| As the long-time best-seller, Garrison has helped guide close to 3 million students through 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. Garrison’s Managerial Accounting, is known for its accuracy and rigor. It is also unique in that the authors write the most important supplements that accompany the book: solutions manual, test bank, instructor’s manual, and study guide. |
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 This is the #1 Management Accounting Textbook and Worth the Investment Many Times Over |
| Review Date: August 30, 2009 |
| Reviewer: Citizen John, Washington, DC |
In the industry we call this the "Lighthouse Series." It is the preeminent textbook in Management Accounting. My firm uses this book as a resource and it is available to us at work. I'm a practicing CPA, licensed in Washington, DC with a master's degree in accounting.
Initially I hesitated to review the 13th edition of the Lighthouse Series because it is hard to do so without finding something critical to say. But the authors dedicated this book "To our families and to our many colleagues who use this book." Management Accounting is meant to be the number one textbook in its field, which it is, and the number one management accounting resource to practicing accountants, which is also the case.
This book is dominant because of the enormous investment in making it simply the most student-friendly and resourceful text in the field. This is one of the few texts where no money was spared to make it what it is today, and the list of professors that contributed by being reviewers and consultants to this text is longer than any such list I have ever seen. You can hardly find any written work that has benefited from and survived such scrutiny.
The three authors are famous within the profession as they have published many scholarly articles in the professional journals. But what impresses me more is that they have all won major awards for teaching, even awards that were decided by students. I am even more impressed with star teacher accountants than prolific publisher accountants because their contribution will ultimately be greater.
There are many topics covered in this text and the following is just a sample: job order costing; process costing; activity-based costing; cost-volume-profit; inventory; balanced scorecard; overhead application and analysis; budgeting; financial statement analysis; decentralization and segment reporting; valuation methods; management investment projects; decision-making of all types including make-or-buy and allocation type decisions and much more.
The textbook is part of a set that is produced and reviewed by all the same people. The sturdy 896 page hardcover with good paper stock and sturdy binding is a fraction of the material. You also get the best supplements of any book within the subject of accounting, and fortunately you can use one password to access all of the book's online resources. These supplements include but are not limited to Homework Manager (a lot of problems of which only a fraction would be assigned by a professor with instant feedback); Online Curriculum Center (contains many Internet-based activities such as quizzes, tours and even information about careers and jobs); Topic Tackler Plus (interactive multimedia lessons); Workbook Study Guide; Templates; Practice Sets; Notes and Study Aids. Again, no expense has been spared and the list of professors that added value to these resources is extensive almost beyond belief.
Finally I am actually surprised at the relatively low cost on Amazon considering the quality of the textbook, the online resources behind the text and the money spent to produce this 13th edition of the Lighthouse Series. I know that for students, it is not a cheap book, but it is not as expensive as many textbooks with far less expertise and resources required for production.
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The best of the best
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| Review Date: December 23, 2009 |
| Reviewer: Brandon Taylor, Palmdale, CA |
I took managerial accounting for the first time with a fairly difficult instructor and this book really helped me. If it weren't for the clear and helpful examples, I would have failed the class. The book is filled with real-world, easy to understand examples which makes the difficult-for-newbie accounting methods as simple as humanly possible. Everything is explained perfectly so I am very happy that I had the privilege of using this book for the class.
In short: This book makes an already hard for most subject as easy and non-intimidating as possible. A++ |
Managerial Accounting
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| Review Date: February 1, 2010 |
| Reviewer: Barbara J. Long, Milwaukee, WI USA |
| The book is for school, so I only bought because I had to. I was very pleased with the speed at which I received my book in the promised condition. |
Satisfaction Guaranteed
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| Review Date: February 2, 2010 |
| Reviewer: J. Weber, |
| I ordered this book for my daughter. She received it on time and in excellent condition. It was cheaper than what the bookstore was selling it for, so you can't beat it. I would definitely recommend buying text books from Amazon. |
Managerial Accounting
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| Review Date: August 22, 2009 |
| Reviewer: Kendra Sysak, Coleman, MI |
| arrived in great shape & will get me through one of my 4 classes to finish my Masters degree |
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