a member of the Accounting Standards Executive Committee (AcSEC) of that organization. He has served on the FASB task force that examined the reporting issues related to accounting for income taxes and served as a trustee of the Financial Accounting Foundation.
Professor Weygandt has received the Chancellor’s Award for Excellence in Teaching and the Beta Gamma Sigma Dean’s Teaching Award. He is on the board of directors of M & I Bank of Southern Wisconsin. He is the recipient of the Wisconsin Institute of CPA’s Outstanding Educator’s Award and the Lifetime Achievement Award. In 2001 he received the American Accounting Association’s Outstanding Educator Award.
Paul D. Kimmel, PhD, CPA, received his bachelor’s degree from the University of Minnesota and his doctorate in accounting from the University of Wisconsin. He is a Senior Lecturer at the University of Wisconsin-Madison and was an Associate Professor at University of Wisconsin – Milwaukee. He was the recipient of the UWM School of Business Advisory Council Teaching Award, the Reggie Taite Excellence in Teaching Award, and a three-time winner of the Outstanding Teaching Assistant Award at the University of Wisconsin. He has public accounting experience with Deloitte & Touche (Minneapolis) and was a recipient of the Elijah Watts Sells Award for Honorary Distinction for his results on the CPA exam. He is a member of the American Accounting Association and the Institute of Management Accountants and has published articles in Accounting Review, Accounting Horizons, Advances in Management Accounting, Managerial Finance, Issues in Accounting Education, Journal of Accounting Education, and in other journals. He has authored a number of introductory accounting textbooks, and published papers and given numerous talks on issues related to accounting education.
Ibrahim M. Aly, Ph.D., is an associate professor in the department of accountancy at the John Molson School of Business, Concordia University. Aly holds a Ph.D. and M.B.A. (with distinction) in accounting from the University of North Texas as well as master’s and bachelor’s degrees in accounting with distinction from Cairo University, Egypt. Aly has taught at a variety of universities in Egypt, Saudi Arabia, the United States, and Canada, and he has developed and coordinated many accounting courses at both the undergraduate and graduate levels. Aly has published in journals in the fields of managerial accounting, financial accounting, behavioural accounting, and accounting education. In addition, he has published two books on management accounting. He has presented his work at scholarly national and international conferences and has given numerous seminars and workshops on financial and managerial accounting.
Chapter 1: Managerial Accounting
Chapter 2: Managerial Cost Concepts and Cost Behaviour Analysis
Chapter 3: Job Order Costing
Chapter 4: Process Costing
Chapter 5: Activity-Based-Costing
Chapter 6: Decision-Making: Cost-Volume-Profit
Chapter 7: Incremental Analysis
Chapter 8: Alternative Inventory Costing Methods: A Decision-Making Perspective
Chapter 9: Pricing
Chapter 10: Budgetary Planning
Chapter 11: Budgetary Control and Responsibility Accounting
Chapter 12: Standard Costs and Balanced Scorecard
Chapter 13: Planning for Capital Investments