Beware ! This book does perhaps the poorest example explaining any concepts. I have never had so much stress in my life than taking a managerial accounting class with this book. I mean I actually couldn't sleep because of this book!
I took this class last year and I just finished my MBA and I am working on my Phd now, and I thought I would reflect and give some valuable advice to you, my fellow students.
If you don't have a prior managerial accounting background, go read as much as you can before you get into this book. Or you will be completely stressed out, lost and feel that you are a dummy. This book makes smart students feel dum. I mean really dum. You are not dum, the book just lacks clear explanations.
This book deals mostly with managerial accounting. For example if you are paid $100 per day at your job, really you are costing the company more than what you are being paid, really you use resources, like from human resources who hired you, electricity costs, phone costs, IT, etc, so your true cost to the company broken down is probably $160 per day. This is called cost allocation, in a crude example.
Easy concept right?, Just that you will not be able to learn this easily from this book unless you have a deep prior background in this. The good examples Zimmerman(author) gives are spoiled by the majority of his jargon and bad examples.
I honestly found myself at one point reading 1 page for over an hour to understand! (and I am a high A student). In my entire MBA program, I never had a worse book, nor more stress!!!
Ultimately, I had to do many exhaustive Internet searches to learn cost allocation theory.
Some reasons why this book is so bad:
(1) Does not explain many concepts with clear explanations
(2) Uses too much jargon
(3) Shows graphs and vital data one the next pages instead of including them on the same page, Imagine as you read you have to constantly change the page to see the graphs and charts, Very poor!
(4) Zimmeran doesn't want to teach, rather he wants to prove to you that he is smart!
(5) THE WORST
Perhaps the worst is the homework problems in the back. Zimmerman (the author) does not give sufficient examples of how to solve these examples. Nor does the book give the answers. Also, some problems are extremely hard, even the professor of the class had difficulty solving and explaining this. What is the goal of a book if students have to search elsewhere and be stressed out to learn?
I would say that this book is like taking a class in Algebra and having questions and concepts explained in Calculus.
Again, if you don't have a prior background in any of this, go take a class at a junior college on cost accounting to prepare for this book, you will need it. Or you too will be so stressed out!!
Jerold Zimmerman, please don't take personal offense, you may be a smart guy, but the art of education is explaining concepts easily and showing your work, which in my opinion and my fellow students' opinion, overall this book lacks.
GOOD LUCK to all students, and my prayers are with you if you have this book.