Managerial Accounting – Ray H. Garrison, Eric W. Noreen – 11th Edition


For centuries, the lighthouse has provided guidance and safe passage for sailors. Similarly, Garrison/Noreen/Brewer has successfully guided millions of students through managerial accounting, helping them sail smoothly through the course.

Decades ago, lighthouses were still being operated manually. In these days of digital transformation, lighthouses are run using automatic lamp changers and other modern devices. In much the same way, Garrison/Noreen/Brewer has evolved over the years. Today, the Garrison book not only guides students—accounting majors and non-majors alike— safely through the course, but is enhanced by new forms of media and technology to augment student learning and increase student motivation.

As the long-time best-seller, Garrison has helped guide close to 2 million students through the challenging waters of managerial accounting since it was first published. It identifies the three functions managers must perform within their organizations-plan operations, control activities, and make decisions-and explains what accounting information is necessary for these functions, how to collect it, and how to interpret it. To achieve this, Managerial Accounting, 11/E, focuses, now as in the past, on three qualities: Relevance: Every effort is made to help students relate the concepts in this book to the decisions made by working managers.

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  • 1. Managerial Accounting: An Overview
    2. Managerial Accounting and Cost Concepts
    3. Job-Order Costing
    4. Process Costing
    5. Cost-Volume-Profit Relationships
    6. Variable Costing and Segment Reporting: Tools for Management
    7. Activity-Based Costing: A Tool to Aid Decision Making
    8. Profit Planning
    9. Flexible Budgets and Performance Analysis
    10. Standard Costs and Variances
    11. Performance Measurement in Decentralized Organizations
    12. Differential Analysis: The Key to Decision Making
    13. Capital Budgeting Decisions
    14. Statement of Cash Flows
    15. Financial Statement Analysis

    Appendix A Pricing Products and Services
    Appendix B Profitability Analysis
  • Citation

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