Cost Management : A Strategic Emphasis with Online Learning Center with PW Card

by Blocher, Edward J.; Chen, Kung H.; Cokins, Gary; Lin, Thomas

• ISBN13: 9780072954197
• ISBN10: 0072954191
• Edition: 3rd
• Format: Hardcover
• Copyright: 2004-02-02
• Publisher: McGraw-Hill/Irwin

Summary

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? 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.

Table of Contents

Part One: Introduction to Cost Management

1. Cost Management and Strategy

2. Implementing Strategy: The Balanced Scorecard and the Value Chain

3. Basic Cost Concepts

4. Job Order Costing

5. Activity-Based Costing and Management

Part Two: Planning and Decision Making

6. Cost Elimination

7. Cost-Volume-Profit Analysis

8. Strategy and the Master Budget

9. Decision Making with Relevant Costs and a Strategic Emphasis

10. Cost Planning for the Product Life Cycle: Target Costing, Theory

Part Three: Process Costing and Cost Allocation

11. Process Costing

12. Cost Allocation: Service Departments and Joint Product Costs

Part Four: Operational Control

The Flexible Budget and Standard Costing: Direct Materials and Direct Labor

14. Standard Costing: Factory Overhead

15. Productivity, Marketing Effectiveness, and Strategic Profitability Analysis

16. Total Quality Management

Part Five: Management Control

17. Management Control and Strategic Performance Measurement

18. Strategic Investment Units and Transfer Pricing

Part Six: Advanced Topics in Cost Management

19. Management Compensation and Business Valuation

20. Capital Budgeting