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Title: A good read for discouraged management accountants.
Review: For those management accountants who feel less than totally appreciated (the real ones will know this to be a common feeling) then this book shows how financial accounting usurped management accounting when the bean counters went looking for shareholders and needed to tell less than the truth about what was going on inside their firms.If auditors are just hookers with a degree, then financial accountants are then just politicians without a cause - you cannot run a business on late and averaged data from the financial perspective.This book reminds us that knowing what things cost to make and cost to sell is what keeps a firm on the black ink side of the ledger.Worth a read.
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