Managerial Accounting

Managerial Accounting, 7th Canadian Edition is known for its clear, student-focused pedagogy and practical, decision-making approach. Built around real Canadian business examples and a step-by-step learning design, this text emphasizes the importance of managerial accounting concepts for anyone pursuing a career in accounting or business more broadly. Each chapter integrates “Do It!” exercises, review opportunities, and decision tools to help reinforce core concepts through active learning. By connecting managerial accounting to real-world business decisions and promoting the development of key data analysis skills, this book empowers students to not only understand the numbers—but use them effectively as the next generation of accounting professionals.

Cost Concepts for Decision Makers 1 Managerial Accounting 1-1 2 Managerial Cost Concepts and Cost Behaviour Analysis 2-1 3 Job-Order Cost Accounting 3-1 4 Process Cost Accounting 4-1 5 Activity-Based Costing 5-1 Decision-Making Concepts 6 Decision-Making: Cost-Volume-Profit 6-1 7 Incremental Analysis 7-1 8 Alternative Inventory Costing Methods: A Decision-Making Perspective 8-1 9 Pricing 9-1 Planning and Control Concepts 10 Budgetary Planning 10-1 11 Budgetary Control and Responsibility Accounting 11-1 12 Standard Costs and Balanced Scorecard 12-1 13 Planning for Capital Investments 13-1 Company Index / Subject Index I- 1