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Managerial Accounting by Stacey M. Whitecotton, Robert Libby and Fred Phillips

ISBN10: 1265317518 | ISBN13: 9781265317515

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ISBN10: 126446813X | ISBN13: 9781264468133

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ISBN10: 1265050503 | ISBN13: 9781265050504

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Product Information

From the award-winning, market-leading Libby/Phillips author team comes a modern, relevant, and engaging textbook for today’s managerial accounting student. The text prepares students for success in business by incorporating key components that motivate and guide them through the course. It builds student interest by using recognizable companies like Starbucks and Apple and shows how managers use accounting information to make decisions in these companies. It helps students become better problem-solvers, using a robust end of chapter practice content and uses interactive technology to enhance student learning. Whitecotton/Libby/Phillips Managerial Accounting brings lively and engaging coverage of managerial accounting topics and decision-making focus to the managerial accounting course and pairs perfectly with Phillips/Clor-Proell/Libby/Libby Fundamentals of Financial Accounting, to provide a truly comprehensive solution to your introductory students. 

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  • 1. Introduction to Managerial Accounting
  • 2. Job Order Costing
  • 3. Process Costing
  • 4. Activity-Based Costing and Cost Management
  • 5. Cost Behavior
  • 6. Cost-Volume-Profit Analysis
  • 7. Incremental Analysis for Short-Term Decision Making
  • 8. Budgetary Planning
  • 9. Standard Costing and Variance Analysis
  • 10. Decentralized Performance Evaluation
  • 11. Capital Budgeting
  • 12. Statement of Cash Flows
  • 13. Measuring and Evaluating Financial Performance

About the Author

Stacey M. Whitecotton

Stacey Whitecotton is an associate professor of accounting in the W. P. Carey School of Business at Arizona State University. She received her PhD and Masters of Accounting from The University of Oklahoma and her Bachelors in Business Administration from Texas Tech University. Stacey teaches managerial accounting and has received numerous awards for outstanding teaching at the undergraduate and graduate level.
Stacey's research interests center around the use of decision aids to improve the decision-making behavior of financial analysts, managers, and auditors. Her research has been published in The Accounting Review, Organizational Behavior and Human Decision Processes, Behavioral Research in Accounting, Auditing: A Journal of Practice and Theory, and The Journal of Behavioral Decision Making.
Stacey and her husband Mark enjoy traveling and the many outdoor activities Arizona has to offer with their two children, Riley and Carley.

Robert Libby

Robert Libby is the David A. Thomas Professor of Accounting and Accounting Area Coordinator at Cornell University, where he teaches the introductory financial accounting course. He previously taught at the University of Illinois, Pennsylvania State University, the University of Texas at Austin, the University of Chicago, and the University of Michigan. He received his BS from Pennsylvania State University and his MAS and PhD from the University of Illinois; he also successfully completed the CPA exam (Illinois).
Bob was selected as the AAA Outstanding Educator in 2000 and received the AAA Outstanding Service Award in 2006 and the AAA Notable Contributions to the Literature Award in 1985 and 1996. He has received the Core Faculty Teaching Award multiple times at Cornell. Bob is a widely published author and researcher specializing in behavioral accounting. He has published numerous articles in The Accounting Review; Journal of Accounting Research; Accounting, Organizations, and Society; and other accounting journals. He has held a variety of offices including vice president, in the American Accounting Association, and he is a member of the American Institute of CPAs and the editorial boards of The Accounting Review and Accounting, Organizations, and Society.

Fred Phillips

Fred Phillips is a Master Teacher and professor of introductory accounting at the University of Saskatchewan. He previously taught at the University of Texas at Austin and the University of Manitoba and has an undergraduate accounting degree, a CPA, a CA (Canada), and a Ph.D. from the University of Texas at Austin. Fred was a 2011 3M National Teaching Fellow and has received the L. S. Rosen Outstanding Educator Award, the American Accounting Association’s Innovation in Auditing and Assurance Education Award, and the American Accounting Association’s Award for Outstanding Research in Accounting Education. He is also a recipient of the Edwards M.P.A.cc Teaching Effectiveness Award and, for the third time, the University of Saskatchewan Student Union’s Teaching Excellence Award. He has published research and instructional cases in Issues in Accounting Education and professional judgment studies in Journal of Accounting Research and Organizational Behavior and Human Decision Processes.

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