Good overview of the cost accounting flow
5/9/2007
It's a good book, however, I was expecting to see the accouting flow just how I have saw it during my cost accounting experience. Credits to salary wages instead of a labor absortion account just like it workd in reality looks pretty far from reality.
Enlightening Book
10/31/2007
This is a well written book that provides comprehensive coverage of various aspects of managerial accounting. The author clearly and methodically covers the various topics pertaining to managerial accounting relevant to modern organizations.
The material in the book is well presented and the author gives several useful and helpful examples that reinforce the concepts and ideas presented in the book. I found the book to be very practical and easy to read and understand. The book is a useful and handy reference for managers working in various firms including service, retail, manufacturing and non-profit organisations. Among the subjects covered include activity-based costing, target costing, the value chain, customer profitability analysis, job-order costing, budgeting and performance evaluation.
The book is a valuable resource and guide for managers in various organizations and students doing an MBA, studying accounting or business studies at undergraduate or postgraduate level.