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Managerial Accounting, 5th Edition

Managerial Accounting, 5th Edition

James Jiambalvo

ISBN: 978-1-118-07876-1

Oct 2012

544 pages


Recognizing that most students will pursue careers as managers, not accountants, Managerial Accounting, 5th Edition by James Jiambalvo is designed to teach the fundamental ideas of managerial accounting while making direct connections between managerial accounting, techniques in the business world, and students' future careers. Students and instructors alike have praised this texts clear and concise writing style, to-the-point discussions, real world cases, manager's insights, illustrated ideas, and examples. This new edition provides students with many opportunities to test their knowledge as they learn the concepts throughout each chapter. This text is an unbound, binder-ready edition. WileyPLUS sold separately from text.

Related Resources

Chapter 1 Managerial Accounting in the Information Age 3

Chapter 2 Job-Order Costing for Manufacturing and Service Companies 37

Chapter 3 Process Costing 85

Chapter 4 Cost-Volume-Profit Analysis 121

Chapter 5 Variable Costing 173

Chapter 6 Cost Allocation and Activity-Based Costing 205

Chapter 7 The Use of Cost Information in Management Decision Making 257

Chapter 8 Pricing Decisions, Analyzing Customer Profitability, and Activity-Based Pricing 297

Chapter 9 Capital Budgeting and Other Long-Run Decisions 329

Chapter 10 Budgetary Planning and Control 371

Chapter 11 Standard Costs and Variance Analysis 417

Chapter 12 Decentralization and Performance Evaluation 453

Chapter 13 ONLINE ONLY – Statement of Cash Flows 501

Chapter 14 ONLINE ONLY – Analyzing Financial Statements: A Managerial Perspective 535

Glossary G-1

Index I-1


  • The biggest change to the book is that Chps 13 (Statement of Cash Flows) and 14 (Analyzing Financial Statements) are being removed from the printed text. They will still appear online and in the WileyPLUS course.
  • All of the end-of-chapter material has been updated (new dates, values)
  • There is a new “Test Your Knowledge” feature in the book. This is a multiple choice question inserted after key concepts in the chapter (2-3 per chp) as a quick check for students to make sure they understand what they’ve read.
  • One of the most concise managerial accounting books on the market.
  • The text focuses on two key ideas of managerial accounting: 1) decision making relies on incremental analysis and (2) You Get What You Measure! These two key ideas are highlighted in each chapter through specific examples.
  • Links to Practice boxes and cases in each chapter provide opportunities for students to focus on decision making with real-world applications that make managerial accounting come alive
  • Coverage of cutting-edge topics including the balanced scorecard, economic value added (EVA), activity-based costing, activity-based management, activity-based pricing, and the theory of constraints
  • Each chapter of Managerial Accounting includes one or more cases. These cases promote critical thinking and decision-making skills, provide an opportunity for group work and/or written communication
  • Each chapter has three short exercises that focus on small group discussion, writing, or Web research.