OverviewFundamental Managerial Accounting Concepts 8e by Edmonds/Tsay/Olds focuses on concepts that are isolated and introduced in a logical sequence. The authors intentionally limit the scope of the material to help students build a solid foundation of the most important concepts in managerial accounting. Fundamental Managerial Accounting Concepts 8e is organized in a distinctive way particularly in the first six chapters. The objective is to establish a coherent integrative framework that enables students to build knowledge in stepwise fashion. The authors' goal is for students to understand the underlying principles of accounting not just memorise content.