This is excellent book in the past, and if I considered it's usefulness today, it is still a very good book. You will be amazed it is still very relevant. What is missing are activity based costing, target costing and just-in-time accounting, with the last only explained in brief. It does not cover concepts of balanced scorecard or the like which is performance management and is only popular after this book is published. It is good supplement to any cost management or accounting textbooks because this provide the solutions to the questions, whereas textbooks don't. It helps those studying for financial accounting as well with the journal entry examples.
A Great Help
Published by Thriftbooks.com User , 16 years ago
If you're an accounting major and having trouble with those other textbooks on Cost Accounting, this book is a great addition to your library. It explains the theories and works the problems in simple text. I had no problem adding this to help me with my cost accounting course.
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