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Management Accounting: Information for Decision-Making and Strategy Execution (6th Edition) 6th Edition

3.2 out of 5 stars 19 customer reviews
ISBN-13: 978-0137024971
ISBN-10: 0137024975
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Editorial Reviews

About the Author

Robert Steven Kaplan is Senior Associate Dean and the Martin Marshall Professor of Management Practice in Business Administration at Harvard Business School. He is also cochairman of the Draper Richards Kaplan Foundation, a global venture philanthropy firm, as well as chairman and a founding partner of Indaba Capital Management, LLC. Before joining Harvard in 2005, Kaplan was vice chairman of the Goldman Sachs Group.

Dr. S. Mark Young heads the entertainment business program at the University of Southern California's Marshall School of Business and is the author of five books.
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Product Details

  • Hardcover: 552 pages
  • Publisher: Prentice Hall; 6 edition (March 30, 2011)
  • Language: English
  • ISBN-10: 0137024975
  • ISBN-13: 978-0137024971
  • Product Dimensions: 8.1 x 1 x 10.1 inches
  • Shipping Weight: 2.3 pounds (View shipping rates and policies)
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (19 customer reviews)
  • Amazon Best Sellers Rank: #55,085 in Books (See Top 100 in Books)

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More About the Author

S. Mark Young holds the George Bozanic and Holman G. Hurt Chair in Sports and Entertainment Business at the University of Southern California. Dr. Young is also a Professor of Accounting in the Leventhal School of Accounting and holds joint appointments as Professor of Management and Organization in the Marshall School of Business, and Professor of Communication in the Annenberg School of Communication. His research in the entertainment area focuses on the psychology and economics of celebrity and the factors that influence the success of major motion pictures. His paper with Drew Pinsky, "Narcissism and Celebrity," (Journal of Research in Personality) was the first to gather a large sample of data on the celebrity personality. This study was included in the New York Times Year in Ideas special issue as one of the top ideas of 2006. His most recent book with Drew Pinsky, The Mirror Effect: How Celebrity Narcissism is Seducing America, (Harper Collins, 2009), is an analysis of how celebrity acting out behavior is having a profound negative effect on American youth and society. This book was on both the New York Times and LA Times Best Selling Lists. Dr. Young has won outstanding teaching awards at the undergraduate and graduate levels, and several international research awards. Mark has appeared on the CNN's The Situation Room, The View, The Howard Stern Show, Fox & Friends, The Morning Show with Mike and Juliet, ABC News Now, Fox Business Channel, the KTLA Morning News, and the Fox Strategy Room, and has been interviewed by Laura Ingraham, Mitch Albom, the BBC, the New York Times, the LA Times, National Public Radio, Marketplace, The London Times, Scientific American Mind, Men's Fitness, the Associated Press, Newsweek, Woman's Wear Daily, and comments regularly in the business and entertainment presses.

Mark also has an avid interest in the history and sociology of space toys and their connection to science fiction. He is a coauthor of the book (Dark Horse, 2001) "Blast Off! Rockets, Robots, Ray Guns and Rarities from the Golden Age of Space Toys," with Mike Richardson (President of Dark Horse Comics) and Steve Duin (columnist for the Portland Oregonian newspaper).


Customer Reviews

Top Customer Reviews

Format: Hardcover
I'm studying this book as part of my MBA and felt that it deserved a whole pile of rotten tomatoes.

I have never come across a book that was so pointlessly impenetrable (and I've read a lot of journal papers and science, math and economic textbooks)

in short, here are my main issues with it

1. The book is exceedingly verbose.

2. The examples are poorly explained and are not particularly helpful

3. The figures are poor or absent all together.

4. The book shrouds an otherwise not too difficult topic in waffle

5. There are no solutions! (what is with that? how am I supposed to learn if I can't check my working?)

To Lecturers considering using this for your classes - DON"T

To Students stuck with this book - COMPLAIN LOUDLY.
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Format: Hardcover Verified Purchase
This book is a real must Reading for everyone interested in the use of managerial tools to manage a company!
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Format: Hardcover
If you can avoid it, don't buy this book. The majority of the content relates very little to the problems from each chapter and the content is ambiguous. Almost as if the authors took pieces of a lengthier text and cut and pasted the content into this one. I did very well in my management accounting course for my MBA but this book was worthless, I had to locate alternate information online which was used as my main source for this class.
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Format: Hardcover
The text book helped me get through my MBA accounting class. The information is solid and the author does an excellent job explaining each step of different processes in detail. The overall management accounting theories as easy to follow as well. I am NOT an accounting person at ALL but I found this text really easy to follow.
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Format: Kindle Edition Verified Purchase
If you ask someone for the time, they don't tell you how to build a clock. This is exactly what this book does. The SIMPLEST concepts such as estimating whether or not you should take a custom order goes into pages of long winded explanations and concepts that are absolutely ridiculous. For example, there is a section that discusses how to decide whether to take a short term product order. In reality - the real world - this is very simple. You sit down and calculate out your costs, lost profits from the time you run the custom order and make a decision. Well, not according to this book. In order to make this decision, you must read 10 pages of bull.... and do a bunch of ridiculous formulas and spin on your head, hop on your left leg and recite the pledge of allegiance at the same time.

This book is horrible. The author makes the concepts extremely difficult and long winded when in reality they can be simplified and better explained than the way this book is written. This is a classic example of the author thinking he has to make everything so complex and fancy so that a college will buy the book and the professor will have something to teach because the problems and concepts are artificially complicated.

For example, there is one section in the book that discusses how to calculate variable and fixed costs. This is a relatively easy concept in reality but this book and author feels as if he needs to make it as complex and confusing as possible. They start out by listing out a simple equation and then give you 3-4 different scenarios back to back to thoroughly confuse the hell out of you.

It is just overly long winded and complicated. Most of the concepts in the book and material can be more easily explained and simplified.
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Format: Hardcover Verified Purchase
I hate this book!
Its required reading for my MBA program but its terrible.
Simple theories are made overly complex, and supporting examples are convoluted and not easy to follow!!
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Format: Hardcover Verified Purchase
This text book is ok, it is pretty dry and boring but it gives you the information needed. This is part of my class requirement so I did not have a choice. I would recommend just renting it.
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Format: Hardcover
This book is terribly written. The content of each chapter doesn't match up with the problems and case studies. The definitions of key terms are unclear and even confusing in some cases. The glossary in some cases provides a clearer explanation, but even in those cases the definitions are lacking.

The cases are ambiguous and unclear. This is especially frustrating since there are no examples in the chapter that provide insight while solving the problems in the book. You're on your own or at the mercy of your professor to give you some guidance.

The companion website through Pearson will take you through the problems, but in the end there is very little insight that comes from the book or the homework. The website expects values in certain orders and with specific rounding and precision so that if you solve the problem in excel, you may still get some parts wrong due to excel keeping the numbers too precise.

I would not recommend this book or the companion website. There must be some other way to teach this subject.
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Management Accounting: Information for Decision-Making and Strategy Execution (6th Edition)
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