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Activity-Based Costing : Making It Work for Small and Mid-Sized Companies

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Title: Activity-Based Costing : Making It Work for Small and Mid-Sized Companies
by Douglas T. Hicks
ISBN: 0-471-23754-X
Publisher: John Wiley & Sons
Pub. Date: 09 August, 2002
Format: Paperback
Volumes: 1
List Price(USD): $58.00
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Average Customer Rating: 4.89 (9 reviews)

Customer Reviews

Rating: 4
Summary: Very detailed
Comment: Hicks has a lot to offer in this book on activity-based costing, however it is not an easy to read. It very quickly dives into the weeds of detail. I think this is a very good second book to read on Activity Based Costing, because it goes into the details of how to actually implement a system. I would recommend that you first read Kaplan's "Cost and Effect," to get a good grounding in the fundamentals before reading this book.

Rating: 5
Summary: Must Buy for ABC
Comment: This is a fantastic book on the subject of ABC. The costing model constructed in the book goes into just enough detail to give you a practical foundation for actual implementation, without getting lost in minutiae. At just the right times, the author also reminds you about the big picture and doesn't let you go away thinking correct decisions can all be boiled down to exercises in number-crunching. This is a must-buy, if you're serious about implementing ABC in your organization.

Rating: 5
Summary: It really makes it work
Comment: Activity-Based Costing: Making it Work for Small and Mid-Sized Companies, is a very well written and usefull handbook to design and implementation of Activity-Based Costing. It provides: a general description of key concepts of ABC, a practical guide to design of ABC system in the company, as well as description of any potential problems concerning implementation of ABC. I am working as a financial consultant (in Warsaw), and this book has helped me to help many companies that were loosing their cost-effectiveness. I think, that the author should have added some 100 pages to the book, and defined - described some aspects of Activity-Based Management - although that could have been too technical for most of the readers. Overall, I think that the book contains most of the knowledge needed for successful design & implementation of ABC. It really worked for me...

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