The Management Accountant’s Standard Desk Reference is a working guide that will assist practitioners in quickly pinpointing and solving problems. They’ll learn what to look for, what to do, and when and how to do it. The measures, guidelines, ratios, formulas, procedures, techniques, and rules of thumb included will provide solutions to virtually any managerial accounting-related problems that arise in practice. Above all, this is a practical, comprehensive desk reference.
Designed for the experienced managerial accountant, this book is organized with ease of use in mind. It is a valuable reference tool with outlines, checklists, illustrations, step-by-step instructions, charts, sample documents, and other how-to’s.
Among the areas covered: cost behavior; cost estimation; zero-base budgeting; capital budgeting; cost management and cost accumulation systems; cost concepts and accounting systems; quantitative methods and financial statement analysis; internal auditing and control; and forensic accounting.
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Jae K. Shim is Professor of Business Administration at California State University, Long Beach, and a consultant for over twenty years. He is also president of the National Business Review Foundation.
"This well-organized accounting resource is easy to understand and follow. Shim (California State Univ., Long Beach) is an authority on the topic and author of numerous publications, e.g., The Financial Troubleshooter (CH, Jan'06, 43-2886), Accounting and Elnance for the Nonfinancial Executive (CH, Jan'01, 38-2821), and Strategic Business Forecasting (CH, Sep'00, 38-0395). Although specifically designed for practitioners, this work can also benefit students because it is authoritative yet comprehensible. Each chapter begins with general information about a key topic, e.g., cost classification, activity-based costing, break-even and cost-volume-profit analysis, budgeting for profit planning and financial modeling, and long-term investment and capital budgeting decisions. Shim then breaks down each topic into subsections that provide detailed information as well as illustrations, formulas, ratios, procedures, charts, tables, and examples that further explain the concepts. Each chapter ends with a summary that highlights its key information. Practitioners will find this desk reference useful to consult when they need an answer to a specific question or a quick review, and students will find it valuable as a good, basic overview of management accounting. Summing Up: Highly recommended (Choice 2009-03-01)
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