Management Accounting

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9780324206760: Management Accounting

Accounting is about decision making using financial information. The text focuses on developing a student's the ability to critically analyze accounting information and make informed business decisions. Students are exposed to a lot of real-world examples where they can see the effect that accounting information has on the decisions made by real companies. Also chapters are split into basic and expanded material so that the professor can easily cover the basics of a topic or, if he or she prefers, delve deeper into a selected topic. Finally, analysis is incorporated throughout the text so that students can learn to use accounting information as they learn how that information is prepared.

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Dr. Swain received his Ph.D. in managerial accounting and information systems from Michigan State University. His dissertation, which examined the impact of information load on capital budgeting decision processes, was awarded an Institute of Management Accountants Dissertation Grant. At BYU, Dr. Swain has received the Teaching Excellence Award for Management Skills in 1994, 1995, and 1997, the Marriott School of Management Outstanding Teacher in 1999, and was selected as the Deloitte & Touche Research Fellow in 2001. His research area includes the development and use of computer programs that capture and analyze the interaction of human decision processes and computerized information systems. Additionally, he uses the events-driven business solutions to study the incorporation of activity-based costing, the Balanced Scorecard, and the Theory of Constraints in management information systems. He has published numerous papers in leading academic and practitioner journals, sits on the editorial board for two academic journals, and is a coauthor on a management accounting textbook. Dr. Swain has spent significant time working with or researching organizations such as IBM, Clorox, Deere and Company, the Church of Jesus Christ of Latter-Day Saints, and Habitat for Humanity. He is a Certified Public Accountant and a Certified Management Accountant. Dr. Swain took an academic leave from BYU from July 1999 to July 2000 to serve as the Chief Financial Officer for Authorize.Net (payment-processing service for e-commerce), a wholly owned subsidiary of InfoSpace, Inc. He currently serves as the Associate Director of the School of Accountancy and Information Systems where he is the Deloitte & Touche Professor of Accounting. He and his wife, Shannon, have seven children.

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Monte R. Swain, W. Steve Albrecht, James D. Stice, Earl K. Stice
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