Cost Management: A Strategic Emphasis, by Blocher/Chen/Cokins/Lin is the first cost accounting text to offer integrated coverage of strategic management topics in cost accounting. The text is written to help students understand more about management and the role of cost management in helping a firm or organization to succeed. This text aims to teach management concepts and methods, and how managers use cost management information to make better decisions and improve their company's competitiveness. In teaching these key management skills, the text takes on a strategic focus. It uncovers issues such as: how does a firm compete? What type of cost management information is needed for a firm to succeed? and How does the management accountant develop and present this information? This text helps students learn why, when, and how cost information is used to make effective decisions that lead a firm to success.
Over the last two decades, cost management has been an area of dynamic change and development. This is evident in the extensive inventory of new, high-profile techniques that have emerged.
Improve the accuracy of project estimates and make better in-progress modifications by following the discipline-independent approach mapped out in this book.
Oliver lucidly explains how financial information--especially information relating to costs--is generated and reported in today's service and manufacturing organizations.
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.
This practical and informative text demonstrates the importance of the relationship between a physically lean enterprise and accounting.
Improve the accuracy of project estimates and make better in-progress modifications by following the discipline-independent approach mapped out in this book.
Aiming to bridge the gap between the quantitative viewpoint of management science and the practical, day-to-day needs of project cost management, this text offers coverage of an integrated cost management programme.
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 ...
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.
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 ...