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Activity-Based Costing : Making It Work for Small and Mid-Sized Companies

Activity-Based Costing : Making It Work for Small and Mid-Sized Companies

List Price: $58.00
Your Price: $53.79
Product Info Reviews

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Rating: 5 stars
Summary: It really makes it work
Review: Activity-Based Costing: Making it Work for Small and Mid-Sized Companies, is a very well written and usefull handbook to design and implementation of Activity-Based Costing. It provides: a general description of key concepts of ABC, a practical guide to design of ABC system in the company, as well as description of any potential problems concerning implementation of ABC. I am working as a financial consultant (in Warsaw), and this book has helped me to help many companies that were loosing their cost-effectiveness. I think, that the author should have added some 100 pages to the book, and defined - described some aspects of Activity-Based Management - although that could have been too technical for most of the readers. Overall, I think that the book contains most of the knowledge needed for successful design & implementation of ABC. It really worked for me...

Rating: 4 stars
Summary: Very detailed
Review: Hicks has a lot to offer in this book on activity-based costing, however it is not an easy to read. It very quickly dives into the weeds of detail. I think this is a very good second book to read on Activity Based Costing, because it goes into the details of how to actually implement a system. I would recommend that you first read Kaplan's "Cost and Effect," to get a good grounding in the fundamentals before reading this book.

Rating: 4 stars
Summary: Very detailed
Review: Hicks has a lot to offer in this book on activity-based costing, however it is not an easy to read. It very quickly dives into the weeds of detail. I think this is a very good second book to read on Activity Based Costing, because it goes into the details of how to actually implement a system. I would recommend that you first read Kaplan's "Cost and Effect," to get a good grounding in the fundamentals before reading this book.

Rating: 5 stars
Summary: Literally breaks ground!
Review: I can not quite imagine a single decision made in any company that does not concern cost. And, when it is about accurate costing, I can not imagine another book on business that can better assist than this one.

First, the author defines the concept, states the reasons why Activity Based Costing should be implemented in every company, and then thoroughly shows you how to do it. Since the main step-by-step example in the book concentrates on a small manufacturing organization, those who are applying the concept to service organizations may have a harder time making the translation to their specific situations. Still, I don't think that will be much of an issue. The book is very well-written and must be digested by every professional with a passion for improving their company and seize a competitive advantage.

Rating: 5 stars
Summary: Insightful reference guide for both consultants and managers
Review: This book is an insightful reference that represents the most practical tool in my library for implementing activity based costing. A must have for both consultants and managers implementing activity based costing.

Rating: 5 stars
Summary: An excellent approach for small companies
Review: This has been the book that I have used to implement ABC systems for small companies in Venezuela. I found it thorough, easy to read and apply. If you plan to use ABC systems in your own small business, this is the book to buy.

Rating: 5 stars
Summary: An excellent approach for small companies
Review: This has been the book that I have used to implement ABC systems for small companies in Venezuela. I found it thorough, easy to read and apply. If you plan to use ABC systems in your own small business, this is the book to buy.

Rating: 5 stars
Summary: Must Buy for ABC
Review: This is a fantastic book on the subject of ABC. The costing model constructed in the book goes into just enough detail to give you a practical foundation for actual implementation, without getting lost in minutiae. At just the right times, the author also reminds you about the big picture and doesn't let you go away thinking correct decisions can all be boiled down to exercises in number-crunching. This is a must-buy, if you're serious about implementing ABC in your organization.

Rating: 5 stars
Summary: Must Buy for ABC
Review: This is a fantastic book on the subject of ABC. The costing model constructed in the book goes into just enough detail to give you a practical foundation for actual implementation, without getting lost in minutiae. At just the right times, the author also reminds you about the big picture and doesn't let you go away thinking correct decisions can all be boiled down to exercises in number-crunching. This is a must-buy, if you're serious about implementing ABC in your organization.

Rating: 5 stars
Summary: Doug Hicks - ABC Guru
Review: This is a model of clear and effective writing and teaching. Certainly one of the best accounting books I've ever read, it gives you the tools to start ABC analysis at once and never strays into jargon. The many examples of different company types and the simple to use and understand spreadsheet analysis keeps you focused on the theory of ABC rather than minute details of allocations. A book to keep on your desk.


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