Customer Reviews:
great study guide.......2007-03-11
the book is easy to understand and the practice problems all have solutions and reasons behind the answer. it would be nice if it answered some of the problems from the book also.
Average customer rating:
- Do not take Managerial Accounting without this book
- Brush up on Part 2 of CMA with this product.
- Advance and Simple!!
- Missing table Of Contents
|
Schaum's Guideline of Managerial Accounting
Jae K. Shim
Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Paperback
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Similar Items:
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Schaum's Financial Accounting 2 Ed.
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Schaum's Outline of Cost Accounting, 3rd, Including 185 Solved Problems
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Schaum's Outline of Principles of Accounting II
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Schaum's Quick Guide to Business Formulas: 201 Decision-Making Tools for Business, Finance, and Accounting Students
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Schaum's Outline of Principles of Accounting I (Schaum's)
ASIN: 0070580413 |
Book Description
If you want top grades and thorough understanding of managerial accounting, this powerful study tool is the best tutor you can have! It takes you step-by-step through the subject and gives you accompanying related problems with fully worked solutions, including sample problems from the cost/managerial portion of the CPA, CMA, SMA, and CGA exams. You also get additional practice problems to solve on your own, working at your own speed. In addition, this superb, just-revised study guide gives you new chapters on job order costing and process costing, allocation of service department costs, activity-based costing, quality costs and Total Quality Management, just-in-time inventory, and new material on Modified Accelerated Cost Recovery System.
Customer Reviews:
Do not take Managerial Accounting without this book.......2007-04-23
This book is what got me through managerial accounting in my MBA program. As a dyslexic mathphobe I was very nervous about taking an accounting class and I was not comforted at all by a professor who only seemed to speak in numbers and a textbook that confused even my friend - the CPA.
This book is clear, concise, and to the point and has tons of exercises/problems with a the answers fully worked out and explained. This book helped me get an A in my class - I highly recommend this book to everyone who needs help in managerial accounting.
Brush up on Part 2 of CMA with this product........2007-01-02
This book is great! It gives you really good examples of cost accounting problems. It includes easy to understand solutions in every chapter. I'm a current CMA candidate and this book helped understand many of costing procedures that I had difficulty grasping in college. Excellent review material!
Advance and Simple!!.......2001-04-10
like other books of SHIM & SIEGEL this book is also very simple for following althoug it is an advance book in the managerial accounting area.
Missing table Of Contents.......2000-01-19
Could you possibly include the table of contents in this page? (Sorry to have to include this request under this section but there doesn't appear to be any place to get comments back to Amazon).
Book Description
If you want top grades and thorough understanding of Accounting I, this powerful study tool is the best tutor you can have! It takes you step-by-step through the subject and gives you 520 accompanying related problems with fully worked solutions. You also get 5 complete practice exams to take on your own, working at your own speed. (Answers at the back show you how you're doing.) Famous for their clarity, wealth of illustrations and examples, and lack of dreary minutie, Schaum’s Outlines have sold more than 30 million copies worldwide—and this guide will show you why!
Download Description
If you want top grades and thorough understanding of Accounting I, this powerful study tool is the best tutor you can have!
Customer Reviews:
very clear and thorough.......2007-01-11
It was very clear and thorough. It is pretty good for the CLEP, but you will need Principles of Accounting 1 too.
Finaly I got it........2006-11-30
Wow! It's realy simple and awesome book for who is looking for accounting knowledge.
Schaum's Outline of Principles of Accounting I (Shcaum's).......2006-03-10
Presented in manner to make it easy to understand and practice. I became an "accountant" within the period I took to go through the entire book-one month! Now I do my own accounts using the principles I leant and a Peachtree accounting software.
I will be purchasing Schaum's other books.
Want to Learn Accounting? Buy this Book!.......2005-05-05
I admit it. I used to be intimidated with accounting. Its concepts were somewhat of a mystery. Debits and credits, journals and ledgers, balance sheets and income statements, adjusting entries, etc. You get the picture.
A year and a half ago, I bought this book. I now enjoy accounting because the authors were so successful and effective in teaching its precepts. Lerner and Cashin have turned muddy water into a clear pool. Why weren't my college professors so effective?
I read this book from cover to cover. I'm hoping that others will benefit as much as I have from this book. Chapters cover: accounting concepts, financial statements, transactional classification, adjusting and closing procedures, business and merchandising worksheets, methods of valuing inventory, receivables, cash and its control, payroll, and also property plant and equipment
The magic of this book revolves around lucid explanations and practical examples. The authors teach the principles, provide numerous examples and then afford the reader the opportunity to apply the lessons material. The book takes you step by step and builds upon the fundamentals.
If you take the time to do the chapter end problems, you should benefit greatly from this introduction to accounting.
Truly, I think the book is a wonderful resource and guide.
Book Description
For quick and authoritative answers to questions on business and financial formulas and tools, this unique book is unequaled! It not only clearly explains all major business and financial formulas, it shows you how to apply them, step by step. Perfect for college and graduate students in business, finance, marketing, operations, management, and accounting, this comprehensive, portable guide gives you quick access to all major financial and business formulas with explanations you can grasp and use in seconds. You get explanations, examples, and demonstrations of formulas for vertical analysis; net-cost method; sales mix analysis; regression statistics; profit margin; sampling formulas; discount cash flow analysis; weighted averages; cost of capital; earnings per share; inventory turnover; and nearly 200 more. This is the handiest tool available for mastering business formulas!
Customer Reviews:
Nice Handbook for Accounting students.......2007-02-20
The book is a nice handbook for students majoring in Finance and Accounting students. It has all the necessary explanations of the formulas along with good examples.As a person with some exposure to Finance and Accounting,I found the book to be extremely useful for students and pros in this field.
Effective refresher ... Efficient reference.......2007-01-07
I recommend this text to financial professionals I teach ... VERY helpful to clear the cobwebs several years after college!
Not just for students.......2002-05-28
This is a reprint of "McGraw-Hill Pocket Guide to Business Finance: 201 Decision-Making Tools for Managers" with a single difference. The now out-or-print book came with a runtime version of MathCAD and formulas for using each of the tools, while this new version does not. Also, don't let the title fool you - this book is as useful to working professionals as it is to students.
The 201 tools contained in this small, highly useful book range from Acid Test (doing a quick ratio of financials) to Z-Scores. Each tool is listed alphabetically, its use explained, and instructions on how to use it is provided. What I particularly liked is the worked examples that accompany each tool.
As an IT consultant who specializes in service delivery this book is not one I would normally include in my professional library. I was introduced to it when a colleague and I were writing a white paper on recovery management. We were searching for a way to link business imperatives to justification for investment in recovery strategies. We found one piece of the puzzle in this book - the Altman Z-Score. This tool predicts whether or not a company is likely to enter into bankruptcy within one or two years. This led to the development of a copyrighted model that addressed survival level objectives, and also became a key part of the Tarrani-Zarate Information Technologies Management Model. All this from a single entry in a small book!
Aside from discovering a relatively obscure, but important, tool I also found other useful tools in this book. Because I am not a business consultant or financial expert the tools were like a cram course in financial management for non-financial people. For example, I was able to apply some of the tools to personal financial matters - the real costs of a loan become quickly apparent when you compute them. I was also able to employ some of the tools to conduct realistic cost/benefit analyses, examine trade-offs supporting approaches to projects, etc. In this respect this small book has significantly improved my professional skills and has inspired me to read other books on financial management.
I strongly recommend this book - collection of tools really - to anyone who deals with finance, anyone who has P&L responsibilities, and business and IT consultants. The latter group will find this book to be invaluable for developing proposals, deliverables and project plans that add value.
GREAT!.......2002-01-12
This book saved me through four accounting courses three finance courses and two real estate courses. It is well organized and easy to locate any formula that is needed.
Book Description
This Schaum's Study Guide is the perfect tool for getting a handle on statistics. Fully stocked with solved problemsÑ508 of themÑit shows you how to work problems that may not have been fully explained in class. Plus you get 694 additional problems to use for practice, with answers at the back of the book. Ideal for independent study, brushup before exams, or preparation for professional tests, this Schaum's guide is clear, complete, and well-organized. It even prepares you for computer solutions of statistical problems, fully explaining the use of Minitab, the most popular statistical software. It's the perfect supplement for any course in statistics, and a super helper for the math-challenged.
Customer Reviews:
Effective refresher ... Efficient reference.......2007-01-07
I recommend this text to financial professionals I teach ... VERY helpful to clear the cobwebs several years after college!
Great for more advanced courses...........2006-12-12
I bought this book as a study aid for my Elementary Statistics class. Although the book does give you many examples to help solve, it gets a little too complicated for a beginning statistics class. It became hard to sort through the things I needed to gain a basic understanding of the fundamentals of statistics. If you are needing this book for your job or a more advanced statistics course, I would recommend it, but it's one for the beginner to leave alone.
Comprehensive Guide to Statistics.......2006-06-13
This excellent book provides a comprehensive look at statistical methods. It's a great reference guide with 19 chapters, each of which build nicely on one another.
Chapters 1 through 11 lay the foundation of statistical study and the reader should benefit greatly from this framework.
Specifically, Chapters 1 through 3 cover Variables and Graphs, Frequency Distributions and Mean-Median-Mode concepts. Chapters 4 through 6 move on to cover Standard Deviation, Skewness and Elementary Probability Theory. Chapter 7 then discusses Binomial, Normal and Poisson Distributions.
Chapters 8, 9, 10 and 11 delve into Sampling, Statistical Estimation, Statistical Decision and Small Sampling Theory.
The remaining chapters offer practical insights into such topics as Chi-Square test, Correlation Theory, Analysis of Variance (ANOVA), Time Series Analysis and Statistical Process Control. Much of this appears in the CFA curriculum and therefore is a worthy supplemental study.
True to its format, this Schaum's book helps readers via its question and answer format in each of its chapters. Going through these problems teaches and reinforces concepts taught in the first pages of each chapter in the book.
Great job authors! I'm hoping others will benefit from this book too.
Schaum's Outline of Statistics.......2006-03-03
This is a handy desk guide to statistics for someone who needs a statistical referemce as part of their job but is not a statistician, ie, performance management, data preparation or other information analysis. I compared this book to many others and found it the most comprehensive.
A Failed Attempt .......2005-01-12
This book is sloppily edited, with numerous typos in the equations. Page 91 has two symbolic errors plus a text error.
Overbar omitted twice on page 19 giving a nonsensical formula Z = (X - X)/s
Book Description
Designed for both undergraduate and graduate students, this popular study guide25,000 copies were bought of the first edition! covers everything from financial analysis and forecasting, planning and budgeting to leverage and capital structure, mergers and acquisitions and multinational business finance. This closest-thing-to-a-personal-tutor includes many problems with fully worked out solutions and a comprehensive exam. It's ideal for independent study, as preparation for CMA and CFA exams and for professional review.
Customer Reviews:
Effective reminder ... Efficient reference.......2007-01-07
I recommend this text to financial professionals I teach ... VERY helpful to clear the cobwebs several years after college!
Good Study Material but Some Sloppy Errors.......2005-03-11
I read this book to supplement my CFA curriculum studies. Compared to other Schaum's books, Financial Management by Shim and Siegel merits a rating of between 3 and 3 1/2.
Four chapters covering topics of Risk Return & Valuation, Capital Budgeting, Capital Budgeting Under Risk, and Cost of Capital were excellent. Other chapters were also well written. The problem sets solidified concepts and were a pleasure to work through.
The authors present the material in a straight forward and easy to understand manner. They provide numerous examples of how to apply the concepts which are truly beneficial.
My main complaint is that there are dozens of errors throughout the book, which indicate sloppy proofreading. This can potentially frustrate readers new to the field of financial management. Calculation errors (!), misapplication of formulas (Do vs. D1) and mislabeling of charts (time lines / cash flows) were particularly frustrating and can be confusing.
I welcome the authors to contact me if they plan to release an updated edition (this book copyrighted 1998). I'll be glad to share with them the errors (at least I think they are!) I found.
It would also have been nice if the authors utilized financial calculators for some of the TVM (time value of money) applications and indicated the keystrokes. A break-out box showing the steps on a Texas Instrument BA-II or HP12-C (two popular financial calculators) would be helpful.
In sum, Financial Management is a very readable book. It is comprehensive, practical, and provides a good depth of discussion without getting too theoretical. Just watch out for the silly mistakes.
great resource.......2004-11-03
I don't know what that reader below is saying.?? This book was very helpful to me when I used this for a finance class. It's great because it has quizzes/exams, definitions, key terms, a useful index, many many sample problems, and formulas in bold. When you are a busy person and are using this as a refresher, or in conjunction w/ a textbook, it's very helpful to have this paperback workbook to go through for a quick reference.
I've referred to it many times while reading through my textbook, doing homework problems, or studying for a test.
Love the schaum's series - this one in particular has been very useful to me.
Financial Management y Schaum's.......2003-07-21
This work is a good supplement to the class text. It has hundreds
of solved problems depicted. In addition, the Schaum's covers
international financial management problems which are not always
found in the standard texts. This is a good practice
workbook to reinforce the current text and class notes.
Complex cash flow problems, present value and return on investment problems are shown with accompanying diagrams to aid
in the visual presentation. This text is excellent in order to
prepare for formal licensing exams and other comprehensive
tests .
lack of knowledge.......2003-05-27
just open the first sample page. you see that the author does not even understand what profit maximization, as defined by economists, is. i would be careful if i were you.
Book Description
Practical examples of all important concepts and procedures enrich this clear, logical, and popular guide to financial accounting. This new edition updates material about cash flows and accounting rules and includes new information about accounting software, payroll accounting and federal income taxes. The hundreds of problems with step-by-step solutions prepare students for success with everyday practice and with the CPA exam. Typical exam questions with answers help students measure their comprehension and progress.
Customer Reviews:
Straight and to the point.......2006-07-27
Most texts I've read on Accounting (from my father's extensive library) are long on explanation and short on worked examples. The Schaum series on Accounting is just the opposite. No need to wade through a ton of explanation. A short explanation is followed by worked examples and numerous test questions followed by the answers, fully worked. I'm just starting out in accounting, and sometimes the concepts didn't really gel with me. But by doing the test questions, and in particular being able to check the results and supplied workings, I found that I learnt the principles much more quickly than I would have otherwise, and was able to retain the understanding.
I borrowed this book from my local library, but then I decided it was a perfect reference book to own.
And I bought almost the entire set of the Schaum's accounting series on the strength of my experience with this learning approach.
An excellent book - an excellent series.
Well Organized Material.......2005-11-23
Schaum's Financial Accounting is a well-written book which augmented my accounting studies.
I especially like the way the table of content is organized. The first three chapters provide an introduction to financial accounting, financial statements and the process of analyzing and recording transactions.
The next three chapters spend time on adjusting and closing entries and then on trial balance worksheets (both for service-oriented and merchandise-oriented businesses). This sets the stage for examining all major aspects of the balance sheet, which chapters 7 through 12 cover.
Following Schaums Outlines typical format, this book presents material in an easy-to-understand manner and then offers the reader with opportunities to solidify their understanding of course material through "Solved Problems" and chapter-end questions.
Shim and Siegel do a fine job of keeping material concise while discussing all major topical points.
They conclude their book with chapters covering partnerships, financial statement analysis, statement of cash flows and multinational operations.
This book merits a 3 1/2 star rating. You might consider Schaums Principles of Accounting I and II for a more thorough examination of the same topical material. However, if you wish to buy just "one book" to augment your studies, "Financial Management" would be a fine choice.
Schaum's Financial Accounting 2 Ed. .......2005-10-14
I am an accounting student. I love this book! I have bought all the Schaum's books related to Accounting. If I had to choose just one book, it would be this one. I get lost trying to follow our textbook. I open this puppy up and it has everything. I'm able to follow the explanations and examples without any problem. Trust me! You will not be disappointed. I was very impressed by how fast my books got to me. I had books coming to me within 2 days. In less than one week's time, I had all 7 books. It really is worth it. :-)
Good Investment.......2000-09-28
I bought this book to complement a senior level financial accounting course that I took. The book is concise, provides plenty of examples, and helps to solidify theories & actual practices of financial accounting. There are plenty of exercises to go through to help solidify your practical understanding of the material. I found that it was particulary useful to help me review & brush up before my tests in my financial accounting course. Overall a good investment.
Book Description
If you want top grades and a thorough understanding of Intermediate Accounting II, this powerful study tool is the best tutor you can have! It takes you step-by-step through the subject and gives you 431 accompanying related problems with fully worked solutions. You also get plenty of practice problems to do on your own, working at your own speed. (Answers at the back show you how you're doing.) Famous for their clarity, wealth of illustrations and examples, and lack of dreary minutiae, Schaum’s Outlines have sold more than 30 million copies worldwide—and this guide will show you why!
Customer Reviews:
Good Supplement to CFA Studies.......2005-07-13
Thus far, I have been fairly impressed with the quality and consistency of Schaum's Outlines. While I can't fairly evaluate this book's usefulness to CPA candidates, I believe that Baruch Englard's Intermediate Accounting II provides an excellent supplement to those pursuing the CFA curriculum or students studying accounting.
I appreciated Englard's attention to accuracy - I found few errors or discrepancies (but hey that could just be me!). To his credit, he also has a good way of explaining things.
The book's copyright is 1992, but the chapter material was still very relevant. The fundamental concepts presented in the book seem to have lasting value.
Most valuable to me were chapters covering Long-Term Liabilities, Dilutive Securities and Earnings Per Share, Revenue Recognition Issues, Accounting for Leases, Statement of Cash Flows, Accounting for Pensions and Deferred Income Taxes. All of these topics are currently studied under the CFA curriculum. Englard's accounting perspective broadens the financial analysts focus and thus makes the book a very worthwhile read.
Chapter end review problems provide readers with ample opportunity to further understand concepts. I commend Schaum's Outlines for being consistent with this general format. It facilitates one's learning and increased interest in topical studies.
Book Description
Modern Auditing, 6E integrates accounting standards, accounting systems, internal accounting controls, and dual functions of investigating and reporting â all within the context of the professional accounting practice environment.
Customer Reviews:
Extensive .......2006-05-07
This book is extensive but confusing. I had to flip back to different chapters to make sure I didn't miss anything.
Vague, wordy, confusing, and in need of examples.......2005-11-10
I found that if you want to learn the language of auditing, have another reference handy. Often, the discourse goes on and on and on and could really be distilled down into a sentence or two that had a firm and grounded presentation. There were very few examples so it was difficult at best to try to understand the often high-level conceptual frameworks that were constantly being presented. I also noted quite a few editing errors that probably arose from cut-and-pastes that were not carefully reviewed. Also, figures and diagrams were reused and were not carefully reviewed either as information was present that didn't apply to the new scenario.
Very Confusing.......2005-07-13
I believe you can find a better auditing textbook in the market. I took an auditing class with one of the authur in Portland and, as a result, was required to buy the textbook. But, I ended up using another auditing textbook in order to get an "A" from this class. The format and writing style are very difficult to follow and understand.
It's OK........1999-05-13
I'm a college student. I am studying auditing to take an AICPA exam. well, auditing is hard for me to study. I think, in order to understand a structure of auditing, reading a book is important. 'Modern Auditing' is helpful to me. A consistent arrangement of context, detailed indexes, lots of figures.... I'd like to recommend 'Modern Auditing'.
Book Description
This popular Student Guide is a self-study aid to accompany the 11th edition of Cost Accounting: A Managerial Emphasis, by Horngren, Datar and Foster. The Student Guide's three purposes are: (1) to reinforce and clarify your understanding of the textbook material, (2) to develop your analytical thinking skills, and (3) to help you review for exams effectively. The Student Guide is designed to provide maximum benefit from your study time.
To focus your study, each chapter of the Student Guide contains four sections: (1) Review Points in easy-to-read paragraph style, (2) Featured Exercise and Solution covering key points in textbook assignment material, (3) Review Questions and Exercises, including CPA and CMA questions, and (4) Answers (with explanatrions) to the Review Questions and Exercises.
Customer Reviews:
Could be better! Too few problems!.......2002-12-30
I used it for the cost accounting class and though I found it helpful, I thought that there were too few problems given in the study guide and the ones there did not really reflect on the ones in the textbook. The summaries were well written and an excellent tool for review, but I think the problems should correlate more with what is in the text. I did get A in the class, but I've seen better study guides. Accounting is all in practice, so problems are more important than the terminology.
Great study guide.......2002-09-26
I have used an earlier edition and thought it was great, but this one is even better. Easiy to follow and effectively packs a tremendous amount if information between the covers. It really makes a compex subject come into focus. Can't think of enough good things to say about this guide.
Great study guide.......2002-09-26
I have used an earlier edition and thought it was great, but this one is even better. Easiy to follow and effectively packs a tremendous amount if information between the covers. It really makes a compex subject come into focus. Can't think of enough good things to say about this guide.
Learning Cost Accounting.......2002-09-03
Like math, the learning process for cost accounting is enhanced by working practice problems and applications. The Cost Accounting: A Managerial Emphasis Student Guide and Review Manual provides excellent cost accounting material with solutions. I would recommend this guide to any student who is serious about learning and understanding the concepts presented in the related text book -- Cost Accounting, A Managerial Emphasis.
Great Study Guide for Cost Accounting!!!!.......2002-08-30
I used this book (a prior edition) in my cost accounting studies and I highly recommend it to anyone who would like to learn these methods at an accelerated pace. It is easy to read and comprehend and cuts through a lot of the confusion generated by less salient authors in the same discipline. I recommend this student study guide for purposes of demystifying the realm of cost accounting.
Books:
- Cost Management: Accounting and Control
- Cost Management: Accounting and Control
- Cost Management: Accounting and Control
- Currency Overlay: A Practical Guide
- Dictionary of Accounting Terms (Barron's Business Dictionaries)
- EasyScript Express How To Take Fast Notes in a Matter of Hours (Easyscript Express How to Take Fast & Legible Notes)
- Econometric Analysis of Cross Section and Panel Data
- Enterprise Risk Management: From Incentives to Controls
- Essentials of Corporate Finance (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
- Essentials of Health Care Finance
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