Cost Management: Strategic Emphasis 2nd Ed.

Description:
This textbook offers strategic management topics in conjunction with traditional cost accounting material. Over the last decade, much research has been published that redefines the role of the cost accountant with the organisation. This research suggests that firms today are looking for accountants who understand the needs of management and can provide input in decision-making. The authors include discussions about strategy and decision-making, as well as research from prominent professionals such as Michael Porter and John Shank. The distinguishing features of this book are its strategic cost management framework and the emphasis on using cases.

Table of Contents:
Part I. Introduction to Cost Management. 1. Cost Management: An Overview. 2. Strategic Analysis and Strategic Cost Management. 3. Basic Cost Concepts. Part 2. Contemporary Cost Management. 4. Activity-Based Costing and Management. 5. Target Costing, Theory of Constraints, and Life Cycle Costing. 6. Total Quality Management. Part 3. Management Planning and Decision Making. 8. Cost-Volume-Profit Analysis. 9. Strategy Implementation and the Master Budget. 10. Decision Making with Relevant Costs and Strategic Analysis. 11. Strategic Planning and Capital Budgeting. Part 4. Cost Management Systems. 12. Job Costing. 13. Process Costing. 14. Cost Allocation: Service Departments and Joint Product Costs. Part 5. Operational Control. 15. The Flexible Budget and Standard Costing: Direct Materials and Direct Labor. 16. Standard Costing: Factory Overhead. 17. Managing Productivity and Marketing Effectiveness. Part 6. Management Control. 18. Management Control and Strategic Performance Measurement. 19. Strategic Investment Units and Transfer Pricing. 20. Management Compensation and Business Valuation.