Product details of Cost Accounting: A Managerial Emphasis 15 Edition
Author: Charles T. Horngren, Madhav V. Rajan, Srikant M. Datar
A sharper focus on how companies are simplifying their costing systems with the presentation of value streams and lean accounting.
Provide a solid presentation of accounting hallmarks with a great emphasis on strategy
Features of the text give students a clear picture of accounting:
Exceptionally strong emphasis on managerial uses of cost information.
Clarity and understandability of the text.
Excellent balance in integrating modern topics with traditional coverage.
Emphasis on human behavior aspects.
Extensive use of real-world examples.
Ability to teach chapters in different sequences.
Excellent quantity, quality, and range of assignment material.
Strategy maps are presented as a useful tool to implement the balanced scorecard and a simplified presentation of how income statements of companies can be analyzed from the strategic perspective of product differentiation or cost leadership.
Strategy considerations in the design of activity-based costing systems are covered.
The strategy of preparation of budgets is included.
The strategy involved in decision-making is comprehensively covered.
Opening Vignettes. Each chapter opens with a vignette on a real company situation. The vignettes get students engaged in a business situation, or dilemma, illustrating why and how the concepts in the chapter are relevant in business.
Concepts in Action Boxes. Found in every chapter, these boxes cover real-world cost accounting issues across a variety of industries including automobile racing, defense contracting, entertainment, manufacturing, and retailing.
Streamlined Presentation. The authors continue to simplify and streamline the presentation of various topics in order to make it as easy as possible for a student to learn the concepts, tools, and frameworks introduced in different chapters.
The text that defined the cost accounting market. Horngren’s Cost Accounting defined the cost accounting market and continues to innovate today by consistently integrating the most current practice and theory into the text.