Managerial accounting : concepts for planning, control, decision making / Ray H. Garrison

Includes index.

Part 1. Managerial Accounting Fundamental -- Part 2. Uses of Managerial Accounting Data -- Part 3. Selected Topics for Further Study.

This text is designed for a one-term course in managerial accounting for use by students who have already completed one or two terms of basic financial accounting. The emphasis of Managerial Accounting is on uses of accounting data internally by managers in directing the affairs of business and nonbusiness organizations. Managers need information in order to carry out three essential functions in an organization: (1) to plan operations; (2) to control activities; and (3) to make decisions. The purpose of Managerial Accounting is to show what kinds of information the manager needs, where this information can be obtained, and how this information is used in carrying out these essential functions. The book has a "top-down" focus in that it looks at accounting data through the eyes of those who must use the data in the management of an enterprise. Looking at accounting data from this perspective allows several things to be accomplished with the book. First, it helps students to realize that accounting data are a means rather than an end. Second, it provides a unifying base on which to build concepts. And third, it permits the instructor to portray the internal accountant in his or her true role that of a key participant in the basic functions of management.