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I used this for a managerial course this past summer. First of all, this book is overpriced. Secondly, it is very dry, uninteresting, and a pain to read. The 13th edition covers the same material but the sneaky publishers changed up the numbers in the HW so you can't exactly use the 13th edition if the professor is assigning HW from the 14th. I think this is unethical and I think charging what they do for books like this should be a crime. Other than the HW, both editions cover the same material.
According to my professor and TA, this is an excellent book for managerial accounting. As a student, I am telling you that this book will frustrate you and make you angry because it is needlessly complicated. This is also compounded if you have poor instructors (like I had).
This is not a book you can use to teach yourself. You must go to class if you are using this book. After the first two chapters, the rest of the book will seem like a foreign language to you because it is all formula-based. Some people think that accounting is just adding and subtracting numbers; this book will dispel that myth by chapter three. The only way you are going to pass a class with this book is if you have talented professors or if you get yourself some tutoring. For example, in practice, the concept of ABC costing makes sense and I could probably explain it to you using some real world examples like manufacturing an iPhone or a similar popular product. This book takes ABC costing and it just makes it hard because it doesn't use real world examples and it does not take the extra step of simplifying the steps for you or giving you the bigger picture.
Each homework problem takes almost a half hour to complete and some of them are pretty hard.Read more ›
I had to purchase this book to take my managerial accounting class. It is most likely one of the worst text books I have had in my college career. The authors over-complicate topics that should be simple, and they over-simplify topics that are actually really complicated. You cannot simply learn from reading the book, you have to go to class to understand anything. The practice problems in the back of the book are usually nothing like the problem done in the body of the chapter. Trying to read this book is more frustrating than anything else.
If you really need a managerial accounting book, I recommend Managerial Accounting by Ramji Balakrishnan, Konduru Sivaramakrishnan and Geoff Sprinkle.
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The book itself is fine. My issue is with the publisher's device limit policy. Apparently if you buy it on Kindle, you can only read it on two devices at a time. Meaning I am unable to read this device on my tablet, my home PC and my work PC. For obvious reasons this is RIDICULOUSLY INCONVENIENT. I can't use my tablet at work, even in my unassigned time. So Kindle for PC is the only way to read my e-textbook. But since I've already used Kindle for PC on my home computer, and I use the Kindle app on my tablet, I cannot read this book on my PC at work. A two device limit is absurd, especially given how common it is for today's consumer to own and use multiple devices. Thanks to the publisher for making the pursuit of higher education just a little harder for a nontraditional student. You guys are real educational heroes.
That said, this book went a long way toward explaining things in a way that makes them clearer instead of more confusing. The flow of the book isn't entirely logical to me, but the material in the individual chapters works well and I learned a lot of working the problems at the end of each chapter. I also recommend that you purchase the study guide that goes with this book and work through that as well.
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