Title type

Horngren's Cost Accounting: A Managerial Emphasis (3e)

By Charles Horngren, Srikant M. Datar, Madhav V. Rajan, William Maguire, Rebecca Tan
In stock
Product is in stock and will be despatched within 1-2 working days.
 Add to shortlist
Published date


Contemporary management accounting with Australian examples to bring the content alive for students.

This edition prepares students for the rewards and challenges they might face in professional management accounting world through the development of analytical skills, values and behaviours that make management accountants effective in the workplace.

It provides a decision-making framework and demonstrates how the analytical tools that students will learn prepare them to contribute to an organisation’s success.

Maintaining an Australian flavour within a global context it focuses on how management accounting helps managers to make better decisions.

MyLab Accounting can be packaged with this edition to engage students and allow them to test their understanding while developing their problem-solving, analytical, critical thinking, and decision-making skills.

Product details
Published date
Published by
Pearson Australia
Table of contents
  • Chapter 1 Management accounting in context
  • Chapter 2 Different costs for different purposes
  • Chapter 3 Determining how costs behave
  • Chapter 4 Cost–volume–profit analysis
  • Chapter 5 Estimating the costs of producing services
  • Chapter 6 Estimating the costs of products and inventory
  • Chapter 7 Target costing, managing activities and managing capacity
  • Chapter 8 Activity-based management and activity-based costing
  • Chapter 9 Pricing and customer profitability
  • Chapter 10 Decision making and relevant information
  • Chapter 11 Budgeting, management control and responsibility accounting
  • Chapter 12 Flexible budgets, direct cost variances and management control
  • Chapter 13 Flexible budgets, overhead cost variances and management control
  • Chapter 14 Allocation of support-department cost, common costs and revenues
  • Chapter 15 Strategy formation, strategic control and the balanced scorecard
  • Chapter 16 Quality, time and the balanced scorecard
  • Chapter 17 Inventory management, just-in-time and simplified costing methods
  • Chapter 18 Capital budgeting and cost analysis
  • Chapter 19 Management control systems, transfer pricing and multinational considerations
  • Chapter 20 Performance measurement, compensation and multinational considerations
  • Chapter 21 Measuring and reporting sustainability

Download the detailed table of contents >

New to this edition
  • Revised chapter sequence with improved coverage of costing in the service industry
  • New vignettes and Concepts in Action features cover real-world cost accounting issues and dilemmas
  • New and revised end-of-chapter questions, exercises and problems

MyLab Accounting can be packaged with this edition to engage students and allow them to test their understanding while developing their problem-solving, analytical, critical thinking, and decision-making skills.

New in MyLab Accounting:

  • NEW! Excel Projects - The easy way to assign and grade real world Excel homework, check competence and prepare students for the workplace. Students are given instructions and an Excel starting data file. Once they have performed various financial calculations they can upload the file for auto-grading.
Features & benefits
  • Learning objectives open each chapter and outline the key concepts to be covered. They are then signposted in the margins to indicate where a particular objective is covered.
  • Decision points are included throughout the chapters so that students can check their progress towards achieving the learning objectives.
  • Framework for decision making in the form of a five-step guide to decisions features in chapter 1 and in most of the subsequent chapters. It illustrates the way in which managers might use management accounting information for various decisions
  • Real company vignettes open each chapter. The vignettes engage the reader in a business situation, or a dilemma, illustrating why and how the concepts in the chapter are relevant in business.
  • Concepts in action features cover real-world cost accounting issues across a variety of industries in Australia and internationally
  • Sustainability in action features occur in most chapters and show how integral sustainability issues are to cost and management accounting.
  • Try it interactive questions give students the opportunity to apply a concept they have just learned. Solutions are given at the end of each chapter
Author biography

About the Australian authors

William Maguire is Adjunct Senior Lecturer in Management Accounting at the Tasmanian School of Business and Economics, University of Tasmania. William holds a Bachelor of Commerce and a Certificate in the Theory of Accountancy from the University of Natal at Durban, a Master of Business Leadership from the University of South Africa and a PhD from the University of Cape Town. He is a chartered accountant with more than 40 years of experience as an accounting academic, prior to which he worked in professional accounting, commerce and industry.

He has held posts at nine tertiary institutions, including four visiting appointments. William’s teaching, research and consulting activities span strategy, capacity management, management control systems, and revenue and costing systems at undergraduate and postgraduate levels.

He has published in a number of journals, including Accounting & Finance, 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, and has presented at many conferences, both academic- and practitioner-oriented. He has co-authored two other textbooks and a book on revenue management. William 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.

Rebecca Tan FCPA, CA is a Senior Lecturer in Accounting at the Research School of Accounting of the Australian National University (ANU). She 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 and organisational behaviour research. Her publications have appeared in journals such as Accounting, Auditing & Accountability Journal, International Journal of Accounting, Australian Accounting Review
and Asian Review of Accounting. Rebecca is also co-author of Accounting and has authored and co-authored 16 MYOB Accounting Practice Sets.

About the US authors

Srikant M. Datar is the Arthur Lowes Dickinson Professor of Business Administration at the Harvard Business School, Faculty Chair of the Harvard University Innovation Labs, and Senior Associate Dean for University Affairs. 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 master’s degrees and a PhD from 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 served as an associate editor and on the editorial board of several journals and has presented his research to corporate executives and academic audiences in North America, South America, Asia, Africa, Australia and Europe. He is a co-author of two other books: Managerial Accounting: Making Decisions and Motivating Performance and Rethinking the MBA: Business Education at a Crossroads.

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 is a member of the board of directors of Novartis A.G., ICF International, T-Mobile US and Stryker Corporation, and Senior Strategic Advisor to HCL Technologies. He has worked with many organisations, including Apple Computer, Boeing, DuPont, Ford, General Motors, Morgan Stanley, PepsiCo, 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 Robert K. Jaedicke Professor of Accounting at Stanford University’s Graduate School of Business (Stanford GSB). He is also Professor of Law (by courtesy) at Stanford Law School. From 2010 to 2016, he was Senior Associate Dean for Academic Affairs and head of the MBA program at Stanford GSB. In 2017, he will receive the Davis Award for Lifetime Achievement and Service to Stanford GSB.

Rajan received his undergraduate degree in commerce from the University of Madras, India, and his MS in accounting, MBA, and PhD degrees from Carnegie Mellon University. In 1990, his dissertation won the Alexander Henderson Award for Excellence in Economic Theory. Rajan’s research focuses on the economics-based analysis of management accounting issues, especially as they relate to internal control, capital budgeting, supply-chain and performance systems. He has published his research in a variety of leading journals, including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Management Science and Review of Financial Studies. In 2004 he received the Notable Contribution to Management Accounting Literature award. He is a co-author of Managerial Accounting: Making Decisions and Motivating Performance.

Rajan has served as the Departmental Editor for Accounting at Management Science as well as associate editor for both the accounting and operations areas. From 2002 to 2008, Rajan served as an editor of The Accounting Review. He has twice been a plenary speaker at the AAA Management Accounting Conference.

Rajan has received several teaching honours at Wharton and Stanford, including the David W. Hauck Award, the highest undergraduate teaching award at Wharton. He teaches in the flagship Stanford Executive Program and is co-director of Finance and Accounting for the Nonfinancial Executive. He has participated in custom programs for many companies, including Genentech, Hewlett-Packard and nVidia, and is faculty director for the Infosys Global Leadership Program. Rajan is a director of Cavium, Inc. and iShares, Inc., a trustee of the iShares Trust and a member of the C.M. Capital Investment Advisory Board.

Student supplements
Educator downloads