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Managerial Accounting: An Introduction to Concepts, Methods, and Uses (Dryden Press Series in Accounting)

by Michael W. Maher, Clyde P. Stickney, Roman L. Weil

ISBN-10: 9780030181931
ISBN-10: 0-03-018193-3
ISBN-13: 9780030181931
ISBN-13: 978-0-03-018193-1
Hardcover
1996-12
Harcourt


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Editorials


Book Description
This classic text for MBA programs offers balanced coverage of concepts, methods, and uses of managerial accounting with an increasingly strong emphasis on strategic management issues. This approach helps to focus on concepts and managerial uses of financial information rather than techniques of cost accounting. The Seventh Edition emphasizes strategic management decisions, increased coverage of process improvement, integration of financial reporting issues for management decision making, and application of managerial accounting tools to emerging areas like e-commerce, service sector, government, and nonprofits in examples and problem material.

Reviews


disappointing, frustrating, poor review of topics
This was a good beginners book, so I have no complaints about the 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.

Not outstanding.
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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