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What text or resources will be good to use for MBA 560 Financial and Managerial Accounting?...

What text or resources will be good to use for MBA 560 Financial and Managerial Accounting? I am looking for resources that will help me with the mathematical portion for my upcoming class.

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Expert Solution

Let's understand the focus area of the course MBA 560 Financial & Managerial Accounting:

  • Accounting concepts and standards applicable to: presentation of financial information to interested users,
  • Structure, uses and limitations of financial statements,
  • Measurement systems related to income determination and asset valuation.
  • Internal and external influences on accounting decisions.

The course begins with concepts and discussions and soon take the shape of basic mathematics. Even though it takes help of mathematics, the level of mathematics is limited to high school - you will be able to sail through by using addition, subtraction, multiplication and division. Remember, it's a course in fiance and accounting and not in mathematics. You really don't need any more mathematics than this to get through this course.

However, you can look into the following resources to help you out:

  1. Textbook - Edmonds, T. P., Olds, P. R., McNair, F. M., & Tsay, B. (2012). Survey of accounting(3rd ed.). New York, NY: McGraw-Hill. ISBN-10: 0078110858, ISBN-13: 9780078110856
  2. Financial & Managerial Accounting Hardcover – by Carl Warren (Author), Jonathan Duchac (Author), James Reeve (Author)
  3. Principles of Accounting: Author(s): Mitchell Franklin, Patty Graybeal And Dixon Cooper

If you have these three text books and do some study and practice their end of the chapter questions, it will be easy for you to master the concepts and the mathematics. These text books along with the course materials, discussion materials and classroom sessions should be good enough for you to climb the ladder.

jeff jeffy answered 6 months ago
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