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8 Accounting

Miranda Walston

Last update: Jan 9/25

Case Studies

Lumen Learning: Managerial Accounting Case Studies provided by Lumen Learning (CC BY).

Harley Davidson; Burton Snowboards; Janus Motorcycles; MOD Pizza; Auto Manufacturing; Zero-Based Budgeting; Ski Santa Fe; Highland Park; Wells Fargo

Textbooks

Accounting Principles: A Business Perspective by Roger H. Hermanson, James Don Edwards, Michael W. Maher (CC BY).

Accounting Principles: A Business Perspective uses annual reports of real companies to illustrate many of the accounting concepts in use in business today. Gaining an understanding of accounting terminology and concepts, however, is not enough to ensure your success. You also need to be able to find information on the Internet, analyze various business situations, work effectively as a member of a team, and communicate your ideas clearly. This text was developed to help you develop these skills.

Cost Accounting by Bill Bonner (CC-BY-NC-SA).

It is my intent in this chapter to set up the topic, not as an introduction to a text book or course topic introduction, but rather as an integral introduction to the idea of cost accounting and challenges over time that lead to the development of cost accounting concepts or events that called them into question.

Intermediate Financial Accounting 2 by Michael Van Roestel (CC-BY-NC-SA),

This textbook is intended for a first course in intermediate financial accounting. It presumes that students have already completed introductory financial accounting. It has been extensively edited by Fanshawe College from its original version Intermediate Financial Accounting Volume 2 written by Glenn Arnold and Suzanne Kyle.

Principles of Accounting, Volume 1: Financial Accounting.  and Principles of Accounting, Volume 2: Managerial Accounting by Mitchell Franklin, Patty Graybeal, and Dixon Cooper (CC-BY-NC-SA).

This OpenSTAX resource is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. Due to the comprehensive nature of the material, we are offering the book in two volumes. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today’s college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the “why” as well as the “how” aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Principles of Financial Accounting by Christine Jonick (CC BY-SA).

A textbook on financial accounting.

Principles of Managerial Accounting by Christine Jonick (CC BY-SA).

A textbook on managerial accounting.

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