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Hardcover Accounting for Decision Making and Control Book

ISBN: 0078136725

ISBN13: 9780078136726

Accounting for Decision Making and Control

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Format: Hardcover

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Book Overview

Accounting for Decision Making and Control provides students and managers with an understanding appreciation of the strengths and limitations of an organization's accounting system, thereby allowing... This description may be from another edition of this product.

Customer Reviews

5 ratings

a very solid text on the MA topic.

It is a very solid text on the MA topic. There are exciting ideas in the book,and it's well orgnized

Excellent book

It contains philosophy and present contept to apply to the decision making. Managerial accounting is more than journal entry and computation. It's about decision making and performance evaluation.

Great book!

The great take away from this book is that executives try hard to achieve the optimal solutions for management problems, but that they seldomly succeed. The reason: they underestimate the creativity of their sub-ordinates (and their superiors). For ages students and lecturers thought management accounting was dull. Zimmerman shows how fascinating this subject can be. The decision making parts show how to calculate optimal solutions for management accounting problems, the control parts make your realize how difficult it is to make the optimal solutions come true. The implication: the amount of consulting work to be done is infinite.

Think Management Accounting Rather Than Cost Accounting

Too often management accounting is completely subsumed in cost accounting. Yes, they are part of the same topic, but they have somewhat different emphases. This book covers costs, but it is really more focused on how you allocated decision rights, set measurement criteria, and how you reward people to get the behavior you want. It is also very helpful in clarifying thinking about what could be going wrong if you aren't getting the behavior you wanted out of a given system of measurement and reward.The writing is very good and the organization of the book is sound and helpful. While there are charts and graphs it is not a book full of color and pictures. It is a book with words and ideas that are helpfully supplemented as needed. But the self-study problems and cases are set off from the main text by being on different color pages. This helps in locating what you are after.There is a wealth of thought provoking problems and short cases to help promote discussion and provoke your thinking on the topics discussed in each chapter.Another aspect of the book I really like are the concept questions in each chapter that help you gauge your understanding of what you have just read. The solutions for these are provided in the back of the book so you can know if you are "getting it" or not.This is a fine and very useful text.

a good book

This book is very similar to Managerial Accounting by Morse and Zimmerman. It's a great book. The lay-out is attractive. It's easy to trace something and the examples are really clear. It provides a good framework for evaluating accounting systems and a basis for analysing proposed changes to these systems.
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