Cost Accounting: A Managerial Emphasis eBook (2e) : 9781442563483

Cost Accounting: A Managerial Emphasis eBook (2e)

 
Edition
 
2nd
ISBN
 
9781442563483
ISBN 10
 
1442563486
Published
 
05/11/2013
Published by
 
Pearson Australia
Pages
 
Format
 
A Course ID may be required to activate this product. A Course ID is not the same as your unit/course code and should be provided by your course lecturer.
 
Title type
eBook
$50.00
 
 
 
Description

The full text downloaded to your computer

With eBooks you can:

  • search for key concepts, words and phrases
  • make highlights and notes as you study
  • share your notes with friends

eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps.

Upon purchase, you will receive via email the code and instructions on how to access this product.

Time limit

The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

Success in Management Accounting starts here!
The technical details you need to know and decision making processes you need to understand, with plain language explanations and engaging Australian and international business examples.
 
This Australian adaptation of the highly successful US text Cost Accounting features a high-calibre author team of world leaders in the development of contemporary cost accounting and high standards of technical accuracy.  
 
The new second edition builds on the success of the first edition with a streamlined Table of Contents and by expanding on current social and environmental issues for business. 'Sustainability in Action' features in many relevant chapters outline Australian airline QANTAS and their efforts to improve sustainability, demonstrating the connection between cost accounting concepts.
 
Cost Accounting is complemented by an unparalleled resource package which includes videos, learning resources mapped to AACSB standards and MyAccountingLab.
 
Table of contents
  • 1 Management accounting in context
  • 2 An introduction to costs terms and inventory costing
  • 3 Determining how costs behave
  • 4 Cost–volume–profit analysis
  • 5 Product and service costing
  • 6 Activity-based costing and activity-based management
  • 7 Cost management, capacity costing and capacity management
  • 8 Decision making and relevant information
  • 9 Allocation of support-department costs, common costs and revenues
  • 10 Master budget and responsibility accounting
  • 11 Flexible budgets, direct-cost variances and management control
  • 12 Flexible budgets, overhead cost variances and management control
  • 13 Allocation of support-department costs, common costs and revenues
  • 14 Measuring and reporting sustainability
  • 15 Strategy, balanced scorecard and strategic profitability analysis
  • 16 Balanced scorecard: quality, time and the theory of constraints
  • 17 Inventory management, just-in-time and simplified costing methods
  • 18 Capital budgeting and cost analysis
  • 19 Management control systems, transfer pricing and multinational considerations
  • 20 Performance measurement, compensation and multinational considerations
New to this edition
-       A greater emphasis on integrating sustainability into traditional cost management techniques, with calculative examples and questions to illustrate those connections.
-       An integrated case study featuring Australian airline QANTAS and their efforts to improve sustainability are used to demonstrate this connection.
-       Refined chapter sequence in response to feedback from users. Determining how costs behave (chapter 3) precedes cost-volume-profit analysis (now chapter 4) to provide a foundation for cost behaviour before dealing with it. Decision-making and relevant information (chapter 8) has been moved from its earlier placing so that students can apply knowledge to these decisions that they have acquired from earlier chapters. Allocation of support department costs, common costs and revenues (chapter 13) has been moved to facilitate the flow of earlier chapters;
Some chapters have been restructured and streamlined (for example, Chapter 12 presents a streamlined discussion of overhead variances.
-       Up-to-date – all chapter content has been reviewed and revised where required and includes the latest Australian Accounting Standards.
-       New end-of-chapter questions, exercises and problems to all chapters and a re-work of many of those that have been retained.
-       Increased emphasis on the service sector. Several concepts in action boxes focus on the service sector.
Features & benefits
·         Exceptionally strong emphasis on managerial uses of cost information.
·         A writing style which is clear and understandable.
·         Excellent balance in integrating modern topics with existing content.
·         Focus on Decision making and Human Behavioural Aspects. The text framework helps students see how the demand for various types of management accounting information is a response to the decision-making needs and psychology of managers. Serves as a structure for discussing many management accounting concepts in later chapters.
·         Extensive use of real-world examples. Real company vignettes open each chapter. The vignettes engage the reader in a business situation, or dilemma, illustrating why and how the concepts in the chapter are relevant in business. Concepts in action boxes cover real-world cost accounting issues across a variety of industries from Australia and internationally.
·         Explaining the rational and principles of sustainability (Chapter 14) which provides the basis for considering the importance of social and environmental issues behind various strategic and operational decisions.
·         'Sustainability in action' boxes occur in most chapters and show how integral sustainability issues are in cost and management accounting decisions in various organisations across Australia and internationally.
·         Incorporates new and cutting-edge management thinking, including activity-based management, integrated approach to variance analysis, lean accounting and levels of control.
 
 
Author biography
Charles T. Horngren is the Edmund W. Littlefield Professor of Accounting, Emeritus, at Stanford University. A graduate of Marquette University, he received his MBA from Harvard University and his
PhD from the University of Chicago. He is also the recipient of honorary doctorates from Marquette University and DePaul University. A certified public accountant, Horngren served on the Accounting Principles Board for six years, the Financial Accounting Standards Board Advisory Council for five years and the Council of the American Institute of Certified Public Accountants for three years. For six years, he served as a trustee of the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Government Accounting Standards Board. Horngren is a member of the Accounting Hall of Fame. A member of the American Accounting Association, Horngren has been its President and its Director of Research. He received its first Outstanding Accounting Educator Award. The California Certified Public Accountants Foundation gave Horngren its Faculty Excellence Award and its Distinguished Professor Award. He is the first person to have received both awards. The American Institute of Certified Public Accountants presented its first Outstanding Educator Award to Horngren. Horngren was named Accountant of the Year, Education, by the national professional accounting fraternity, Beta Alpha Psi. Professor Horngren is also a member of the Institute of Management Accountants, from whom he received its Distinguished Service Award. He was also a member of the Institutes’ Board of Regents, which administers the Certified Management Accountant examinations. Horngren is the author of other accounting books published by Prentice Hall: Introduction to Management Accounting, 15th edn (2011, with Sundem and Stratton); Introduction to Financial Accounting, 10th edn (2011, with Sundem and Elliott); Accounting, 8th edn (2010, with Harrison and Bamber); and Financial Accounting, 8th edn (2010, with Harrison). Horngren is the Consulting Editor for the Charles T. Horngren Series in Accounting. Srikant M. Datar is the Arthur Lowes Dickinson Professor of Business Administration and Senior Associate Dean at Harvard University. A graduate with distinction from the University of Bombay, he received gold medals upon graduation from the Indian Institute of Management, Ahmedabad, and the Institute of Cost and Works Accountants of India. A Chartered Accountant, he holds two masters degrees and a PhD from Stanford University. Cited by his students as a dedicated and innovative teacher, Datar received the George Leland Bach Award for Excellence in the Classroom at Carnegie Mellon University and the Distinguished Teaching Award at Stanford University.

Srikant M. Datar is the Arthur Lowes Dickinson Professor of Business Administration and Senior Associate Dean at Harvard University. A graduate with distinction from the University of Bombay, he received gold medals upon graduation from the Indian Institute of Management, Ahmedabad, and the Institute of Cost and Works Accountants of India. A Chartered Accountant, he holds two masters degrees and a PhD from Stanford University. Cited by his students as a dedicated and innovative teacher, Datar received the George Leland Bach Award for Excellence in the Classroom at Carnegie Mellon University and the Distinguished Teaching Award at Stanford University.Datar has published his research in leading accounting, marketing and operations management journals, including The Accounting Review, Contemporary Accounting Research, Journal of Accounting, Auditing and Finance, Journal of Accounting and Economics, Journal of Accounting Research and Management Science. He has also served on the editorial board of several journals and presented his research to corporate executives and academic audiences in North America, South America, Asia, Africa, Australia and Europe. Datar is a member of the board of directors of Novartis A.G., ICF International, KPIT Cummins Infosystems Ltd, Stryker Corporation and Harvard Business Publishing, and has worked with many organisations, including Apple Computer, AT&T, Boeing, Du Pont, Ford, General Motors, HSBC, Hewlett-Packard, Morgan Stanley, PepsiCo,, TRW, Visa and the World Bank. He is a member of the American Accounting Association and the Institute of Management Accountants.

Madhav V. Rajan is the Gregor G. Peterson Professor of Accounting and Senior Associate Dean at Stanford University. From 2002-2010, he was the area coordinator for accounting at Stanford’s
Graduate School of Business. Rajan received his undergraduate degree in Commerce from the University of Madras, India, and his MS in Accounting, MBA and PhD degrees from the Graduate School of Industrial Administration at Carnegie Mellon University. In 1990, his dissertation won the Alexander Henderson Award for Excellence in Economic Theory. Rajan’s primary area of research interest is the economics-based analysis of management accounting issues, especially as they relate to internal control cost allocation, capital budgeting quality manage-ment, supply chain and performance systems in firms. He has published his research in leading accounting and operations management journals, including The Accounting Review, Review of Financial Studies, Journal of Accounting Research and Management Science. In 2004, he received the Notable Contribution to Management Accounting Literature award. Rajan has served as the Department Editor for Accounting at Management Science, as well as associate editor for both the accounting and operations areas. From 2001 to 2008, Rajan served as editor of The Accounting Review. He is also currently an associate editor for the Journal of accounting, Auditing and Finance. Rajan is a member of the management accounting section of the American Accounting Association and has twice been a plenary speaker at the AAA Management Accounting Conference. Rajan has won several teaching awards at Wharton and Stanford, including the David W. Hauck Award, the highest undergraduate teaching honour at Wharton. Rajan has taught in a variety of executive education programs, including the Stanford Executive Program, the National Football League for Managers, and the National Basketball Players Association Program, as well as custom programs for firms including nVidia, Genentech and Google.
 
Monte Wynder is an Associate Professor in Accounting at the University of the Sunshine Coast. Monte received his undergraduate degrees from the University of Southern Queensland and Queensland University, his masters and PhD from the University of New South Wales, and a Graduate Certificate in Education from the University of Newcastle. He is a Fellow of CPA Australia and he has received a number of teaching awards, including an Australian Learning and Teaching Citation for outstanding contribution to student learning. Monte’s research interests include accounting education, factors influencing student retention in business faculties, and behavioural issues in management accounting. He has published in Accounting Education: An International Journal, Asian Review of Accounting, Accounting and Finance, Journal of Accounting Education and Australian Journal of Education.
 
William Maguire is a Senior Lecturer in Management Accounting at the University of Tasmania. William holds a Bachelor of Commerce from the University of Natal at Durban, a Master of Business
Leadership from the University of Cape Town and a PhD from the University of Cape Town. He is a chartered accountant who has more than 30 years’ experience as an accounting academic, previous
to which he worked in professional accounting, commerce and industry. William’s teaching, research and consulting activities span strategy, management accounting and financial management. He has held posts at nine tertiary institutions, including four visiting appointments. He received an award for innovation in teaching at the University of Auckland and is a past editor of the New Zealand Journal of Applied Business Research. He has co-authored two other textbooks and a book on revenue and Cost management and he has published in a number of journals including Integrated Manufacturing Systems, Journal of Cost Management, Qualitative Research in Accounting & Management, Managerial Auditing Journal, South African Journal of Accounting Research and South African Journal of Business Management.
 
Rebecca Tan is a Senior Lecturer in Accounting at the School of Accounting and Business Information Systems of the Australian National University. She is a CPA and received her PhD from Murdoch University. Rebecca has taught financial and management accounting courses at both undergraduate and postgraduate level since starting in academia at the ANU in 2003. Her research focuses on teamwork in accounting education, accounting policy choices in the financial accounting and reporting area, sustainability reporting, as well as organisational behaviour research. Her publications
have appeared in journals such as International Journal of Accounting, Australian Accounting Review and Asian Review of Accounting. Rebecca is also co-author of Accounting has authored and
co-authored sixteen MYOB Accounting Practice Sets.
Access Code info.

To get the most out of your eBook you need to download the Bookshelf software. This software is free to download and use. Click here to view the Bookshelf system requirements.

Upon purchase, you will receive instructions via email, on how to redeem your code and download this eBook.