This book is aimed squarely at the new learning styles evident in today’s students and addresses accounting industry changes as well. Accordingly, three core themes lie at the foundation of this text:
- Focused. Students want to be as efficient as possible in their learning. This book adopts a concise, jargon-free, and easy-to-understand approach. Key concepts are provided in short segments with bullet points and step-by-step instructions to simplify concepts. A thoughtful, stepwise approach helps students avoid distractions and focuses attention on the big picture.
- Reinforcement. Review Problems at the end of each major section offer practical opportunities for students to apply what they have learned. These Review Problems allow students to immediately reinforce what they have learned and are provided within the body of the chapter along with the solutions.
- Relevance. Students perform better when they can answer the “why” question. Why is managerial accounting important? Meaningful references to companies throughout the chapters help students tie the concepts presented in each chapter to real organizations.
In addition, realistic managerial scenarios present an issue that must be addressed by the management accountant. These pique student interest and are designed to show how issues can be resolved using the concepts presented in the chapter.
Finally, Business in Action features in this text link managerial decision making to real business decisions.