About the book

Fundamental Managerial Accounting Concepts 8e by Edmonds/Edmonds/Tsay/Olds focuses on concepts that are isolated and introduced in a logical sequence. The authors intentionally limit the scope of the material to help students build a solid foundation of the most important concepts in managerial accounting. Fundamental Managerial Accounting Concepts 8e is organized in a distinctive way, particularly in the first six chapters. The objective is to establish a coherent, integrative framework that enables students to build knowledge in stepwise fashion. The authors' goal is for students to understand the underlying principles of accounting, not just memorize content.

Content:

Chapter 1: Management Accounting and Corporate Governance

Chapter 2: Cost Behavior, Operating Leverage, and Profitability Analysis

Chapter 3: Analysis of Cost, Volume, and Pricing to Increase Profitability

Chapter 4: Cost Accumulation, Tracing, and Allocation

Chapter 5: Cost Management in an Automated Business Environment: ABC, ABM, and TQM

Chapter 6: Relevant Information for Special Decisions

Chapter 7: Planning for Profit and Cost Control

Chapter 8: Performance Evaluation

Chapter 9: Responsibility Accounting

Chapter 10: Planning for Capital Investments

Chapter 11: Product Costing in Service and Manufacturing Entities

Chapter 12: Job-Order, Process, and Hybrid Costing Systems

Chapter 13: Financial Statements Analysis

Chapter 14: Statement of Cash Flows