Nelson Higher Education

Higher Education

Managerial Accounting: An Introduction to Concepts, Methods and Uses, 11th Edition

  • Michael W. Maher
  • Clyde P. Stickney
  • Roman L. Weil
  • ISBN-10: 1111571260
  • ISBN-13: 9781111571269
  • 640 Pages | Hardcover
  • Previous Editions: 2008, 2006, 2004
  • COPYRIGHT: 2012 Published
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About the Product

Prepare your MBA students to become successful managers, not just leading accountants, with the proven success of MANAGERIAL ACCOUNTING: AN INTRODUCTION TO CONCEPTS, METHODS AND USES, 11E. This edition effectively balances coverage of concepts, methods, and the uses of managerial accounting with a strong emphasis on management decision-making. Students focus on concepts and managerial uses of financial information, rather than simply perfecting the accounting techniques. This edition combines core managerial accounting concepts with the latest cutting-edge material that is relevant to all managers and decision makers. A continued emphasis on international issues prepares students for today's globalized business environment. This edition also highlights the strategic effects of decisions, ethics, and new management accounting trends to prepare students for the challenges of today's workplace. Numerous realistic examples and application problems help emphasize the skills most critical today including process improvement and integrating financial reporting issues within management decision-making. Students also learn to apply managerial accounting tools to the emerging service sector, government, and nonprofit organizations with new coverage of risk management and internal controls. Select MANAGERIAL ACCOUNTING, 11E to truly prepare your MBA students to be the successful managers they are meant to be.


  • Many analysis opportunities and emphasis on evaluation appear in the end-of-chapter applications, giving students higher-level thinking and decision-making practice needed for career success.

  • Suggested solutions to even-numbered exercises appear within the text to allow students to check their own progress and understanding.

  • Critical Analysis Questions encourage students to think beyond the standard answers and refine the critical thinking and cognitive skills important for management today.

  • Corporate Governance Appendix emphasizes Risk Management and Internal Controls, providing flexibility to cover these topics in the depth appropriate for the course goals.

  • Coverage of timely, relevant topics prepares students to deal with Corporate Governance, Internal Audits, Customer Profitability Analysis, Quality Performance Measures, Target & Kaizen Costing, and Marketing & Distribution Cost Analysis.

About the Author

Michael W. Maher

Michael W. Maher, Ph.D., is Professor of Management and Accounting and Associate Dean for Faculty at the Graduate School of Management at the University of California, Davis. He received his bachelor's degree in accounting from Gonzaga University and his MBA and Ph.D. from the University of Washington (Seattle). He has experience in public accounting, has co-managed his own business, and consulted with numerous companies and governmental bodies. Dr. Maher is active in the Management Accounting Section of the American Accounting Association, including service as president. He has co-authored numerous books and published articles in numerous journals.

Clyde P. Stickney

Clyde P. Stickney is the Signal Companies' Professor of Management, Emeritus at the Amos Tuck School of Business Administration, Dartmouth College. He received his DBA from Florida State University and taught at the University of Chicago and the University of North Carolina at Chapel Hill before joining the Tuck School in 1977. He has also taught at business schools in Japan, Australia, Finland, and Germany. Prof. Stickney has authored and coauthored books on financial accounting, managerial accounting, and financial statement analysis.

Roman L. Weil

Roman L. Weil, Ph.D., CPA, is the V. Duane Rath Professor Emeritus of Accounting at the University of Chicago and has within recent years been Visiting Professor at the Haas School of the University of California, Berkeley; Carnegie Mellon University; Harvard Law School; Princeton University; and New York University. He has designed and implemented continuing education programs for partners at two of the large accounting firms and for employees at several operating corporations. Dr. Weil has co-authored dozens of books. His lay articles have appeared in Barron's and The Wall Street Journal. He has published more than 80 articles in academic and professional journals, most recently on financial literacy for corporate governance and on the exposure of wine snobbery.

Table of Contents

1. Fundamental Concepts.
2. Measuring Product Costs.
3. Activity-Based Management.
4. Strategic Management of Costs, Quality, and Time.
5. Cost Drivers and Cost Behavior.
6. Financial Modeling for Short-Term Decision Making.
7. Differential Cost Analysis for Operating Decisions.
8. Capital Expenditure Decisions.
9. Profit Planning and Budgeting.
10. Profit and Cost Center Performance Evaluation.
11. Investment Center Performance Evaluation.
12. Incentive Issues.
13. Allocating Costs to Responsibility Centers.
Appendix: Compound Interest Examples and Applications.
Compound Interest and Annuity Tables.

New to this edition

  • New introduction to IFRS in Chapter (1) provides the proper context of global changes to accounting rules.
  • Expanded introduction to the value chain, as well as new problem material on this key topic.
  • New introduction to global strategies in Chapter One's coverage of modern production environment, along with new problem material on global strategies.
  • New Appendix 2.3 to Chapter (2) shows the flow of costs in manufacturing companies. Related new problem material is also included.
  • New and revised Managerial Applications update classic examples from actual companies.


All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

Instructor's Resource CD-ROM  (ISBN-10: 1111571279 | ISBN-13: 9781111571276)

This all-in-one tool places all the resources needed to effectively plan and teach at your fingertips. Instructor's Manual: The Instructor' Manual, designed specifically for the needs of today's MBA instructors, contains all the resources needed to minimize class preparation time while maximizing the effectiveness of your teaching. Chapter overviews, learning objectives, lecture notes with teaching suggestions, and guides for group discussion all equip you with the tools for positive outcomes throughout your course. PowerPoint: Instructor's PowerPoint® slides bring lectures to life, providing additional clarity to the more complex managerial accounting issues within each chapter in the text. These slides, which are ideal as lecture tools, are also available on the text companion Website. Solutions Manual: The Solutions Manual offers the highest accuracy as it provides solutions for all end-of-chapter material. The Solutions Manual is available on the IRCD and on the text companion Website. Test Bank: The Test Bank in Word features the questions you need to efficiently assess your students' comprehension. ExamView®, the easy-to-use test creation software, contains all questions from the Test Bank, making it simple to customize tests to your specific class needs. Simply edit or create questions and store customized exams.