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Books in Barron’s Business Library Series speak to men and women who are starting a company or managing a small-to-medium-size business. Advice and instruction is geared to daily operations and finding practical solutions for typical problems. Topics discussed in this book include understanding cost concepts, job-order costing, process costing, activity-based costing (ABC), activity-based management (ABM), cost-volume and break-even analysis, budgeting, cost analysis for non-routine decisions, how to make capital budgeting decisions, performance metrics such as the balanced score card, and a variety of cost management tools, including target costing and life-cycle costing. The authors cover all important issues that relate to budgeting and affect company profitability. A helpful appendix presents tables that account for the time value of money, and a glossary gives definitions of specialized cost management terms.
Book Synopsis Modern Cost Management & Analysis by : Jae K. Shim
Download or read book Modern Cost Management & Analysis written by Jae K. Shim and published by Barrons Educational Series. This book was released on 2009-03-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Books in Barron’s Business Library Series speak to men and women who are starting a company or managing a small-to-medium-size business. Advice and instruction is geared to daily operations and finding practical solutions for typical problems. Topics discussed in this book include understanding cost concepts, job-order costing, process costing, activity-based costing (ABC), activity-based management (ABM), cost-volume and break-even analysis, budgeting, cost analysis for non-routine decisions, how to make capital budgeting decisions, performance metrics such as the balanced score card, and a variety of cost management tools, including target costing and life-cycle costing. The authors cover all important issues that relate to budgeting and affect company profitability. A helpful appendix presents tables that account for the time value of money, and a glossary gives definitions of specialized cost management terms.
This study stresses the importance of a product life-cycle approach to cost analysis and cost management, focusing on the manner in which information provided by accountants is used by managers. Techniques discussed include cost tables, cost estimation, activity-based costing and more.
Book Synopsis Contemporary Cost Management by : Takeo Yoshikawa
Download or read book Contemporary Cost Management written by Takeo Yoshikawa and published by Chapman & Hall Medical Books. This book was released on 1993 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study stresses the importance of a product life-cycle approach to cost analysis and cost management, focusing on the manner in which information provided by accountants is used by managers. Techniques discussed include cost tables, cost estimation, activity-based costing and more.
An accessible, practical survey of cost management methods Essentials of Cost Management provides an unbiased survey and explanation of the cost management approaches and methods currently available for immediate application in day-to-day activities. Rather than advocate a particular method, this book assists readers in choosing the best approach or blend of cost management strategies to address specific business problems. The expert authors also discuss cutting-edge topics such as target costing, capacity management, and activity-based costing/management.
Book Synopsis Essentials of Cost Management by : Catherine Stenzel
Download or read book Essentials of Cost Management written by Catherine Stenzel and published by John Wiley & Sons. This book was released on 2003-01-24 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible, practical survey of cost management methods Essentials of Cost Management provides an unbiased survey and explanation of the cost management approaches and methods currently available for immediate application in day-to-day activities. Rather than advocate a particular method, this book assists readers in choosing the best approach or blend of cost management strategies to address specific business problems. The expert authors also discuss cutting-edge topics such as target costing, capacity management, and activity-based costing/management.
Instructs on methods of business budgeting, setting prices of goods and services, calculating profits, and applying cost analysis principles to non-routine business decisions. Emphasis in this series of books is on practical day-by-day business operation and problem solving for men and women starting a company or managing an ongoing small-to-medium-size business. Problems and examples are based on realistic business situations.
Book Synopsis Modern Cost Management and Analysis by : Jae K. Shim
Download or read book Modern Cost Management and Analysis written by Jae K. Shim and published by Barrons Educational Series. This book was released on 2000-08-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Instructs on methods of business budgeting, setting prices of goods and services, calculating profits, and applying cost analysis principles to non-routine business decisions. Emphasis in this series of books is on practical day-by-day business operation and problem solving for men and women starting a company or managing an ongoing small-to-medium-size business. Problems and examples are based on realistic business situations.
An indispensable guide for managers concerned with cost, strategy, and business re-engineering. 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.
Book Synopsis Strategic Cost Management by : John K. Shank
Download or read book Strategic Cost Management written by John K. Shank and published by Simon and Schuster. This book was released on 1993 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable guide for managers concerned with cost, strategy, and business re-engineering. 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.
Controllers recognize that modern cost management helps their companies make better operational and strategic decisions. By using such tools as ABC, ABM, balanced scorecard, and target costing, controllers can make their corporations leaders in their industry and create a competitive edge over corporations that are still relying on the "old time religion" of variance analysis, budgets, and cost-volume profit analysis.
Book Synopsis Guide to Cost Management by : Barry J. Brinker
Download or read book Guide to Cost Management written by Barry J. Brinker and published by John Wiley & Sons. This book was released on 2000-02-07 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controllers recognize that modern cost management helps their companies make better operational and strategic decisions. By using such tools as ABC, ABM, balanced scorecard, and target costing, controllers can make their corporations leaders in their industry and create a competitive edge over corporations that are still relying on the "old time religion" of variance analysis, budgets, and cost-volume profit analysis.
Covers the strategic management topics in cost accounting. This title helps students to understand about the management and the role of cost accounting in helping an organization succeed. It addresses issues such as: How does a firm compete? and What type of cost management information is needed for a firm to succeed?
Book Synopsis Cost Management by : Edward Blocher
Download or read book Cost Management written by Edward Blocher and published by McGraw-Hill Medical Publishing. This book was released on 2010 with total page 961 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers the strategic management topics in cost accounting. This title helps students to understand about the management and the role of cost accounting in helping an organization succeed. It addresses issues such as: How does a firm compete? and What type of cost management information is needed for a firm to succeed?
This book is a comprehensive and authentic textbook for those seeking a thorough understanding of strategic cost management in the modern business environment. It emphasises the importance of cost consciousness in the competitive business world, highlighting its role in the survival and sustainability of business concerns. Structured into 38 well-organised chapters, the textbook discusses traditional and modern cost management techniques, ensuring a broad and updated coverage of the subject matter. Special attention is given to Operations Research, simplifying complex topics like Simulation Modeling, Learning Curve Theory, Assignment Problems, Transportation Problems, Linear Programming, and Network Analysis for easier student comprehension. This book is tailored for students and professionals in higher-level business management courses. It is particularly beneficial for those preparing for M.Com., MBA, MFM, CA, CMA, and CS courses. The Present Publication is the 5th Edition, authored by Ravi M. Kishore, with the following noteworthy features: • [Simple & Lucid Language] The content is presented to simplify complex concepts, making it accessible to students and professionals alike • [Illustrations & Diagrams] The concepts within are elucidated through a multitude of illustrations and diagrams, making complex and advanced subjects more accessible • A significant focus is given to Operations Research, presented in an easy-to-understand manner • [Theory Questions] are included at the end of each chapter to aid in self-testing and reinforce learning • [Practical Problems] Each chapter is fortified with numerous solved practical problems for self-study, enhancing the hands-on learning experience The detailed contents of the book are as follows: • Overview of Strategic Cost Management • Cost Concepts for Decision-Making • Incremental, Relevant and Opportunity Cost Concepts • Activity-Based Cost System • Target Costing • Backflush Accounting and Resource Consumption Accounting • Throughput Accounting • Breakeven and Volume – Cost-Profit Analysis • Application of Marginal Costing Technique • Cost Control Through Standard Costing • Cost Management with Setting Budgets • Product Pricing – Methods and Strategies • Responsibility Accounting and Divisional Profitability • Interdivisional Transfer Pricing • Management of Marketing and Distribution Cost • Productivity Management • Capacity Management • Employee Training, Relocation and Cost of Strike • Pareto Analysis and Theory of Constraints • Just In Time and Lean Manufacturing • Quality Management – Systems and Techniques • Project Life Cycle Costing • Product Life Cycle Costing • Balanced Score Card • Business Process Outsourcing • Benchmarking • Value Chain Analysis • Supply Chain Management • MRP, MRP II and ERP • Management Information Systems • Uniform Costing and Interfirm Comparisons • Cost Audit and Management Audit • Simulation Modelling • Learning Curve Theory • Network Analysis (PERT and CPM) • Assignment Problem • Transportation Problem • Linear Programming • Mathematical Tables
Book Synopsis Taxmann's Strategic Cost Management – Quintessential textbook covering traditional and modern techniques for cost management across 38 chapters blending theoretical and practical learning by : Ravi M Kishore
Download or read book Taxmann's Strategic Cost Management – Quintessential textbook covering traditional and modern techniques for cost management across 38 chapters blending theoretical and practical learning written by Ravi M Kishore and published by Taxmann Publications Private Limited. This book was released on 2024-01-19 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive and authentic textbook for those seeking a thorough understanding of strategic cost management in the modern business environment. It emphasises the importance of cost consciousness in the competitive business world, highlighting its role in the survival and sustainability of business concerns. Structured into 38 well-organised chapters, the textbook discusses traditional and modern cost management techniques, ensuring a broad and updated coverage of the subject matter. Special attention is given to Operations Research, simplifying complex topics like Simulation Modeling, Learning Curve Theory, Assignment Problems, Transportation Problems, Linear Programming, and Network Analysis for easier student comprehension. This book is tailored for students and professionals in higher-level business management courses. It is particularly beneficial for those preparing for M.Com., MBA, MFM, CA, CMA, and CS courses. The Present Publication is the 5th Edition, authored by Ravi M. Kishore, with the following noteworthy features: • [Simple & Lucid Language] The content is presented to simplify complex concepts, making it accessible to students and professionals alike • [Illustrations & Diagrams] The concepts within are elucidated through a multitude of illustrations and diagrams, making complex and advanced subjects more accessible • A significant focus is given to Operations Research, presented in an easy-to-understand manner • [Theory Questions] are included at the end of each chapter to aid in self-testing and reinforce learning • [Practical Problems] Each chapter is fortified with numerous solved practical problems for self-study, enhancing the hands-on learning experience The detailed contents of the book are as follows: • Overview of Strategic Cost Management • Cost Concepts for Decision-Making • Incremental, Relevant and Opportunity Cost Concepts • Activity-Based Cost System • Target Costing • Backflush Accounting and Resource Consumption Accounting • Throughput Accounting • Breakeven and Volume – Cost-Profit Analysis • Application of Marginal Costing Technique • Cost Control Through Standard Costing • Cost Management with Setting Budgets • Product Pricing – Methods and Strategies • Responsibility Accounting and Divisional Profitability • Interdivisional Transfer Pricing • Management of Marketing and Distribution Cost • Productivity Management • Capacity Management • Employee Training, Relocation and Cost of Strike • Pareto Analysis and Theory of Constraints • Just In Time and Lean Manufacturing • Quality Management – Systems and Techniques • Project Life Cycle Costing • Product Life Cycle Costing • Balanced Score Card • Business Process Outsourcing • Benchmarking • Value Chain Analysis • Supply Chain Management • MRP, MRP II and ERP • Management Information Systems • Uniform Costing and Interfirm Comparisons • Cost Audit and Management Audit • Simulation Modelling • Learning Curve Theory • Network Analysis (PERT and CPM) • Assignment Problem • Transportation Problem • Linear Programming • Mathematical Tables
Covering established and emerging areas in the fast changing field of management accounting, this work discusses accounting practices such as budgeting, costing, responsibility accounting and capital investment analysis.
Book Synopsis Contemporary Issues in Management Accounting by : Alnoor Bhimani
Download or read book Contemporary Issues in Management Accounting written by Alnoor Bhimani and published by Oxford University Press. This book was released on 2006 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering established and emerging areas in the fast changing field of management accounting, this work discusses accounting practices such as budgeting, costing, responsibility accounting and capital investment analysis.
Increasing business competition is compelling managers not only to develop realistic and achievable strategies but also to analyze goals in financial terms and to evaluate performance. Whether in manufacturing, service, or the non-profit sector managers need to know the key methods and techniques of cost analysis. The interaction of the organisation's activities, the influences of the external world and the responsibilities of managers need to be captured in financial terms to plan, control and make decisions. Sales managers, production managers, HR managers, amongst others, are recipients of financial information which they are expected to understand. They need to appreciate the impact of their decisions on costs, selling prices, investment decisions and profit. They must be able to analyse, communicate and act on financial information to be a valuable member of the management team. This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that the cost information provided will help them plan and control the activities for which they are responsible and also make strategic decisions in the most effective way. Whether you are in a manufacturing or service organisation, the book will help you to answer the four questions: What did it cost? What should it have cost? How can we improve? What is our next strategic move? No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge of analyzing cost in a strategic context.
Book Synopsis Strategic Cost Analysis by : Roger Hussey
Download or read book Strategic Cost Analysis written by Roger Hussey and published by Business Expert Press. This book was released on 2012-01-24 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing business competition is compelling managers not only to develop realistic and achievable strategies but also to analyze goals in financial terms and to evaluate performance. Whether in manufacturing, service, or the non-profit sector managers need to know the key methods and techniques of cost analysis. The interaction of the organisation's activities, the influences of the external world and the responsibilities of managers need to be captured in financial terms to plan, control and make decisions. Sales managers, production managers, HR managers, amongst others, are recipients of financial information which they are expected to understand. They need to appreciate the impact of their decisions on costs, selling prices, investment decisions and profit. They must be able to analyse, communicate and act on financial information to be a valuable member of the management team. This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that the cost information provided will help them plan and control the activities for which they are responsible and also make strategic decisions in the most effective way. Whether you are in a manufacturing or service organisation, the book will help you to answer the four questions: What did it cost? What should it have cost? How can we improve? What is our next strategic move? No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge of analyzing cost in a strategic context.