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Cost Accounting Principles, ninth edition, provides in-depth coverage of current cost management concepts and procedures in a straightforward and reader-friendly framework. The clean, concise presentation of materials and the updated illustrations reinforce and clarify the topics that readers traditionally struggle with most. In addition, real-world examples and ethical coverage are woven into the text so readers immediately see the relevance of the cost accountant`s role in managerial decisions and learn to go beyond the numbers and think critically.
Key Features:
Leading streamlined, student-friendly approach: Recognized for its unmatched readability, the book`s thought-provoking writing keeps concepts intriguing and easy to comprehend. The solid blend of concepts and practices will help students clearly understand how to solve actual business problems.
Updated illustrations and real-world examples appeal to today`s students and clearly exemplify the chapters concepts. These examples are integrated throughout the main body of the text in order to connect today’s business world with the classroom experience immediately. New discussions of green accounting, where applicable, expose students to developing areas of accounting they may encounter in business.
Developing ethical business leaders: The need for students to analyze business situations and make informed, ethical decisions is essential in today`s business world. Cost Accounting Principles, ninth edition, International Edition weaves ethical considerations throughout the chapter so that students learn to think consistently of the ethical implications of their actions. Potential Ethical Issues at the end of the chapter emphasize dilemmas students may encounter in business and exercises and problems involving ethical considerations are marked with an ethics icon.
Comprehensive Review Modules: Comprehensive Review Modules for each chapter ensure students mastery of concepts through succinct chapter summaries, potential ethical issues, solution strategies highlighting key equations and concepts and demonstration problems that students can use as a framework for solving similar examples in homework assignments or exams. These modules reinforce the critical concepts from the chapter and show how to apply them.
High-quality end-of-chapter assignments: Students practice accounting skills with a wide array of assignment types, including Internet research exercises, group activities, writing assignments, ethical problems and Excel® template activities. Questions test basic chapter comprehension, exercises offer quick concept checks and problems delve deeper into the concepts, testing students retention of critical topics and procedures.
Table of Contents:
Introduction to Cost Accounting
Cost Terminology and Cost Behaviors
Predetermined Overhead Rates, Flexible Budgets and Absorption/Variable Costing
Activity-Based Management and Activity-Based Costing
Job Order Costing
Process Costing
Standard Costing and Variance Analysis
The Master Budget
Break-Even Point and Cost-Volume Profit Analysis
Relevant Information for Decision Making
Allocation of Joint Costs and Accounting for By-Products
Introduction to Cost Management Systems
Responsibility Accounting and Transfer Pricing
Performance Measurement, Balanced Scorecards and Performance Rewards
Capital Budgeting
Managing Costs and Uncertainty
Implementing Quality Concepts
Inventory and Production Management
Emerging Management Practices
Appendix A Present Value TablesISBN - 9788131521069
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Pages : 848
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