Nelson Higher Education

Higher Education

Managerial ACCT2, 2nd Edition

  • includes CengageNOW with eBook Printed Access Card
  • Roby B. Sawyers
  • Steve Jackson
  • Greg Jenkins
  • ISBN-10: 1111822697
  • ISBN-13: 9781111822699
  • 336 Pages | Paperback
  • Previous Editions: 2011
  • COPYRIGHT: 2013 Published
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About the Product

Created from the continuous feedback of a "student-tested, faculty-approved" process, Managerial ACCT2 delivers a visually appealing, succinct print component with review cards that addresses the way students learn and provides instructors the tools they need to lead their students further in this course. To create a truly integrated digital learning environment, each text comes automatically packaged with CengageNOW™, a powerful online homework and course management system. With the inclusion of CengageNOW™, homework from the end-of-chapter can be assigned and graded online and students will have access to an interactive ebook and various digital tools to help them further their study. This suite of materials has been proven to increase retention and outcomes. ACCT2 employs an engaging narrative that emphasizes strong and effective examples to convey and reinforce fundamental financial accounting concepts and procedures. In an attempt to avoid excessive detail, the book focuses on the core concepts that students need to learn in the course through the use of streamlined chapter objectives, shorter chapters, clarity of examples, and a visually engaging design. Each chapter in the book frequently references excerpts from Home Depot's 2010 Annual Report so that students are exposed to real financial data as they cover important accounting rules and procedures. All this is offered at a value-based price!


  • An innovative combination of content delivery both in print and online provides a core text and a wealth of comprehensive multimedia teaching and learning assets based on input from student focus groups and surveys, and from interviews with nearly 300 faculty and students.

  • Shorter, comprehensive chapters in a modern design present content in a more engaging and accessible format without minimizing coverage for your course.

  • Chapter In Review Cards at the back of the Student Editions provide students a portable study tool containing all of the pertinent information for class preparation.

  • Instructor Prep Cards at the back of the Instructor's Edition make preparation simple with detachable cards for each chapter, offering a quick map of chapter content, a list of corresponding PowerPoint and video resources, additional examples, and suggested assignments and discussion questions to help you organize chapter content efficiently.

  • A full suite of unique learning tools that appeal to different learning styles is available to students with the purchase of a new book. Quizzes, audio downloads, video podcasts, and more are only a click away.

  • All of the content and resources you expect with a supplements package that is second to none including access to CengageNOW and the Solutions Manual, Examview Test Bank, Instructor's Manual, and Lecture PowerPoint.

About the Author

Roby B. Sawyers

Dr. Roby Sawyers, Ph.D., C.P.A., C.M.A., is a professor in the Department of Accounting at North Carolina State University. He earned his undergraduate accounting degree from the University of North Carolina at Chapel Hill, his M.A. from the University of South Florida and his Ph.D. from Arizona State University. Dr. Sawyers has taught a variety of undergraduate and graduate tax courses at both NC State and UNC-Chapel Hill and has served as a visiting professor in the International Management Program at the Catholic University in Lille, France, and the Vienna School of Economics and Business (Wirtschaftsuniversitat Wien). He has taught continuing education courses for the AICPA, NCACPA, BDO Seidman, McGladrey and Pullen, Dixon, Hughes Goodman, KPMG and PricewaterhouseCoopers. In addition to co-authoring FEDERAL TAX RESEARCH, Dr. Sawyers is a frequent contributor for leading academic, policy and professional tax journals. Dr. Sawyers has been an active member of the AICPA's Tax Division, has served on the Tax Executive Committee, has chaired the Trust, Estate and Gift Tax Technical Resource Panel and has chaired the AICPA's task force on estate tax reform. He has also been active in tax policy issues in North Carolina, serving as the Chief of Staff for the North Carolina General Assembly's State and Local Fiscal Modernization Study Commission and as an advisor to the General Assembly's Joint Select Committee on Economic Development Incentives and North Carolina's Economic Development Board.

Steve Jackson

Steve Jackson, C.P.A., is an Associate Professor at The University of Southern Mississippi. He earned a Ph.D. from Arizona State University and a B.S. from the University of Montana. Professor Jackson is a co-author of Managerial Accounting: A Focus on Ethical Decision Making in its fifth edition, published by Cengage Learning. Professor Jackson has published articles in such referenced journals as Journal of Accounting and Finance Research, Journal of Economic and Social Measurement, Journal of Economic and Business Perspectives, Journal of Business and Economic Research, Accounting Educators Journal, and Journal of Accountancy. His research interests are in accounting education and behavioral issues in Ethics and Auditing. He has more than 23 years of teaching experience. Dr. Jackson has taught courses in managerial accounting and strategic cost management, auditing and assurance, and financial accounting at both the undergraduate and graduate levels. Professor Jackson has received numerous teaching and research awards. Dr. Jackson's professional activities include membership in the American Institute of Certified Public Accountants, the American Accounting Association, the Institute of Management Accountants, and the Institute of Internal Auditors. He is a former staff accountant with Touche Ross & Co. in Seattle and has more than 12 years of public accounting experience. Professor Jackson and his wife Cheryl live in D'Iberville, Mississippi. They have three grown children, Christina, Kent, and Benjamin, and two grandchildren, Charles and Elise.

Greg Jenkins

J. Gregory Jenkins, CPA, is Associate Professor of Accounting and Information Systems and the William S. Gay Research Fellow at Virginia Tech. He earned a Ph.D. from Virginia Polytechnic Institute and State University, and an M.S. in accounting and a B.S.B.A. from Appalachian State University. Professor Jenkins has published articles in Accounting, Organizations and Society, Auditing: A Journal of Practice and Theory, Behavioral Research in Accounting, Internal Auditing, Journal of Accountancy, Journal of Information Systems, Strategic Finance, and The CPA Journal. He is also a coauthor of Comprehensive Assurance & Systems Tool, an integrated practice set, and the author of The Enron Collapse, both published by Prentice Hall. He has taught courses in accounting information systems, undergraduate and graduate auditing, business ethics, and managerial and financial accounting principles. Professor Jenkins was previously on the faculty at North Carolina State University, where he received the University Outstanding Teacher Award and was inducted into the Academy of Outstanding Teachers. In addition, Professor Jenkins has served as a visiting professor in the International Management Program at the IESEG School of Management, Catholic University, Lille, France. His professional activities include membership in the American Accounting Association and the American Institute of Certified Public Accountants. Professor Jenkins previously worked as an auditor with Ernst & Young, LLP, and McGladrey & Pullen, LLP, and he has provided consulting services to the furniture industry. He also served on a research task force of the Auditing Section of the American Accounting Association charged with advising the Public Company Accounting Oversight Board on revisions to quality control standards. Professor Jenkins lives with his wife, two daughters, and son in Blacksburg, Virginia.

Table of Contents

1. Introduction to Managerial Accounting.
2. Product Costing: Manufacturing Processes, Cost Terminology, and Cost Flows.
3. Job Costing, Process Costing, and Operations Costing.
4. Activity-Based Costing.
5. Cost Behavior.
6. Cost-Volume-Profit Analysis.
7. Relevant Costs and Product Planning Decisions.
8. Long-Term (Capital Investment) Decisions.
9. The Use of Budgets in Planning and Decision Making.
10. Variance Analysis—A Tool for Cost Control and Performance Evaluation.
11. Decentralization, Performance Evaluation, and the Balanced Scorecard.
12. Financial Statement Analysis.
13. The Statement of Cash Flows.
Appendix: Time Value of Money.

New to this edition

  • Job order and process costing were moved up in the table of contents to follow the discussion of product costing and cost flows. In return, cost behavior was moved to precede the discussion of CVP analysis. This change reflects a more common sequence of topic progression within most managerial accounting courses.
  • New coverage on process costing on the production report was added, as it pertains to preparation under the FIFO and Weighted Average methods.
  • Significantly more end-of-chapter homework items have been added to ACCT2 to improve breadth and variety. This includes an entirely new section of brief exercises, as well as twice as many exercises, problems, and cases that were present in ACCT. In addition, a new mini-case, the Daily Grind, has been added to ACCT2 and covers several topics found in multiple chapters.
  • "Making it Real" boxes have been updated with more current examples and real-world references.
  • Considerable upgrades to the CengageNOW online homework platform feature set include an increased number of algorithmic options, enhanced written feedback, Blueprint Problems, a new Personalized Study Plan with pre-test and post-test assignments, new animations and more.


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

Instructor Supplements

eBook: Managerial ACCT2  (ISBN-10: 0357228758 | ISBN-13: 9780357228753)

Student Supplements

eBook with Cengage Learning Write Experience 2.0 Powered by MyAccess Instant Access Code  (ISBN-10: 1133938175 | ISBN-13: 9781133938170)

Successfully complete your accounting writing assignments with Write Experience 2.0. This innovative system scores your writing instantly and provides you with detailed revision goals and feedback to put you on track for writing excellence.

WebTutor™ on Blackboard® with eBook on Gateway Instant Access Code  (ISBN-10: 1133726550 | ISBN-13: 9781133726555)

Succeed in your accounting course with this anytime, anywhere customized learning solution that reinforces and clarifies complex concepts, provides online quizzes with instant feedback and other online learning tools, and keeps you connected to your textbook, instructor, and classmates.

WebTutor™ on WebCT with eBook on Gateway Instant Access Code  (ISBN-10: 1133726542 | ISBN-13: 9781133726548)

Succeed in your accounting course with this anytime, anywhere customized learning solution that reinforces and clarifies complex concepts, provides online quizzes with instant feedback and other online learning tools, and keeps you connected to your textbook, instructor, and classmates.

eBook: Managerial ACCT2  (ISBN-10: 0357228758 | ISBN-13: 9780357228753)