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Management Accounting, Fourth Edition

Management Accounting, Fourth Edition

List Price: $133.00
Your Price: $126.35
Product Info Reviews

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Rating: 5 stars
Summary: Need a textbook for Management Accounting? Here is one!!!!!
Review: A very nice and neat accounting textbook! This book explains basic accounting concepts clearly, which helps me to master basic concepts of accounting with ease and simplicity. I had a great time to read this book, and it makes learning accounting as interesting as it can be. The introduction and summary of each chapter also help me to understand a big picture of management accounting as well as small details. The treatment of management accounting is thorough and highly advanced with many detailed examples in reality.
The reason that I recommend this book is extending basic concepts with real-world examples which apples underlying concepts of management accounting. This book shows how accounting is used and analyzed in actual case situations. Especially I noticed that the authors are experts at the Balanced Scorecard. The Balanced Scorecard chapter presents the most important concept and examples in a very organized manner. This book also encompasses important new topics in management accounting such as activity-based cost systems, JIT, target costing, pricing and product planning, performance measurement systems, and budgets.
I heard some textbooks too much focus on questions of calculating cost and deriving quantitative solutions. Unlike those textbooks which only teach mechanical procedures without understanding underlying factors, this textbook provides insightful knowledge about how management accounting information facilitates decision- making through various analysis tools.

Rating: 1 stars
Summary: Too expensive, Junk and waste of Money
Review: I cant believe Professionals cant explain topics in a easy words. Trying to use grandma stories and without explaining where numbers come its impossible to understand.

1) explanations are not good at all very confusing if you are a beginner.
2) Examples are like grandma tale and will make you sleepy.
3) dull and boring.
4) the authors need to put them self in the students shoes rather than assuming they are teaching a CPA.
I would recommend Schaums Series or barrons series for learning, Its easy and also easy on your wallet...compared to this...

Rating: 4 stars
Summary: I WANT ANSWER-BOOK.
Review: I WANT TO GET THE ANSWER-BOOK. FRANKLY SPEAKING, AMONG THE QUESTIONS OF THE BOOK, THERE ARE SOME DIFFICULT ONE. BUT I CAN NOT KNOW THE EXACT ANSWER. SO, IN MY OPINION, PLEASE PUBLISH THE ANSWER-BOOK. AND, IF IT IS EXIST ARLEADY, PLEASE LET ME KNOW HOW TO GET IT. I WILL WAIT YOUR RAPID ANSWER.

Rating: 2 stars
Summary: Not for beginners.
Review: I would not recommend this book to anyone who has not have any prior Managerial Accounting classes or sufficient work experience in this area. The way the topics are presented in the book requires familiarity with a number of related concepts in order to gain full understanding. Additionally, there is a number of instances in which concepts are introduced in a given chapter, but not explained until a later one, which makes it really confusing for those exposed to Managerial Accounting for the first time.

Rating: 2 stars
Summary: I'm afraid this text just doesn't cut it!!
Review: I've just completed my managerial accounting course with an "A" grade DESPITE having been assigned this text. These authors, like many accounting authors, don't know how to use language to convey the concepts they're attempting to get across. (Does that mean they're "numbers people" who can't use language correctly to develop ideas?? Perhaps!!!) Even more so, the way they choose to conceptually develop managerial accounting theory is somewhat farcical. If you've been assigned this text from your instructor, RUN OUT NOW AND INVESTIGATE OTHER MANAGERIAL ACCOUNTING TEXTS TO USE IN CONJUCTION WITH IT. (Try "Managerial Accounting" Weygandt, Kieso and Kimmel) The problem with "Management Accounting" is that it has little precision in describing the main issues of managerial accounting and wants to be an Operations Management text or Management text rather than an authentic Managerial Accounting text. As students, let's vote with our wallets and tell these accounting authors to get a 2nd degree in English so that they can actually convey to us the ideas they're attempting to convey!!! Tell your professor he/she needs to wake up and change texts! The book was written for people who really don't want to actually learn Managerial Accounting theory, but want to pretend to have learned it. It can't describe the critical concepts in enough detail for you to get a good grip on the material - and it's conceptual development of the theory is confusing. Switch it!

Rating: 1 stars
Summary: Just awful ! Invest in a good supplemental book/study guide
Review: My gosh, I have never read such a poorly written book! Wasn't there an editor at Prentice Hall to have, at least, reviewed this book prior of it going out to print? The poor grammar usage, the garble & ambiguity of explaing the concepts; it truly lacks direction...where are the solutions to the problem exercises?

I consider myself a strong avid reader, but I have found myself re-reading a page or two before pressing on.

If this is a required textbook for your accounting class, I highly suggest investing in a good supplemental study guide to aid you with this book. Good luck!!

Rating: 5 stars
Summary: A "must have" for your business library
Review: My MBA program used this book. I found the book easy to read and liked its consideration of behavioral issues usually ignored in other books. The book covers new and important topics in management accounting (activity-based costing, balanced scorecard, JIT, target costing, kaizen costing, environmental costing and benchmarking). A companion book (Readings in Management Accounting) has lots of articles describing applications of material presented in the textbook.

Rating: 4 stars
Summary: Very Good Compared to Others
Review: Read this book for one of my MBA courses. Found it a good read. Coming from a Financial Management course I was leery about this course and its textbook, but the text helped me a lot.

Rating: 1 stars
Summary: Only for those who speak Accountanteese
Review: Terrible. That's my take on this book. It has the right format, plenty of nice stories and case studies. But where it really counts -- explaining the nitty gritty so that anyone can understand it -- this book fails miserably. I couldn't follow along with half of the things I read. I read them again and again and still no luck. It might help if they used plain English and re-wrote some of their Where's-my-glossary verbage. And half the time the Exhbits they refer to are on separate pages from the text that explains it. You have to flip and flip and flip. Too often they don't explain crucial steps carefully enough, assuming that the reader can follow along. These guys know what they're talking about, but they've obviously haven't been a student for a very long time. It shows.

Rating: 1 stars
Summary: The worst textbook I've ever had!!!
Review: This book is terrible in addition to being ridiculously expensive ($108 to be exact). I had to buy it for an MBA course in Managerial Accounting and found it to be extremely confusing, without structure and ambiguous. There are numerous errors, omissions, and the examples are not clear at all. It's really too bad such a poor text was chosen because I am certain that others, like myself, have been turned off of management accounting forever. It's too bad because management accounting is such an integral part of business and deserves much better attention, and clarity than this book provides. I can't wait to "try" to sell this one. Definitely not a keeper! If you have to buy this book for your course, I truly empathize with you.


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