The Benefits and Challenges of Using Managerial Accounting Asian Global Edition 2e PDF
Managerial Accounting Asian Global Edition 2e PDF: A Comprehensive Guide
If you are looking for a textbook that covers the essential concepts and principles of managerial accounting in a clear, concise, and relevant way, then you might want to consider Managerial Accounting Asian Global Edition 2e PDF. This is a textbook that has been uniquely written and structured to meet the demands of the accounting profession in the Asia-Pacific region. In this article, we will provide you with a comprehensive guide on what this textbook is, how to use it effectively, and how to get it for free.
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What is managerial accounting and why is it important?
Managerial accounting is the branch of accounting that focuses on providing information and analysis to managers and other internal users for planning, controlling, and decision making purposes. Managerial accounting helps managers to achieve the strategic goals and objectives of their organizations by providing them with relevant, timely, and accurate information about the costs, revenues, performance, and profitability of various activities, products, services, departments, and segments.
The role of managerial accounting in decision making
Managerial accounting plays a vital role in helping managers to make informed and rational decisions that affect the future of their organizations. Some of the common decisions that managers need to make include:
How to allocate scarce resources among competing alternatives
How to set prices for products and services
How to evaluate the profitability and efficiency of different projects and investments
How to design budgets and performance measurement systems
How to motivate and reward employees
To make these decisions effectively, managers need to use various managerial accounting tools and techniques, such as:
Cost-volume-profit analysis
Activity-based costing
Variable costing
Relevant costing
Capital budgeting
Balanced scorecard
These tools and techniques help managers to identify the relevant costs and benefits of each alternative, to measure and compare the expected outcomes of each alternative, and to choose the best alternative that maximizes the value of the organization.
The differences between managerial accounting and financial accounting
Managerial accounting differs from financial accounting in several ways. Financial accounting is the branch of accounting that focuses on providing information and reports to external users, such as investors, creditors, regulators, and tax authorities. Financial accounting follows a set of rules and standards, such as generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS), to ensure that the information is consistent, comparable, reliable, and verifiable. Financial accounting mainly reports on the past performance and financial position of the organization as a whole.
On the other hand, managerial accounting does not follow any rules or standards, but rather adapts to the specific needs and preferences of each manager and organization. Managerial accounting mainly reports on the future plans and actions of the organization at different levels, such as divisions, departments, products, or customers. Managerial accounting is more flexible, creative, and forward-looking than financial accounting.
What is Managerial Accounting Asian Global Edition 2e PDF?
Managerial Accounting Asian Global Edition 2e PDF is the second edition of the textbook Managerial Accounting: An Asian Perspective, which was first published in 2011. This textbook is based on the original textbook Managerial Accounting by Ray H. Garrison, Eric W. Noreen, and Peter C. Brewer, which is one of the most popular and widely used managerial accounting textbooks in the world. However, this textbook has been adapted and customized to suit the needs and expectations of the students and instructors in the Asia-Pacific region.
The features and benefits of this textbook
Some of the features and benefits of this textbook are:
It covers the core topics and concepts of managerial accounting in a clear, concise, and relevant way, with a focus on the three important qualities: relevance, accuracy, and clarity.
It includes new Asian content and examples that reflect the current business environment and practices in the Asia-Pacific region.
It uses a business focus approach that introduces each chapter with a short story that relates to the real-world situations and problems that managers face.
It provides various pedagogical features that help students to learn effectively, such as learning objectives, key terms, summaries, exercises, problems, cases, and self-study quizzes.
It offers online resources and tools that enhance the learning experience, such as ConnectPlus (an online platform that provides interactive learning activities, feedback, and assessment), videos, news articles, and instructor's manual.
The contents and structure of this textbook
This textbook consists of 17 chapters that are organized into five parts:
Part
Title
Chapters
I
Managerial Accounting: An Overview
1. Managerial Accounting: An Overview2. Managerial Accounting and Cost Concepts
II
Costing Systems: Concepts and Design Issues
3. Systems Design: Job-Order Costing4. Systems Design: Process Costing5. Cost Behavior: Analysis and Use6. Cost-Volume-Profit Relationships
III
Planning and Control Decisions
7. Variable Costing: A Tool for Management8. Activity-Based Costing: A Tool to Aid Decision Making9. Profit Planning10. Flexible Budgets and Performance Analysis11. Standard Costs and Operating Performance Measures12. Segment Reporting, Decentralization, and the Balanced Scorecard
IV
Making Decisions
13. Relevant Costs for Decision Making14. Capital Budgeting Decisions
V
New Developments in Managerial Accounting
15. How Well Am I Doing? Financial Statement Analysis16. Sustainability Reporting17. Ethics in Business
How to use Managerial Accounting Asian Global Edition 2e PDF effectively?
To use this textbook effectively, you should follow some best practices for studying with this textbook, such as:
The best practices for studying with this textbook
Read the business focus story at the beginning of each chapter to get an overview of what you will learn and how it relates to the real world.
Review the learning objectives at the beginning of each chapter to identify the main topics and concepts that you need to master.
Read the chapter carefully and pay attention to the key terms, examples, illustrations, tables, figures, and formulas.
Solve the exercises and problems at the end of each chapter to test your understanding and apply your knowledge.
Check your answers with the solutions provided at the end of the book or online.
Tackle the cases at the end of each chapter to develop your critical thinking and problem-solving skills.
Take the self-study quizzes at the end of each chapter or online to review your learning outcomes.
Reread the summary at the end of each chapter to reinforce your main takeaways.
Avoid cramming before exams and instead review regularly throughout the semester.
The online resources and tools available with this textbook
In addition to the textbook itself, you can also access various online resources and tools that can help you to learn more effectively and efficiently. Some of these online resources and tools are:
ConnectPlus: This is an online platform that allows you to access interactive learning activities, such as quizzes, games, simulations, and videos, that are aligned with the textbook chapters. You can also get instant feedback and track your progress and performance. ConnectPlus also enables you to submit your assignments and assessments online and get graded automatically.
News articles: These are articles from reputable sources that provide current and relevant information and insights on various topics related to managerial accounting. You can read these articles to enhance your understanding and awareness of the real-world issues and challenges that managers face.
Instructor's manual: This is a resource for instructors that provides teaching tips, lecture notes, PowerPoint slides, test bank questions, and solutions for all the exercises, problems, and cases in the textbook.
How to get Managerial Accounting Asian Global Edition 2e PDF for free?
If you want to get Managerial Accounting Asian Global Edition 2e PDF for free, you might be tempted to search for it online and download it from various websites that offer free textbooks. However, before you do that, you should be aware of the legal and ethical issues of downloading textbooks online.
The legal and ethical issues of downloading textbooks online
Downloading textbooks online without paying for them or without the permission of the authors or publishers is considered as an act of piracy or copyright infringement. This is illegal and can have serious consequences, such as:
You can face legal actions from the authors or publishers who can sue you for damages or seek injunctions to stop you from using or distributing their works.
You can face disciplinary actions from your school or university who can penalize you for violating their academic integrity policies or codes of conduct.
You can face moral dilemmas from your conscience who can make you feel guilty or ashamed for stealing someone else's intellectual property or hard work.
Downloading textbooks online without paying for them or without the permission of the authors or publishers is also unethical and unfair. This is because:
You are depriving the authors or publishers of their rightful income and reward for their efforts and investments in creating and producing quality textbooks.
You are disrespecting the authors or publishers who have spent a lot of time and resources to research, write, edit, design, print, and distribute their textbooks.
You are harming the academic community who rely on the authors or publishers to provide them with updated and reliable textbooks that support their teaching and learning needs.
The reliable and safe sources of getting this textbook for free
If you want to get Managerial Accounting Asian Global Edition 2e PDF for free legally and ethically, you should look for reliable and safe sources that offer this textbook for free with the consent of the authors or publishers. Some of these sources are:
Your school or university library: You can check if your school or university library has a copy of this textbook that you can borrow for free. You can also check if your library has an e-book version of this textbook that you can access online for free.
Your instructor: You can ask your instructor if he or she has a copy of this textbook that you can use for free. You can also ask your instructor if he or she has access to an online version of this textbook that you can use for free.
Your classmates: You can ask your classmates if they have a copy of this textbook that they are willing to share with you for free. You can also ask your classmates if they have downloaded an online version of this textbook that they are willing to share with you for free.
Conclusion
In conclusion, Managerial Accounting Asian Global Edition 2e PDF is a textbook that covers the essential concepts and principles of managerial accounting in a clear, concise, and relevant way. It is designed to meet the needs and expectations of the students and instructors in the Asia-Pacific region. It offers various features and benefits that help students to learn effectively and efficiently. It also provides online resources and tools that enhance the learning experience. However, if you want to get this textbook for free, you should be careful about the legal and ethical issues of downloading textbooks online. You should look for reliable and safe sources that offer this textbook for free with the consent of the authors or publishers.
FAQs
Here are some frequently asked questions about Managerial Accounting Asian Global Edition 2e PDF:
Who are the authors of this textbook?
The authors of this textbook are Ray H. Garrison, Eric W. Noreen, Peter C. Brewer, Nam Sang Cheng, Ronald W. Hilton, and Katherine C. K. Yuen.
Who are the publishers of this textbook?
The publishers of this textbook are McGraw-Hill Education Asia.
When was this textbook published?
This textbook was published in 2015.
How much does this textbook cost?
The price of this textbook varies depending on the format, edition, and seller. You can check the current price of this textbook on various online platforms, such as Amazon, Book Depository, or Chegg.
How can I contact the authors or publishers of this textbook?
You can contact the authors or publishers of this textbook by visiting their official websites or social media accounts. You can also send them an email or a letter to their addresses.
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