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Type of bind: Hardcover
Dewey Decimal Number: 657
EAN num: 9780324639766
ISBN number: 0324639767
Label: South-Western College Pub
Manufacturer: South-Western College Pub
Quantity: 1
Page Count: 624
Printing Date: March 13, 2007
Publishing house: South-Western College Pub
Sale Popularity Level: 94585
Studio: South-Western College Pub
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Product Description:
Now you can focus on the concepts, methods, and uses of managerial accounting that will prepare you to become an effective manager in today's business world. This classic MBA text balances managerial accounting coverage with a strong emphasis on management decision-making. You learn how to truly use the financial information, rather than simply perfect your accounting techniques. Core managerial accounting concepts combine with the latest cutting-edge material that's important to today's managers and decision makers. You'll find an emphasis on international issues within today's globalized business environment, the strategic effects of decisions, a focus on ethics that reflects this area of increasing scrutiny, and emphasis on new management accounting trends. Numerous realistic examples and application problems help emphasize process improvement and the integration of financial reporting issues for management decision-making. You also learn to apply managerial accounting tools to the emerging service sector, government, and nonprofit organizations for ongoing business success.
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Rated by buyers 
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This was a good beginners book, so I have no complaints about the very first few chapters. But as you progress to the second and last third of the book, the exercises become progressively and unfairly difficult, and not because they are meant to challenge us. Instead, they are just poorly written.
Problems in textbooks should illuminate, not obfuscate key topics in the chapter. When a major problem asks you to calculate out a complex situation, there should be more explicit and explanatory examples in the chapter text in order for a good student to go back and teach himself the principles that the authors are trying to test, instead of struggling to figure out what they are asking to begin with. Other managerial accounting books are much better at illuminating even the basic ideas that students like us need to learn, not to mention to complex accounting practices on exams.
Rated by buyers 
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I feel the authors have covered the topic well. As a read, I thought the text was written as good as an accounting can be.
The problem I shared with my classmates is that there was difficulty completing the exercises at the ends of the chapters. We feel maybe two reasons for this: first, the problems often could not be solved without looking forward to the chapters not yet covered; and second, specific details needed to solve problems were either not there or organized in an unfamiliar way. This required asking many questions with the instructor and classmates to try to complete the exercises.
Overall, though, I suppose this is on par with other texts on the topic. The book we liked the best was "Accounting: what the numbers mean" as it was written & organized very well; and the exercises were very effective.
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