Gain an understanding of the principles behind cost accounting and its importance in organizational decision making and business today with the unique, reader-friendly approach in Hansen/Mowen/Heitger’s COST MANAGEMENT, 5E. This edition addresses functional-based cost and control and, then, activity-based cost systems - giving you the skills to navigate any cost management system. Updates address emerging developments, including the role of data analytics in cost management today. An entire new chapter also examines global issues, such as virtual currency and blockchain. This edition's extensively researched, proven approach is tailored to the way you learn. Structured examples from familiar companies emphasize the real-world applications and relevance of what you are learning. In addition, clear explanations review the concepts behind each equation or topic, detailing the hows, whys and what-ifs. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
This book is excellent for an operations person seeking better understanding of finance, or the finance person wishing for an introduction to value-based thinking." -Brian Maskell, President, BMA Inc.
In such cases , a team would pass on its suggestion to another team to develop a strategy for this cost element . In Figure 4-7 the team at Anything Inc. argues that with the exception of administration costs , all other costs were ...
Improve the accuracy of project estimates and make better in-progress modifications by following the discipline-independent approach mapped out in this book.
After reading this book, you will have an understanding of the power of ABC/M as a tool to understand costs and make better business decisions." —John F. Morrow, CPA, AICPA Vice President, The New Finance "Gary Cokins has helped light the ...
Covers the strategic management topics in cost accounting. This title helps students to understand about the management and the role of cost accounting in helping an organization succeed.
This concise book demonstrates how to establish realistic estimates, how to control a projects schedule and costs, and how to develop the projects plan and processes for successful project completion.
Experts on the strategic use of cost data, the authors show how stategic cost management is revolutionizing accounting practices in leading companies. Includes numerous examples. 120 line drawings.
Cases and Readings in Strategic Cost Management for Use with Cost Management: A Strategic Emphasis
This book illustrates the importance effective cost management systems in providing a supportive environment in which reliable and relevant management information can be generated.
Cost Management: Accounting and Control emphasizes that changing conditions often require a change in cost management systems.