|About the book|
This book is an adaptation of the successful US text Cost Management by Hilton, Maher and Selto, written specifically for an international audience.
Major improvements include:
|About the authors|
Marc Wouters is Professor of Management Accounting at the Karlsruhe Institute of Technology, Germany. He has previously lectured at the University of Twente, Netherlands.
Frank Selto is Professor at the University of Colorado in Boulder, USA.
Ronald Hilton is Professor of Accounting at Cornell University, USA.
Michael Maher is Professor of Management at the University of California-Davis, USA.
|Table of contents|
PART 1: Setting the Strategic Foundation: The Importance of Analysing and Managing Costs
Cost Management and Strategic Decision Making: Evaluating Opportunities and Leading Change
Product Costing Concepts and Systems
PART 2: Activity-Based Management
Activity-Based Costing Systems
Customer Profitability and Activity-Based Management
Managing Quality and Time to Create Value
PART 3: Planning and Decision Making
Cost Management and Short-Term Decision Making
Strategic Investment Decisions
Budgeting and Financial Planning
PART 4: Product Costing and Cost Allocation
Job and Order Costing
Joint Product and Process Cost Systems
Managing and Allocating Support Service Costs
PART 5: Performance Measurement and Management
Analysis and Management of Cost Variances
Organizational Design, Responsibility Accounting and Evaluation of Divisional Performance
Strategy, Balanced Scorecards, and Incentive Systems