Be very careful with the information in this book
The information contained in this book is very complicated, and will lead you to faulty analysis and the wrong conclusions if not done incredibly carefully and slowly. These are not the methods that I use in my job as a professional finance manager; to apply many of these methods would not be cost effective due to the complexity. Be very careful with this information; this is written by teachers, not practitioners. I DO NOT recommend this for teachers or students. There are many other management accounting texts out there, and several of them are MUCH better for learning the methods actually applied in day to day business operations.
Accounting Text and cases
This is a great intro to accounting book
I am not a math inclided person but this book has been great for me to learn the concepts of basic accounting
Terrible terrible terrible!
This book is terrible! This is not a good review for anybody who hasn't had any previous accounting experience. The text is not written in user-friendly wording. I had somebody who is an accountant look at this book and although they understood it, they said it wasn't written very well at all! I had to buy this for an Masters level "Introduction" to financial and managerial accounting class and I know that a lot of people in the class dropped the class because they were having such a hard time with the text. If you have accounting experience, you will probably not think this book is bad, but if you're like me and haven't, then you'll be in trouble. As a degreed engineer, I've had my fair share of experience reading non-friendly texts. This one is definitely up there as far as the "BOOK FROM HELL" category.
Not difficult but detailed.
This is a very advanced begining accounting text used by Harvard University in its accounting courses. It combines both Financial and Management Accounting and it is extremely detailed. Their are no solutions in the tests for their very difficult problems and I have not found a study guide to accompany it thus far. Do not buy it if you are not familiar with accounting. This is a textbook.
Good High Level Overview
I would recommend this text for higher level accounting/financial analysis courses. There are many other books out there to dive into the exact nature of making journal entries etc. so don't think of this as an excellent beginner to intermediate stlye text.
The cases are excellent for those who will be making upper level decisions not the actual day to day transactions.
(5 reviews)
