Managerial-finance

This is one of the best finance/accounting books I have read. For practicing generalists, this book is right on target -- not too detailed, but detailed enough. What's more, it's excellently written! My only criticism is that the title is somewhat misleading -- alot of topics other than "cost management" are covered by the author. Highly recommended!

I really enjoyed reading this book. By far, it is one of the best I've read in the field of cost accounting. Lianabel does a great job explaining the concepts and bringing them to life with examples. By the way, if you're interested in ABC/ABM, Tom Pryor's book called "Using ABM for Continuous Improvement" is also a great book with lots of examples.

Lianabel Oliver's book is an excellent simple book for managers and yes the general public! This book has helped understand the budgets the Administrator prepares in our office very year in terms of the importance of allocating effort and money to the continuously changing needs and demands of our work. It has also helped in formulating the right questions when I read the audit reports, budget projections, and income balance statements as a member of several board of directors.

Practical questions are introduced in each chapter and the analyses tools to deal with them are provided in both a simple and a more complex manner. The complex concepts are extremely well explained. Someone like myself, with no formal financial background could understand the concepts and reason through the chapters. One of the most amazing aspects of the book is that it draws on the very vast experience of the author with concrete examples that illustrate the points she is making and shows the various paths that one might take --the good and the bad. Showing the bad choices one can make and how to solve the problems this creates is seldom found in professional literature.

This book should be required reading for business people in general but most importantly for those businesses that deal directly with costumers. For example, chapter 8 will show both how to effectively measure the financial performance of these people-related businesses and how to improve the quality of service (cost management).

the book was just like brand new, no underlining, no torn pages etc. the book is great

Pretty good book that explains complex subject matter in an easy to understand manner. MBA students without an accounting background can easily comprehend the concepts presented. The only fault I found is that sometimes the authors get too wordy trying to make their point. One of the best accounting textbooks I've used in my educational career.

I bought this book to help me studying for my part 3 CMA exam.

The reason I removed the fifth star from my rating is:
First : It does not have enough questions, or questions are irrelevant to the ones you get in a CMA exam. Besides, there are no answers given to help you evaluate your self.

Second: Though it has a good website for student support ... some main chapters are still under construction!!

My Conclusion is that If you are a manager, you will find this book very helpful more than any other book but if you are a student you better use another text book like Horngren .