Modern Cost Management Analysis (Barron's Business Library)

Rating:
Summary: More Practical than Theory!
Review: This is a very well - organized introduction to cost accounting. There are some very useful chapters on cost behavior and cost estimation, as well as cost-volume-profit and break even analysis. The theory is very clear, however, the quantitative examples are basic. Not a complete study guide for the MBA student, but a great compendium to supplement theory and basic understanding. Plus, if you own several volumes from the Barron's Business Library you get the bonus of having them look cool on the bookshelf!

Rating:
Summary: Great overview of cost accounting for manufacturing
Review: This little book is a wonderful review of all the things you need to consider if you are doing accounting in a manufacturing concern. The ideas are applicable as well for service organizations but the examples are geared toward accounting for manufactured products. The authors talk about when or why you would use a certain type of costing method rather than just explain how it's done. For example, they explain the reason for using Just In Time costing and the benefits over traditional cost accounting and describe what performance measures you would use with each system. I'm only halfway through my libray copy but have decided to buy my own to keep for reference.