Financial and Managerial Accounting
Edition: 1
Copyright: 2022
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$60.00 USD
Financial and Managerial Accounting is designed to provide a comprehensive foundation in accounting principles for both financial and managerial contexts. This book is ideal for students and professionals looking to develop a well-rounded understanding of accounting practices that serve both external and internal business needs.
Key Features
- Financial Accounting Section:
- Covers the principles of financial accounting used to report a company's financial position and performance to external users.
- Includes topics such as the accounting cycle, preparation of financial statements, and concepts like revenue recognition, depreciation, and inventory management.
- Managerial Accounting Section:
- Focuses on the use of accounting information by managers for decision-making purposes.
- Topics include budgeting, cost behavior, cost-volume-profit analysis, and performance evaluation techniques.
- Real-World Applications:
- Provides case studies and examples from real businesses to demonstrate how accounting principles are applied in practice.
- Includes exercises that help reinforce practical skills needed for both financial reporting and managerial decision-making.
- Interactive Learning Tools:
- The textbook integrates interactive exercises, problems, and assessments to support active learning.
- Encourages the use of accounting software and tools to simulate real-world accounting scenarios.
- Current and Relevant:
- The authors ensure that the content reflects the latest accounting standards and practices.
- Includes updated information on topics such as international financial reporting standards (IFRS) and emerging trends in managerial accounting.
This book is suitable for undergraduate and graduate courses in financial and managerial accounting, as well as for professionals seeking a thorough resource for practical accounting applications.
Chapter 1: Foundations of Financial and Managerial Accounting
Chapter 2: The Recording Process
Chapter 3: Adjusting and Closing Entries
Chapter 4: Financial Statements and Ratio Analysis
Chapter 5: Cost Concepts and Cost Management
Chapter 6: Cost Volume Profit Analysis
Chapter 7: Pricing Strategies and Decisions
Chapter 8: Forecasting and Short-Term Decisions
Chapter 9: Budgeting and Variance Analysis
Chapter 10: Accounting Information Systems in Hospitality
Carrie Herzog, BA (Hons), MA, MBA, PhD Dr. Carrie Herzog is a professor and Program Coordinator for the Global Hospitality Management program in the School of Hospitality and Culinary Arts at Conestoga College Institute of Technology & Advanced Learning in Waterloo, Ontario. She has taught courses in hospitality, tourism, and business at the University of Guelph and Conestoga College. Previously, she worked in the hospitality industry for over 10 years.
Meya Mardini, PhD, CPA, is an Assistant Professor of Accounting and Program Coordinator at the University of Doha for Science & Technology in Qatar, where she has been teaching since August 2024. She is also a Professor of Accounting at Sheridan College in Ontario, Canada, where she served from August 2017 to April 2025.
Mardini is an accomplished academic with over 15 years of experience in accounting and finance, holding leadership roles in both theoretical and applied fields. She is recognized for her expertise in research excellence, active and applied teaching methodologies, and non-traditional instructional delivery methods. She has also worked as a Chartered Professional Accountant (CPA Canada) from 2021 to 2025.
Financial and Managerial Accounting is designed to provide a comprehensive foundation in accounting principles for both financial and managerial contexts. This book is ideal for students and professionals looking to develop a well-rounded understanding of accounting practices that serve both external and internal business needs.
Key Features
- Financial Accounting Section:
- Covers the principles of financial accounting used to report a company's financial position and performance to external users.
- Includes topics such as the accounting cycle, preparation of financial statements, and concepts like revenue recognition, depreciation, and inventory management.
- Managerial Accounting Section:
- Focuses on the use of accounting information by managers for decision-making purposes.
- Topics include budgeting, cost behavior, cost-volume-profit analysis, and performance evaluation techniques.
- Real-World Applications:
- Provides case studies and examples from real businesses to demonstrate how accounting principles are applied in practice.
- Includes exercises that help reinforce practical skills needed for both financial reporting and managerial decision-making.
- Interactive Learning Tools:
- The textbook integrates interactive exercises, problems, and assessments to support active learning.
- Encourages the use of accounting software and tools to simulate real-world accounting scenarios.
- Current and Relevant:
- The authors ensure that the content reflects the latest accounting standards and practices.
- Includes updated information on topics such as international financial reporting standards (IFRS) and emerging trends in managerial accounting.
This book is suitable for undergraduate and graduate courses in financial and managerial accounting, as well as for professionals seeking a thorough resource for practical accounting applications.
Chapter 1: Foundations of Financial and Managerial Accounting
Chapter 2: The Recording Process
Chapter 3: Adjusting and Closing Entries
Chapter 4: Financial Statements and Ratio Analysis
Chapter 5: Cost Concepts and Cost Management
Chapter 6: Cost Volume Profit Analysis
Chapter 7: Pricing Strategies and Decisions
Chapter 8: Forecasting and Short-Term Decisions
Chapter 9: Budgeting and Variance Analysis
Chapter 10: Accounting Information Systems in Hospitality
Carrie Herzog, BA (Hons), MA, MBA, PhD Dr. Carrie Herzog is a professor and Program Coordinator for the Global Hospitality Management program in the School of Hospitality and Culinary Arts at Conestoga College Institute of Technology & Advanced Learning in Waterloo, Ontario. She has taught courses in hospitality, tourism, and business at the University of Guelph and Conestoga College. Previously, she worked in the hospitality industry for over 10 years.
Meya Mardini, PhD, CPA, is an Assistant Professor of Accounting and Program Coordinator at the University of Doha for Science & Technology in Qatar, where she has been teaching since August 2024. She is also a Professor of Accounting at Sheridan College in Ontario, Canada, where she served from August 2017 to April 2025.
Mardini is an accomplished academic with over 15 years of experience in accounting and finance, holding leadership roles in both theoretical and applied fields. She is recognized for her expertise in research excellence, active and applied teaching methodologies, and non-traditional instructional delivery methods. She has also worked as a Chartered Professional Accountant (CPA Canada) from 2021 to 2025.