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    Read more about Financial and Managerial Accounting

    Financial and Managerial Accounting

    (3 reviews)

    Lolita Paff, Pennsylvania State University

    Copyright Year:

    Publisher: Pennsylvania State University

    Language: English

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    CC BY-NC-SA

    Reviews

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    Reviewed by Sayan Sarkar, Assistant Professor, University of Mary Washington on 8/21/24

    The textbook is very comprehensive when it content. The one thing that is missing is data analytics. Little bit of excel exercises would be really helpful. Data analytics is very important and if the textbook can touch a bit on that would be... read more

    Reviewed by Enxi An, Ph.D. / Instructor, Old Dominion University on 7/5/24, updated 8/14/24

    The textbook adeptly introduces the fundamental principles of Financial and Managerial Accounting in a clear and concise manner. Its structured approach makes it an excellent resource for both undergraduate and graduate-level courses, providing a... read more

    Reviewed by Jacklyn A. Collins, Ed.D., CPA, Adjunct Dept of Accounting, Strome College of Business, Old Dominion University on 6/29/24

    The Fundamental topics of Financial and Managerial Accounting are introduced clearly in a concise manner. This text would be an excellent choice for a Graduate course. read more

    Table of Contents

    • Acknowledgements
    • Welcome!
    • Introduction
    • Chapter 1 - The Accounting Cycle
    • Chapter 2 - Accounting for Merchandisers
    • Chapter 3 - Short-term and Long-term Assets
    • Chapter 4 - Internal Controls
    • Chapter 5 - Liabilities & Equity
    • Chapter 6 - Introduction to Managerial Accounting
    • Chapter 7 - Cost-Volume-Profit Analysis
    • Chapter 8 - Job Order & Process Costing
    • Chapter 9 - Accounting for Overhead
    • Chapter 10 - Budgeting, Standard Costs and Variances
    • Change Log

    Ancillary Material

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    About the Book

    Textbook prices for introductory accounting courses are typically very high and new editions are frequently introduced, limiting the resale value and use of older editions.  Simply put, a free, open-source textbook increases accessibility by eliminating the cost barrier.  Free is my favorite price! Second... Accounting textbooks also commonly seen as… BORING!

    This book is uniquely constructed to integrate reading, video tutorials, links and practice to make learning… dare I write it… FUN!  OK, maybe that’s overstating a bit, but this is not your typical accounting text.

    About the Contributors

    Author

    Lolita Paff, Pennsylvania State University

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