Managerial Accounting

ISBN: 0073379611

Education is light! Isn’t? Everyone should accept this sentence. I want to share my review regarding an amazing book which took me to a great extend in my academic interest. Well! The book is Managerial Accounting. If you are a student specialized in Account management side, this book will allow you to build a strong foundation and better understanding in a covered frame. Accounting field is a challenging one and definitely need some skills and logic. I would recommend this accounting book to anyone who is studying or working in the field of accounting.
You know, the text wordings are very easy to understand and illustrations are enormous. This book is acting as a bridge between the day to day real life applications and the theory part. This Managerial Accounting text book by Ray H. Garrison, Eric W. Noreen, and Peter C. Brewer is the representative of the new method of managing accounts text that spot to place the brief introduction to the topic of the business environment and the managerial accounting. The first chapter has a basic introduction followed by the additional information of Managerial Accounting and Cost Concepts. You know, the cost concepts are very complicated and difficult to understand. But the way of explanation by the authors with some illustrations is really awesome. Apart from the accounting specialist, everyone can understand the concepts of cost which written in simple manner.
This book is really dominant in our accounting field because of the system design topic. You know, everyone in our field knows that system design is how important to us. The explanation about the process costing, job-order costing and the cost behavior in the chapter 3, 4 and 5 make sense with great examples and illustrations. Great Index and Summaries are available on this Accounting book which well handled throughout the syllabus. These particular topics serve as a constant working reference guide for all even though it’s a complicated topic. A very broad details and explanation set is addressed throughout the chapter 6 and 7. Cost-Volume-Profit Relationships and management tool are covered in depth.
By going through the deep concepts and examples of the chapters so far, you will be in a position to understand clearly with the managing accounts subject. Each and every concept is explained flawlessly so you will be very happy that you have the privilege of using this accounting book for the class. You know, Profit Planning, Flexible Budgets and Performance Analysis topics in chapter 8, 9, 10 addresses the exact plan for the budgets, cost-volume-profit, financial statement analysis, decentralization topics which are straight forward and helpful for the students in account management.
I would say, these 896 pages of this is Managerial Accounting textbook is a holy bible for the MBA and other accounts related students. If you are a beginner, don’t hesitate to buy this book. Well we are in end of the review. I can say, this is a well –written book by the three authors. They have prepared with excellent flexibility and serving us to get several study layers in account management.

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