Fundamental Managerial Accounting Concepts

Fundamental Managerial Accounting Concepts focuses on the development of decision-making skillshelping students to truly understand managerial accounting concepts andimproving their ability to make sound business decisions. The text places aheavy emphasis on service and merchandising companies. For example, thebudgeting chapter uses a merchandising business, while most traditional textsuse a manufacturing company. Using a service company is not only more relevant,but also simplifies the learning environment, thereby making it easier forstudents to focus on budgeting concepts rather than procedural details. The Edmonds author team alsopromotes a student's understanding of concepts by isolating and introducing theconcepts individually in decision-making contexts. This allows for students tonot only comprehend the concepts, but also to understand how business conceptsinterrelate, which is a very critical part of seeing the bigger picture inaccounting. Utilising a heavy emphasis on decision-makingand a unique approach to how accounting concepts are introduced will provideyour students the foundational knowledge they need to succeed in the classroomand beyond!