Management Accounting [Hardcover]

W. Steve Albrecht (Author), James D. Stice (Author), Earl K. Stice (Author), K. Fred Skousen (Author)

Book Description

ISBN-10: 0324067593 | ISBN-13: 978-0324067590 | Publication Date: July 2, 2001 | Edition: 2

Albrecht introduces students to basic accounting concepts, excites them by using lots of real world examples (both U.S. and international), provides them with some basic accounting knowledge, and then shows them how accounting is used and analyzed in actual case situations. This book does not take an encyclopedic approach to every possible nuance of costing and cost management since students who desire that level of detail will find it in more advanced classes.

Editorial Reviews

Review

The authors give enough [EOC] material that the professor can do some of the exercises and problems in class for the students and still have enough problems and exercises to assign to the students for homework. The exercises and problems tie in nicely with the chapter material. They emphasize the important points the students need to know.

I find the Real World Notes to be especially useful. I often discuss them in class. I think it is quite useful to give the students something that they can relate to in the real world.

I especially like the "Special Activities" section. It allows me to integrate writing skills into the accounting class. It also gives the students insight into real companies that they are familiar with and how the chapter topics relate to the real world.

The Encore section is good and interesting. It provides an example of how critical thinking is used in accounting to make real decisions. --This text refers to an out of print or unavailable edition of this title.

About the Author

W. Steve Albrecht is the Associate Dean of the Marriott School of Management and Arthur Andersen Professor at Brigham Young University. Dr. Albrecht, a certified public accountant, certified internal auditor, and certified fraud examiner, came to BYU in 1977 after teaching at Stanford and at the University of Illinois. Earlier, he worked as a staff accountant for Deloitte & Touche. Prior to becoming associate dean of the Marriott School, Dr. Albrecht served for eight years as the director of the School of Accountancy and Information Systems at BYU. During that time, BYU’s undergraduate and graduate accounting programs were ranked 2nd and 3rd in the United States.Dr. Albrecht received a bachelor’s degree in accounting from Brigham Young University and his MBA and PhD degrees from the University of Wisconsin at Madison. He currently serves on the audit committees and boards of directors of three public and two private companies. Dr. Albrecht is married to the former LeAnn Christiansen, and they have six children and six grandchildren.

Product Details

• Hardcover: 596 pages
• Publisher: South-Western College Pub; 2 edition (July 2, 2001)
• Language: English
• ISBN-10: 0324067593
• ISBN-13: 978-0324067590
• Product Dimensions: 11.2 x 8.8 x 1 inches
• Shipping Weight: 3.4 pounds
• Average Customer Review: 3.9 out of 5 stars  See all reviews (32 customer reviews)
• Amazon Best Sellers Rank: #3,350,307 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

14 of 16 people found the following review helpful:

4.0 out of 5 stars Well presented, but you need the study guide., October 24, 1999

By 

Andy Packard "Andy" (Denver, CO) - See all my reviews

This review is from: Financial Accounting: Concepts and Applications (Hardcover)

This book, actually two sold as one, has a ton of exercises, with NO useful answers--as though a ploy to force you to buy the study guide. On retrospect: buy the study guide if you hope to actually DO any exercises as part of your learning. (Note to autors: break this into the TWO books you know it is, and add the answers to the odd-numbered questions, eh?)

2 of 2 people found the following review helpful:

5.0 out of 5 stars Definitely a keeper! Two thumbs up!, June 20, 2010

By 

UAH Dirk "Dirk" (Alabama) - See all my reviews

This review is from: Financial Accounting, Reporting and Analysis (with 1-year Access to Thomson ONE, Business School Edition) (Hardcover)

I just started taking MBA classes, and Financial Accounting is one of my foundation classes. Our professor insisted in using the outdated version, although the latest edition would be not so much off, from what I heard.

I am half way through the book at this time, and so far I can say that it is a very well written, easy to read and understandable textbook. The reader is systematically introduced to the essentials of Financial Accounting. Being an engineer, the whole area used to be somewhat a book with seven seals for me, which seemlessly opens up now chapter by chapter.

The manifold examples and question sections at the end of each chapter help a lot to strengthen the just acquired knowledge. With a grain of salt, though, the book itself does not provide any solutions to the questions and examples.
I presume the book is not intended for self studies, but it could very well be, if the solutions would be available. Thank goodness, those were provided to us by our professor, so I assume there should be a teacher's version or a separate solutions book out there.

As soon as I finish the class I might come back to add more.

2 of 2 people found the following review helpful:

5.0 out of 5 stars a great introduction for accounting, September 21, 2007

By 

A. Alsubaiei (TX) - See all my reviews
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Amazon Verified Purchase

This review is from: Accounting: Concepts and Applications (Concepts & Applications) (Hardcover)

For people who don't know any thing about accounting (like me) this the book for you. it starts with the basic concept then explane the more diffecult one in the rest of the book.
eventhough I didn't study all the book however what I have taken was great