Fundamental Managerial Accounting Concepts

Fundamental Managerial Accounting Concepts focuses on the development of decision-making skills helping students to truly understand managerial accounting concepts and improving their ability to make sound business decisions. The text places a heavy emphasis on service and merchandising companies. For example, the budgeting chapter uses a merchandising business, while most traditional texts use a manufacturing company. Using a service company is not only more relevant, but also simplifies the learning environment, thereby making it easier for students to focus on budgeting concepts rather than procedural details.

The Edmonds author team also promotes a students understanding of concepts by isolating and introducing the concepts individually in decision-making contexts. This allows for students to not only comprehend the concepts, but also to understand how business concepts interrelate, which is a very critical part of seeing the bigger picture in accounting.

Utilising a heavy emphasis on decision-making and a unique approach to how accounting concepts are introduced will provide your students the foundational knowledge they need to succeed in the classroom and beyond!