Customer Reviews

Managerial Accounting: Creating Value in a Dynamic Business Environment

5 star:		(6)
4 star:		(0)
3 star:		(3)
2 star:		(0)
1 star:		(2)

 

 

I am teaching Management Accounting to the students of MBA and professional bodies for the last 21 years and have critically studied some of the best available text books on the subject. This book is very well written and covers the major topics. It is an outstanding book particularly for beginners and MBA students for a one semister course. The author has proovided good illustrations and a variety of exercises and problems at the end of chapter. However those who wish to specialise in Managerial Accounting need additional readings. I adopted this book for MBA students since its 1st edition was published. At present I have adopted the 5th edition which has been revised in line with the changing environment. Majority of the students have very much appreciated this book because it is easy to understand. I have observed that some students of professional bodies are also referring to this book for reference purpose.
This review pertains to the 5th International edition.

This text is very valuable in that it doesn't require the student to needlessly crunch numbers in order to get an understanding of the concepts. The author cleverly presents the information in such a way that by doing short exercises the reader gains insight as to the underlying processes involved in creating managerial/cost accounting systems. This is far more valuable than following the rote-memorization technique that most managerial accounting texts utilize. Also, the inclusion of the newer, more analytical, techniques of structuring costing systems was particularly helpful.

The proof is in the pudding: Since utilizing this text, I have been able to add significant value to a $4B organization's costing efforts.

The fourth edition of managerial accounting by Hilton focuses more on pretty text covers and graphics than creating understandable text. I found this book confusing at points and lacking in complex examples with answers. Examples are not any good without an explanation. I feel this book is too expensive and you can learn managerial accounting a lot less painlessly with other books on the market.

This is a very well structured, and easy to understand textbook. It is good for class and great for self-studying.

I liked your book. You presented alot of concepts in a clear manner. However, please publish a solution manual for all chapter problems. Also, please discuss FIFO method in more detail.

My instructor for this course was not a good teacher, but the text in this book was so crystal clear, it helped get me an A.

and need the solution for some one problems. In this sense only 2 stars

I am very dissatisfied. I ordered this book a month and a half ago and never received it. I tried to contact the seller and still nothing.

Uses real-life examples throughout to teach concepts. I recommend keeping this book for future reference throughout your life as a business manager, to always refer to when faced with managerial accounting decisions.

The book was brand new and shipped within five days.