Cost management: accountig and control

Abstract

Cost Management: Accounting and Control is designed for accounting and business managers. It covers the managerial use of accounting, financial, and operating data for planning, control, and decision making. A heavy emphasis is placed on how to manage costs to be globally competitive. Due to the nature of the subject, the course uses the multidisciplinary approach to the subject, looking at the topic from many different angles such as finance, economics, marketing, information systems, quantitative methods, and the like. Heavily emphasized is the incorporation of information technology (i.e., how to use computer software) into virtually every subject covered in this course. Furthermore, the course uses the solved problems approach, with emphasis on the practical application of managerial and cost accounting concepts, tools, and methodology. The reader is provided with the following: 1. Definitions and explanations that are understandable. 2. A variety of examples illustrating the concepts and techniques that are concise. 3. Ample problems and detailed suggested solutions. 4. Computer software demonstration and printouts. 5. Additional materials that supplement the topic.