Management-accounting

I find this book to be well organized and easy to read. There is a great deal of useful material that does not go over anyone's head.

I think there are some math errors - I looked mostly in the CAPITAL BUDGETING chapter. On page 328, the present value of 3.3073 should be 3.0373 with disasterous results.

On page 348, the formulae for Standard Deviation appear to be totally wrong. Frankly I am amazed by these errors and they put most of the of math the book into serious question. I didn't continue into this chapter after this as I no longer trust the math - so beware and check for yourself.

This is unfortunate - except for some simple yet devastating errors, I like the book a great deal. Just too bad.

This book was not only helpful with creating our companies budget, but it went into complete detail of every day functions our company should be performing. It outlined who should be responsible for what aspects of not only the budget but for daily, weekly, and monthly reports. The book was complete with diagrams and easy to follow samples. It was an easy read besides. The book has become part of our reference library.

A concise yet very informative book for managers interested in running a business 'by the numbers'. It is written in a very practical and easy-to-understand manner. I utilize many of Tracy's ideas in my own job. The book deals not only with budgeting but with management reporting, break-even analysis, project anlysis, and accounting issues in both service and manufacturing enviroments.

I found this book to be very practically oriented and extremely helpful for me to understand new trends in budgeting, but most of all to help me plan for the purchase and implementation of a new budgeting software in our corporation. It helped us find qualified vendors, and the attached RFP (which also was downloadable as a Word file from the publisher's Web-site) literally saved us thousands of dollars by eliminating the need to write an RFP from scratch. I also found the various report examples, contract examples and the sample project plan very useful. Overall, this was the only book I have found on modern budgeting and budgeting software, and I was pleasantly surprised how helpful it has been to us.