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Friday, July 11, 2008

Cost Accounting: A Managerial Emphasis

Horngren’s Cost Accounting defined the cost accounting market and continues to innovate today by consistently integrating the most current practice and theory. This acclaimed, number one market-leading book embraces the basic theme of “different costs for different purposes.” It reaches beyond cost accounting procedures to consider concepts, analyses, and management. This latest edition of Cost Accounting incorporates the latest research and most up-to-date thinking into all relevant chapters. Professional issues related to Management Accounting and Management Accountants are emphasized. Chapter topics cover the accountant's role in the organization to performance measurement, compensation, and multinational considerations. For future accountants who want to enhance their understanding of–and ability to–solve cost accounting problems.


Customer Review: Poor Learing Tool
I took this course on line and this is not the textbook to use. A few of the chapters were very poorly written and the subject matter hard to follow. Some of the problems were so mixed up and time consuming to solve, that the time I spent digging out the pertinent information needed to solve the problem, could have been used to learn the material and acquire a better understanding of it as well. Also the 11th Edition and the 12th edition is the same book, and thus many of the problems were the same except for the dates used. It is really a shame that colleges do not do their homework and give the student a break financially ($ 100.00 dollar difference or more.) There is no reason for them to demand the students to purchase a newer version when the older version would have sufficed. With the 12th version I would strongly recommend to purchase the accompanying Student Guide. This was well worth the money. (I am sure it could be used for either version.)
Customer Review: Didn't enjoy this book
I normally don't post reviews but I just finished up using this book for a class and highly dislike it. I think the reasoning with how they illustrate problems is confusing and terms are mixed up with bold or plain print. My professor even said he did not like this textbook and wished there was a better choice out there. I thought the homework was good but there were some points that it didn't make sense at all. My biggest pet peave had to deal with the Economic Ordering Quantity stuff in chapter 20. I read the chapter twice and still didn't understand the function of EOQ. I eventually found a powerpoint online which explained it. I think this book has potential and obviously the amount of time invested with the supplementary material is amazing. Regardless, I think there still needs to be more work done on this book. Good luck using this book in your class wherever you're forced to use it.


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