1st Edition
Introductory Accounting A Measurement Approach for Managers
Introductory Accounting adopts a measurement approach to teaching graduate students the basics of accounting. Integrating both financial and managerial principles from the U.S. and around the globe, it links accounting to other areas of business (such as finance, operations, and management).
Providing students with the context to understand how and why accounting is a valuable part of business, readers will gain an understanding of accounting’s role in financial analysis and managerial decision-making. Tinkelman discusses accounting as an imperfect measurement system, offering guidance on how quantitative data can benefit analysts and managers when used with an understanding of its limitations. The book is strongly grounded in research, and also draws on plenty of examples and cases to bring these issues to life.
The conversational style of Introductory Accounting will appeal to MBA students, while key terms and illustrative problems make assignments easy for instructors. Additional materials for students and instructors are available on the book’s companion website.
Part I: Introduction
1. Introduction to accounting as a measurement system
Part II: Measurement under ideal conditions
2. Classifying and measuring activities
3. Reporting measurements
4. Using financial accounting measurements
5. Using managerial accounting measurements
Part III: Complications and limitations
6. Strategic reaction to measurement
7. Valuation choices
8. Uncertainty
9. Allocations in financial reporting
10. Cost allocations in managerial accounting (with appendix on the theory of constraints and throughput accounting)
11. Controlling measurement and reporting to minimize errors
Part IV: Introduction to a Case Study
12. Rebeli Press, Inc.—The First Year
Appendices
A. Record-keeping systems
B. Present value concepts
Biography
Daniel P. Tinkelman is Associate Professor and Marshall G. Kaplan Chair of Accounting at Brooklyn College, USA.
Introductory Accounting is a breath of fresh air in the accounting library. It dares to depart from the well-trodden path of introductory accounting texts by presenting accounting as a solution to a societal problem, beyond a set of rules. Tinkelman’s problem-solving approach to accounting measurement, carefully embedded in research, will appeal to instructors and students, alike.—Shyam Sunder, Yale School of Management, USA
In this innovative accounting text, Tinkelman combines financial accounting with managerial, introduces relevant research, and organizes topics better than other books. Introductory Accounting should be seriously considered for adoption by any accounting instructor.—Baruch Lev, Leonard N. Stern School of Business, New York University, USA
Tinkelman’s Introductory Accounting is thoughtful and lucidly written, an admirable synthesis of the accounting profession’s longstanding concerns with accounting measurement and modern social science. It provides an intellectually broadminded yet practical foundation in financial and managerial accounting for managers.—Stephen G. Ryan, Leonard N. Stern School of Business, New York University, USA
