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Rating: Summary: Cost Accounting by Horngren Review: A strength of this book is that there are many color diagrams throughout which illustrate/highlight the material. The treatment of process cost accounting is thorough and highly simplified with many detailed examples to illustrate the computation of equivalent units. In process cost accounting, it is critical to understand the physical flow of costs, as well as, interdepartmental transfers and modified cost assumptions. In addition, there is a thorough treatment of managerial cost accounting in the areas of discounted cash flow, internal rate of return, compounding, depreciation and cash flow, net present value, uncertainty, inflation, capital budgeting, payback and the accounting rate of return. Lastly, there is a good treatment of decentralization and transfer pricing. The book is worth the price of admission. Classic problems from this text have been replicated on some form or another on professional and collegiate standardized tests. This work helps to support what is taught in a collegiate finance course, as well as the cost accounting element.The thrust of a cost accounting course is for the B or better student. There is a fair amount of work in this course. As such, it is geared for accounting, finance or economics majors. Quantitatively oriented students will enjoy the presentation as well as a wide constituency of teachers in academe. Even college administrators would find this text useful for preparing budget schedules and interdepartmental cost analyses. Engineering companies would benefit by having a detailed analyses of process costing and managerial accounting on individual construction jobs.
Rating: Summary: thank you Review: I received the book very quickly and I got it new at a great price. I saved about 50 dollars. Wow!!! I will buy from this seller again if they have what I need.
Rating: Summary: Good Job! Review: I received the book very quickly and I got it new at a great price. I saved about 50 dollars. Wow!!! I will buy from this seller again if they have what I need.
Rating: Summary: i wouldn't recommend it to anyone at all Review: i've never seen such a poor book before. it is poor organized. and i got after 25 days from my order date.
Rating: Summary: A one volume compendium with helpful CD Review: If you are looking for a single volume "bible" on cost accounting, this is likely the best book in print today to fit that bill. It is comprehensive in scope yet has many strengths to ease comprehension and aid readability.
The topics are grouped in six main sections each with several chapters on that topic. Since it is unlikely that you will read this reference / text book left to right as you would a novel this organization helps in finding what you are looking for and focusing on the area(s) of interest.
There are many helpful illustrations and a good use of color as well as chapter summaries and all the exercises you could ever hope for.
A very excellent feature is the use of application problems that take you step-by-step through building an Excel spreadsheet. This is tremendously useful.
The CD comes with PowerPoint presentations, spreadsheet templates for various assignments, excel problems for the student to solve, video clips, and sample student solutions (this is a most helpful feature).
I honestly find this topic very interesting and the 11th edition of this book to be a very valuable resource.
Rating: Summary: thank you Review: the book was in excellent condition. I received it a couple of days after I ordered it. Thank you for saving me money and time!!!
Rating: Summary: Most Prompt Delivery Review: This was the fastest service I have received regarding a textbook. It was worth the effort to get the ISBN number ahead of time from the instuctor's to buy my books and save money. Thank you for the expedited service. I will patron again. I only wish this were a hardcover to withstand the abuse of a backpack.
Rating: Summary: Most Prompt Delivery Review: This was the fastest service I have received regarding a textbook. It was worth the effort to get the ISBN number ahead of time from the instuctor's to buy my books and save money. Thank you for the expedited service. I will patron again. I only wish this were a hardcover to withstand the abuse of a backpack.
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