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Managerial Accounting
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Book Preface
Feature Summary
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About the Author
iPod Content
MH Homework Manager™
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Student Edition
Instructor Edition
Managerial Accounting: Creating Value in a Dynamic Business Environment, 7/e

Ronald W. Hilton, Cornell University--Ithaca

ISBN: 0073022853
Copyright year: 2008

Feature Summary



Focus Companies.
Focus Companies provide a powerful strategy for fostering learning, and Hilton’s integration of focus companies throughout the text is unmatched by any other managerial accounting book. Each chapter introduces important managerial accounting topics within the context of a realistic company. Students see the immediate impact of managerial accounting decisions on companies and gain exposure to different types of organizations.

Balanced.
Hilton’s Managerial Accounting offers the most balanced coverage of manufacturing and service companies. He recognizes that students will be working in a great variety of business environments and will benefit from exposure to diverse types of companies. Hilton uses a wide variety of examples from retail, service, manufacturing, and nonprofit organizations.

Contemporary.
Hilton continues to be the leader in presenting the most contemporary coverage of managerial accounting topics. The traditional tools of managerial accounting such as product costing and budgeting have been updated with current approaches. New topics such as environmental cost management and The Sarbanes-Oxley Act have been added.

Flexible.
Managerial Accounting is written in a modular format allowing topics to be covered in the order you want. For example, Chapter 17 covers absorption, variable and throughput costing. Many instructors like to cover this topic early in the course. So, Chapter 17 is written so that it can be assigned right after Chapter 3. A table showing the text's flexibility is in the Instructor's Resource Manual.

Real-World Focus

  • Real-World Examples: The Hilton text provides a variety of thought-provoking, real-world examples to focus students on managerial accounting as an essential part of the management process. Featured organizations include FedEx, Ford, Bank of America, Amazon.com, the Gap, and many others. These companies are highlighted in blue in the text.
  • In Their Own Words: Quotes from both practicing managers and managerial accountants are included in the margins throughout the text. These actual quotes show how the field of management accounting is changing, emphasize how the concepts are actually used, and demonstrate that management accountants are key players in most companies’ management teams.
  • Management Accounting Practice: The managerial accounting practices of wellknown, real-world organizations are highlighted in these boxes. They stimulate student interest and provide a springboard for classroom discussion.
  • Focus on Ethics: This feature is included in most chapters. Focus on Ethics poses an ethical dilemma, then asks tough questions that underscore the importance of ethical management. Some of these are based on real-world incidents while others are fictional but based on well-established anecdotal evidence.

A Focus on Exceptional End-of-Chapter Material

  • Review Problems present both a problem and a complete solution allowing students to review the entire problem-solving process.
  • Key Terms are bolded in the text and repeated at the end of the chapter with page references. The book also includes a complete Glossary of Key Terms. Key Terms are also available as online flash cards at the book's Web site.
  • Review Questions, Exercises, Problems, and Cases are comprehensive in covering the points in the chapter. They exhibit a wide range of difficulty and the Instructor's Manual provides guidance for the instructor on the difficulty level and time required for each problem. Numerous adapted CMA and CPA problems are included.
  • EXCEL: Spreadsheet applications are essential to contemporary accounting practice. Students must recognize the power of spreadsheets and know how accounting data are presented in them. We discuss Excel applications where appropriate in the text.

MCGRAW-HILL’S HOMEWORK MANAGER™: McGraw-Hill's Homework Manager is a Web-based homework management system that gives you unparalleled power and flexibility in creating homework assignments, tests, and quizzes. Homework Manager duplicates problem structures directly from the end-of-chapter material in your McGraw-Hill textbook, using algorithms to provide limitless variations of textbook problems. Use Homework Manager to supply online self-graded practice tests for students, or create assignments and tests with unique versions of every problem: Homework Manager can grade assignments automatically, provide instant feedback to students, and store all results in your private gradebook. Detailed results let you see at a glance how each student does and easily track the progress of every student in your course.

MCGRAW-HILL’S HOMEWORK MANAGER PLUS™: McGraw-Hill's Homework Manager Plus combines the power of Homework Manager with the latest interactive learning Technology to create a comprehensive, fully integrated online study package. Students using Homework Manager Plus can access not only Homework Manager itself, but the Interactive Online Textbook as well. Far more than a textbook on a screen, this resource is completely integrated into Homework Manager, allowing students working on assignments to click a hot-link and instantly review the appropriate material in the textbook. By including Homework Manager Plus with your textbook adoption, you're giving your students a vital edge as they progress through the course and ensuring that the help they need is never more than a mouse click away.

INTERACTIVE ONLINE VERSION OF THE TEXTBOOK: In addition to the textbook, students can rely on this online version of the text for a convenient way to study. While other publishers offer a simple PDF, this interactive Web-based textbook contains hotlinks to key definitions and is integrated with Homework Manager to give students quick access to relevant content as they work through problems, exercises, and practice quizzes.

TOPIC TACKLER: This software is a complete tutorial focusing on areas in the course that give students the most trouble. It provides help on two key topics for each chapter by use of

    • Video Clips
    • PowerPoint Slide Shows
    • Interactive Exercises
    • Self-Grading Quizzes

A logo in the text marks the topic covered in Topic Tackler.

ZINIO DIGITAL EDITION: A leader in digital media, Zinio offers students using Managerial Accounting 7/e the full benefit of its powerful, flexible digital reading system. Using the Zinio reader, you can search your digital textbook, highlight important passages, or jot down electronic notes. Navigating a textbook has never been easier. You can even print pages to study from off line. To order your Zinio Digital Edition of Managerial Accounting 7/e visit www.textbooks.zinio.com.

iPOD CONTENT: Harness the power of one of the most popular technology tools students use today–the Apple iPod. Our innovative approach allows students to download audio and video presentations as well as quizzes for each chapter in the text, right into their iPod and take learning materials with them wherever they go. It makes review and study time as easy as putting on headphones. Visit the Managerial Accounting Online Learning Center (www.mhhe.com/hilton7e) to learn more details on available iPod content–and enhance your learning experience today.

ONLINE COURSE MANAGEMENT: (WebCT, eCollege, and TopClass) We offer Managerial Accounting content for complete online courses. You can customize the Online Learning Center content and author your own course materials. No matter which online course solution you choose, you can count on the highest level of support. Our specialists offer free training and answer any question you have through the life of your adoption.

PAGEOUT: McGraw-Hill’s Course Management System, PageOut, is the easiest way to create a Web site for your accounting course. There’s no need for HTML coding, graphic design, or a thick how-to book. Just fill in a series of boxes and click on one of our professional designs. In no time your course is online with a Web site that contains your syllabus. If you need help, our team of product specialists is ready to take your course materials and build a custom Web site to your specifications.

CPS CLASSROOM PERFORMANCE SYSTEM: This is a revolutionary system that brings ultimate interactivity to the classroom. CPS is a wireless response system that gives you immediate feedback from every student in the class. CPS units include easy-to-use software for creating and delivering questions and assessments to your class. With CPS you can ask subjective and objective questions. Then every student simply responds with their individual, wireless response pad, providing instant results. CPS is the perfect tool for engaging students while gathering important assessment data. In response to user feedback from instructors and students, software features have been added. These features include a PowerPoint plug-in, an improved datasorting capability, a comprehensive grade book complement, web-based access to all McGraw-Hill CPS content, and other powerful classroom learning functions.

ONLINE LEARNING CENTER (OLC)
www.mhhe.com/hilton7e

FOR STUDENTS: More and more students are studying online. That's why we offer an Online Learning Center (OLC) that follows Managerial Accounting chapter by chapter. It doesn't require any building or maintenance and is ready to go the moment you type in the URL. The OLC includes:

  • Chapter Objectives
  • Glossary
  • Topic Tackler Tutorial
  • PowerPoint Slides
  • Narrated Slides
  • Check Figures
  • Excel Spreadsheets
  • Spreadsheet Guide and Tips
  • Company Web Sites
  • Accounting Information
  • Supplementary Chapters
  • Sample Study Guide Chapter
  • Text Updates
  • Videos

FOR INSTRUCTORS: The book's password-protected Instructor's site OLC contains essential course materials. You can pull all of this material into your PageOut course syllabus or use it as part of another online course management system such as Blackboard, WebCT or eCollege. You get all the resources available to students, plus...

  • Instructor’s Solutions Manual
  • Instructor’s Resource Manual
  • Text Exhibits
  • Text Updates
  • Video Guide and Exercises
  • Excel Solutions
  • Supplementary Chapter Solutions
  • PowerPoint Slides

To obtain an instructor login for this Online Learning Center, ask your local sales representative. If you're an instructor thinking about adopting this textbook, request a free copy for review.