Management and Cost Accounting Review

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Management and Cost Accounting ReviewThis is the best book that money can buy. I am a Chartered Management Accountant (CIMA) student. I bought number of books of this subject and they didn't help me in any way. Finally after much thoughts I bought this book and I am glad that I did. I was able to clear my professional exams without any tutor support and above all I was placed in the 70%+ category. All thanks are due to the author who wrote such a book that takes care to explain every bit of management accounting. This book is best for the following chapters:
1. Process Costing - Can be tricky during first read, however the best read!!!
2. Income effects of alternative cost accumulation systems
3. CVP Analysis - Simple and Effective, the problems are great!!!
4. Measuring Relevant Costs
5. ABC
6. Pricing Decision - The final problems are really advanced
7. Decision making under uncertainity - Doesn't cover much material though
8. Capital Decision 1 and 2
9. Standard Costing 1 and 2 - This is my favorite chapter and the author does a great job here.
10. Inventory accounting
11. Linear Programming - The problems are challenging to anyone who didn't take a course in LP.
Overall a great book for those who are really interested in learing this subject.Management and Cost Accounting Overview

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