Oct 29
Product Description
If you want top grades and thorough understanding of managerial accounting, this powerful study tool is the best tutor you can have! It takes you step-by-step through the subject and gives you accompanying related problems with fully worked solutions, including sample problems from the cost/managerial portion of the CPA, CMA, SMA, and CGA exams. You also get additional practice problems to solve on your own, working at your own speed. In addition, this superb, just-… More >>
This book is what got me through managerial accounting in my MBA program. As a dyslexic mathphobe I was very nervous about taking an accounting class and I was not comforted at all by a professor who only seemed to speak in numbers and a textbook that confused even my friend – the CPA.
This book is clear, concise, and to the point and has tons of exercises/problems with a the answers fully worked out and explained. This book helped me get an A in my class – I highly recommend this book to everyone who needs help in managerial accounting.
Rating: 5 / 5
This book is great! It gives you really good examples of cost accounting problems. It includes easy to understand solutions in every chapter. I’m a current CMA candidate and this book helped understand many of costing procedures that I had difficulty grasping in college. Excellent review material!
Rating: 5 / 5
Inside managerial accounting are bases for cost accounting, too. Most Cost Accounting textbooks are at a managerial emphasis, so this book helps with both managerial and cost accounting subjects.
Rating: 4 / 5
This book has been very helpful to me and it’s still my first week in this class. I was really hesitant on buying this but I can already tell it’s going to help me tremendously to get a good grade in Managerial Accounting. I would recommend this to anyone who will be taking this class in the future because it’s very helpful and easy to follow.
Rating: 4 / 5
This is an extremely well thought-out and crafted book designed to maximize the learning of Managerial Accounting.
Every example and question seems to have been carefully designed with the defined objective of teaching Managerial Accounting as efficiently and intelligently as possible. You will find most Managerial Accounting concepts covered and perhaps explained better than your Managerial Accounting textbook.
I also have a 800 page Managerial Accounting textbook and I think I learned more relevant ideas on Managerial Accounting from this 350 page book.
Just like all Schaum’s outlines, this book has mutiple problems and solutions at the end of each chapter. Additionally, there are “examinations” after end of each few chapters.
This book covers the following:
1)Cost classificiations
2)CVP and Break Even Analysis.
3)Budgeting
4)Standard Costs, Responsibility Accounting, and Cost Allocation
5)Performance Evaluation, Transfer Pricing, and Decentralization
6)Capital Budgeting
7)Quantitiave appraoches (weak)
8)Financial Statement Analysis
9)Product costing methods
10)ABC, JIT, TQM
The main weakness of this book is that it does not cover using MS Excel for Managerial Accounting. MS Excel is used quite extensively by cost accountants and Financial Analysts, especially for Capital Budgeting.
Rating: 5 / 5