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Practical Cost Management Accounting
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Book Synopsis Cost Management and Control in Government by : Dale R. Geiger
Download or read book Cost Management and Control in Government written by Dale R. Geiger and published by Business Expert Press. This book was released on 2011-06-19 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government organizations spend enormous amounts of money. They employ a large percentage of the work force. They have an undeniably huge impact on the national economy and wealth. Yet they are, for the most part, unmanaged. What passes for management is a combination of oversight and audit. Oversight is primarily reactive: offering negative feedback for failures and demanding additional rules and regulations to prevent reoccurrences. Audits look for "bright line" discrepancies and clear violations to those rules and regulations. Government operations are often criticized for "waste and mismanagement."Yet the current situation, unfortunately, can best be described as one of "un-management" rather than "mis-management." Government can run better. The purpose of this book is to look at how government can move from "rule driven" to "leadership driven" management. Specifically, it will document and discuss specific examples of successful cost informed decision making and cost management and control in government. It will also delineate the requirements of such success and explore the special needs of transforming the management culture of government from its well embedded past practices to a new paradigm of leadership driven 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.
Book Synopsis Practical Cost and Management Accounting by : Geoffrey Knott
Download or read book Practical Cost and Management Accounting written by Geoffrey Knott and published by . This book was released on 1987 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Practical Cost & Management Accounting by : S.Kr.Paul
Download or read book Practical Cost & Management Accounting written by S.Kr.Paul and published by New Central Book Agency. This book was released on with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost Accounting and Financial Management for Construction Project Managers by : Len Holm
Download or read book Cost Accounting and Financial Management for Construction Project Managers written by Len Holm and published by Routledge. This book was released on 2018-09-03 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proper cost accounting and financial management are essential elements of any successful construction job, and therefore make up essential skills for construction project managers and project engineers. Many textbooks on the market focus on the theoretical principles of accounting and finance required for head office staff like the chief financial officer (CFO) of a construction firm. This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost accounting and construction project management from the construction management practitioner’s perspective. Following a complete accounting cycle, from the original estimate through cost controls to financial close-out, the book makes use of one commercial construction project case study throughout. It covers key topics like financial statements, ratios, cost control, earned value, equipment depreciation, cash flow, and pay requests. But unlike other texts, this book also covers additional financial responsibilities such as cost estimates, change orders, and project close-out. Also included are more advanced accounting and financial topics such as supply chain management, activity-based accounting, lean construction techniques, taxes, and the developer’s pro forma. Each chapter contains review questions and applied exercises and the book is supplemented with an eResource with instructor manual, estimates and schedules, further cases and figures from the book. This textbook is ideal for use in all cost accounting and financial management classes on both undergraduate and graduate level construction management or construction engineering programs.
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.
Book Synopsis Cents of Mission by : Dale R. Geiger
Download or read book Cents of Mission written by Dale R. Geiger and published by Business Expert Press. This book was released on 2015-08-06 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written as a novel, Cents of Mission follows Luis as he struggles with the problems of many people and organizations today: the lack of fiscal resources. Watch him as he seeks practical advice and learns how to attack these problems with practical, military style command and control. See how learning, cost informed decision making, creativity, and continuous improvement become powerful forces for improving cost effectiveness and achieving life and professional goals.
Book Synopsis Cost and Management Accounting by : Duncan Williamson
Download or read book Cost and Management Accounting written by Duncan Williamson and published by . This book was released on 1996 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text explains and illustrates the principle accounting techniques involved in the production of cost information, and their application to a broad range of managerial decision-making, planning and control activities, coupled with a critical evaluation of the underlying concepts and contemporary issues. By embracing both the practical and theoretical strands of management accounting systems, the text provides descriptive and analytical coverage, and includes a teaching and assessment features.
Book Synopsis Strategic Cost Transformation by : Reginald Tomas Lee
Download or read book Strategic Cost Transformation written by Reginald Tomas Lee and published by Business Expert Press. This book was released on 2018-12-06 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making. Your product costs $2.86 to make. What does the number tell you about your operations, how effectively they were run, demand, or how much money you spent on capacity? Nothing. Shouldn’t you know? Accounting information creates a limited picture of operations and true cash performance. Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making.
Book Synopsis Management Accounting and Control by : Michel Charifzadeh
Download or read book Management Accounting and Control written by Michel Charifzadeh and published by John Wiley & Sons. This book was released on 2017-10-30 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management accounting has been the basic toolbox in business administration for decades. Today it is an integral part of all curricula in business education and no student can afford not to be familiar with its basic concepts and instruments. At the same time, business in general, and management accounting in particular, is becoming more and more international. English clearly has evolved as the "lingua franca" of international business. Academics, students as well as practitioners exchange their views and ideas, discuss concepts and communicate with each other in English. This is certainly also true for management accounting and control. Management Accounting is becoming more and more international. ?Management Accounting and Control? is a new textbook in English covering concepts and instruments of management accounting at an introductory level (primarily at the Bachelor level, but also suited for general management and MBA courses due to a strong focus on practical relevance). This textbook covers all topics that are relevant in management accounting in business organizations that are typically covered in German and Central European Bachelor courses on management accounting and control. After a general introduction to the field of management accounting and control the book discusses cost management as an extension of cost accounting. Typical cost management instruments such as target costing, life cycle costing and process-based costing approaches are explained in detail. Differences between Anglo-American activity-based costing (ABC) and German process-based costing are highlighted. The book then turns to an extensive discussion of planning and budgeting tasks in management accounting with a strong focus on the practical application of the topic such as developing a budget in practice. Another chapter is dedicated to a comparison of traditional budgeting with modern /alternative budgeting approaches. A major part of the book is dedicated to the broad area of performance management. The relevance of financial statement information for performance management purposes is discussed in detail. In addition, the most widely spread financial performance indicators are illustrated using real-world examples. The book also includes detailed content on value-based management control concepts. In a consecutive chapter, performance measurement is linked with strategy while extensively discussing the Balanced Scorecard as a key tool in strategic performance management. The remaining parts of the book deal with management reporting as one of the main operative tasks in management accounting practice. The book closes with insight into new fields and developments that currently influence management accounting practices and research and promise to play an increasingly important role in the future.
Book Synopsis Basic Principles of Cost and Management Accounting by : G. S. Le Roux
Download or read book Basic Principles of Cost and Management Accounting written by G. S. Le Roux and published by Juta and Company Ltd. This book was released on 2003 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook focuses on providing students with the theoretical background required to master the subject systematically and the necessary practical information, examples, exercises and case studies to enable them to translate their theoretical knowledge into practical application.
Book Synopsis The Routledge Companion to Cost Management by : Falconer Mitchell
Download or read book The Routledge Companion to Cost Management written by Falconer Mitchell and published by Routledge. This book was released on 2013-08-22 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two decades, cost management has been an area of dynamic change and development. This is evident in the extensive inventory of new, high-profile techniques that have emerged. With cost management now firmly established as a distinct sub-discipline within management accounting, The Routledge Companion to Cost Management is a timely reference volume covering both practical developments and research in this area. Topics covered include: Cost control issues Cost analysis and decision making Cost management systems Environmental cost management With chapters from an international team of contributors, this prestigious companion will prove an indispensible addition to any library with aspirations of keeping up-to-date with the world of accounting.
Book Synopsis Cost and Management Accounting 1 Tutorial Workbook by : Pieter J.W. Pelle
Download or read book Cost and Management Accounting 1 Tutorial Workbook written by Pieter J.W. Pelle and published by Juta and Company Ltd. This book was released on 2002-02 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to provide practical exercises to give students the practice they need to make them proficient in the cost and management accounting arena. A wide variety of questions covering the different syllabi of elementary courses at tertiary institutions has been incorporated.
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?
Book Synopsis Cost Management-Theory and Practice by : Prakash B. Yaragol
Download or read book Cost Management-Theory and Practice written by Prakash B. Yaragol and published by . This book was released on 2020-03-07 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book captures an entire spectrum of Cost Management precisely and is organized into eight chapters described below.Chapter-1 An Overview of Cost Management: The purpose of this chapter is to familiarize the reader with the basic aspects of cost management such as costing, cost accounting, cost management, difference between financial and cost accounting, classification of cost, objectives, various methods and techniques of cost accounting, preparation of cost sheet including job and batch cost sheet. Chapter-2 Process Costing: This chapter covers preparation of process account, process losses and gains and accounting treatment of process losses and gains, accounting treatment of joint and by-products, valuation of work-in-process.Chapter-3 Overhead Distribution: This chapter covers classification of overheads, apportionment of common overheads among various cost centers, re-apportionment of overheads under various methods with their merits and demerits. It also covers absorption of overheads under different methods, overhead variance and different methods of accounting treatment of overhead variance. Chapter-4 Marginal Costing: The purpose of this chapter is to familiarize the reader with various aspects of marginal costing and its applications. Marginal costing as an improvement over absorption costing, Various marginal costing techniques such as contribution margin, P/V ratio, breakeven point, P/V Graph and margin of safety are discussed and illustrated. Applications of marginal costing technique in various managerial decisions such as limiting factor analysis, make/buy decision, decision on alternative methods of production, shut-down decision, accept/reject decision and optimum product/sales mix are discussed and illustrated. It also discusses point of indifference cost, cash BEP, composite BEP and differential cost analysis.Chapter-5 Budgetary Control: This chapter covers types of budgets including Zero-based budget, objectives, merits and demerits of budgets, preparation of different operational budgets and flexible budgets. Chapter-6 Standard Costing and Variance Analysis: This chapter covers standard costing and its objectives, advantages and disadvantages, steps in standard costing and variance analysis and various types of variances. Chapter-7 Activity Based Costing (ABC):. This chapter covers important steps involved in implementation of ABC, cost activities, types of activities, cost drivers, activity cost pool and its different types, pre-requisites for effective implementation of ABC and merits and demerits of ABC.Chapter-8 Misc. Topics: The purpose of this chapter is to familiarize the reader with various allied aspects of cost management such as management reporting, segmental reporting, cost control and cost reduction, cost and management audit, target costing, life cycle costing and Balanced Score Card.The book has grown out of lecture notes and other materials prepared and updated for the MBA degree of various universities for the last few years. Hence, the book is sure to help the students of MBA, M.Com, MFA, MIB, BBM, B.Com. etc. who wish to study Cost Management as a part of their specialization in the area of finance. Readers are requested to mail the suggestions or corrections if any in the book to [email protected]
Book Synopsis Cost and Management Accounting by : Jill Collis
Download or read book Cost and Management Accounting written by Jill Collis and published by Red Globe Press. This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of cost and management accounting is to provide managers with information which helps them to control, plan and make decisions. This book covers the basic principles and techniques including methods and procedures. Sample questions from CIMA papers (stages 1
Book Synopsis A Textbook of Cost and Management Accounting, 10th Edition by : Arora M.N.
Download or read book A Textbook of Cost and Management Accounting, 10th Edition written by Arora M.N. and published by Vikas Publishing House. This book was released on 2012 with total page 1147 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Textbook of Cost and Management Accounting provides the students with thorough grounding in cost concepts, cost behaviour and methods, and techniques of cost and management accounting with an understanding of the uses and limitations of cost and financial data for managerial operations. The text of the subject matter has been presented in a student-friendly, simple and intelligible manner. Every discussion involving conceptual complexity is immediately illustrated by a numerical example. In addition, the book contains a liberal sprinkling of charts and diagrams so as to make the subject easily understandable and highlight its finer points. The subject matter has been organized on ‘first things first’ basis for its logical presentation that sustains interest. The approach of the book is examination oriented. Thus, a good number of problems and solutions have been included in its chapters. Theoretical and numerical questions have been mostly selected from various examinations. Objective type questions have been given to serve as self test by students. This is an ideal book for self study. New to this edition • All chapters thoroughly revised • Latest information on Cost Accounting Standards (CAS) issued by the Institute of Cost Accountants of India (ICAI) • Chapter on ‘Miscellaneous Topics’ made more contemporary by including some new sub-topics, and thus re-named ‘Advanced Cost Management Techniques’ • Revision and augmentation of practical problems
