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Budgeting Basics & Beyond: A Complete Step-By-Step Guide for Nonfinancial Managers

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Title: Budgeting Basics & Beyond: A Complete Step-By-Step Guide for Nonfinancial Managers
by Jae K. Shim, Joel G. Siegel
ISBN: 0-13-312232-8
Publisher: Prentice Hall Press
Pub. Date: 14 November, 1994
Format: Paperback
Volumes: 1
List Price(USD): $26.00
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Average Customer Rating: 4 (2 reviews)

Customer Reviews

Rating: 3
Summary: Appear to be some math errors in this book
Comment: 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.

Rating: 5
Summary: Complete Accounting Guide
Comment: 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.

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