This textbook provide students and readers with an understanding of concepts that are fundamental to the use of managerial accounting using an active learning approach by creating an environment where readers can be actively engaged, a process which has been proven to be one of the most effective in learning. It uses financial information and accounting practices of real high-profile companies. Management Accounting focuses attention on decision making through incremental analysis and performance measurement. Students are motivated to learn managerial accounting by connecting concepts and techniques to the real world; using real cases and real manager's comments on real company issues. Students and instructors alike have praised this text's clear and concise writing style, to-the-point discussions, illustrated ideas, and examples that are presented to make ideas concrete.