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Taxmanns Strategic Cost Management Quintessential Textbook Covering Traditional And Modern Techniques For Cost Management Across 38 Chapters Blending Theoretical And Practical Learning
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Book Synopsis Taxmann's Strategic Cost Management – Quintessential textbook covering traditional and modern techniques for cost management across 38 chapters blending theoretical and practical learning by : Ravi M Kishore
Download or read book Taxmann's Strategic Cost Management – Quintessential textbook covering traditional and modern techniques for cost management across 38 chapters blending theoretical and practical learning written by Ravi M Kishore and published by Taxmann Publications Private Limited. This book was released on 2024-01-19 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive and authentic textbook for those seeking a thorough understanding of strategic cost management in the modern business environment. It emphasises the importance of cost consciousness in the competitive business world, highlighting its role in the survival and sustainability of business concerns. Structured into 38 well-organised chapters, the textbook discusses traditional and modern cost management techniques, ensuring a broad and updated coverage of the subject matter. Special attention is given to Operations Research, simplifying complex topics like Simulation Modeling, Learning Curve Theory, Assignment Problems, Transportation Problems, Linear Programming, and Network Analysis for easier student comprehension. This book is tailored for students and professionals in higher-level business management courses. It is particularly beneficial for those preparing for M.Com., MBA, MFM, CA, CMA, and CS courses. The Present Publication is the 5th Edition, authored by Ravi M. Kishore, with the following noteworthy features: • [Simple & Lucid Language] The content is presented to simplify complex concepts, making it accessible to students and professionals alike • [Illustrations & Diagrams] The concepts within are elucidated through a multitude of illustrations and diagrams, making complex and advanced subjects more accessible • A significant focus is given to Operations Research, presented in an easy-to-understand manner • [Theory Questions] are included at the end of each chapter to aid in self-testing and reinforce learning • [Practical Problems] Each chapter is fortified with numerous solved practical problems for self-study, enhancing the hands-on learning experience The detailed contents of the book are as follows: • Overview of Strategic Cost Management • Cost Concepts for Decision-Making • Incremental, Relevant and Opportunity Cost Concepts • Activity-Based Cost System • Target Costing • Backflush Accounting and Resource Consumption Accounting • Throughput Accounting • Breakeven and Volume – Cost-Profit Analysis • Application of Marginal Costing Technique • Cost Control Through Standard Costing • Cost Management with Setting Budgets • Product Pricing – Methods and Strategies • Responsibility Accounting and Divisional Profitability • Interdivisional Transfer Pricing • Management of Marketing and Distribution Cost • Productivity Management • Capacity Management • Employee Training, Relocation and Cost of Strike • Pareto Analysis and Theory of Constraints • Just In Time and Lean Manufacturing • Quality Management – Systems and Techniques • Project Life Cycle Costing • Product Life Cycle Costing • Balanced Score Card • Business Process Outsourcing • Benchmarking • Value Chain Analysis • Supply Chain Management • MRP, MRP II and ERP • Management Information Systems • Uniform Costing and Interfirm Comparisons • Cost Audit and Management Audit • Simulation Modelling • Learning Curve Theory • Network Analysis (PERT and CPM) • Assignment Problem • Transportation Problem • Linear Programming • Mathematical Tables
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 Taxmann's Cost Accounting – Balanced exposition of theoretical concepts and practical applications to provide a solid foundation in cost accounting principles [B.Com. (Hons.)] by : Dr. Sneh Lata Gupta
Download or read book Taxmann's Cost Accounting – Balanced exposition of theoretical concepts and practical applications to provide a solid foundation in cost accounting principles [B.Com. (Hons.)] written by Dr. Sneh Lata Gupta and published by Taxmann Publications Private Limited. This book was released on 2024-02-07 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive guide to Cost Accounting is designed to introduce readers to the fundamental principles and practical applications of cost accounting, catering specifically to the syllabus requirements of B.Com. (Hons) under the National Education Policy (NEP) at the University of Delhi. The book aims to foster cost awareness among manufacturing enterprises to optimize profits through precise cost ascertainment and efficiency in cost control within a competitive landscape. This book is a valuable resource for commerce and accounting students, including the following: • B.Com. (Hons.) under the New Education Policy (NEP) for the University of Delhi • B.Com. (Hons.) | Paper DSC 4.2 under NEP for the University of Delhi • Non-Collegiate Women's Education Board (NCWEB) • School of Open Learning (SOL) • Various Universities Throughout India This book aims to provide a solid foundation in cost accounting principles while bridging theoretical knowledge with practical problem-solving skills. The Present Publication is the Latest 2024 Edition, authored by Dr Sneh Lata Gupta, with the following noteworthy features: • [Comprehensive Topics Covered as Per NEP] The book discusses a wide range of topics, which include: o Basic Cost Accounting Concepts § Limitations of Financial Accounting § Objectives § Differences Between Cost and Financial Accounting o Advanced Topics § Activity-Based Costing § Single or Output Costing § Job Costing, etc. • [Clear Explanations and Practical Examples] This book aims to ease the complexities of cost accounting in a systematic and coherent manner • [Latest Developments in Various Cost Accounting Standards (CAS)] is included in this book regarding the treatment of cost items and their presentation in the statement of cost • [Practical Approach] With an emphasis on real-world applications, the book includes discussions on material control, inventory systems, labour cost accounting, overhead classification and absorption, and specifics of service costing, among others • [Specialized Topics] including the reconciliation of cost and financial accounts and the nuances of integral and non-integral accounting systems, offering the readers a nuanced analysis of the intricacies of cost accounting frameworks • [Learning Objectives] at the beginning of each chapter to give a broad framework about the topic given in this book • [Charts & Graphs] along with diagrammatic presentations of certain concepts is included in this book to make it more understandable • [Illustrations and Solved Problems] at the end of each chapter is included in this book The detailed contents of the book are as follows: • [Introduction to Cost Accounting] This chapter begins with an overview of basic concepts and terms, contrasting financial accounting with cost accounting to highlight the latter's significance and development due to the limitations of financial accounting. It outlines the objectives, advantages, and drawbacks of cost accounting, differentiating it from financial accounting and discussing methods, techniques, and the design of cost accounting systems • [Material Cost] This chapter discusses materials control, stages of material control, inventory systems, and techniques for effective inventory control. It covers methods for pricing the issue of materials to production and addresses material losses, offering strategies for managing and controlling material costs • [Employee Cost] This chapter examines the accounting and control of labour costs, detailing the roles of different departments such as personnel, engineering, time-keeping, payroll, and cost accounting. It also covers the treatment of special labour items and various methods of wage payment • [Overheads] This chapter focuses on classifying, segregating, distributing, and absorbing overhead costs. It explains the computation of machine hour rates and the distribution of factory, office, and selling and distribution overheads, along with dealing with under or over-absorption of overheads and capacity levels • [Activity-Based Costing (ABC)] This chapter introduces the features, key terms, and steps of ABC. It discusses the benefits and weaknesses of this costing method, which aims to provide more accurate cost information by assigning costs to activities based on their use of resources • [Single or Output Costing] This chapter covers the procedures and types of cost sheets, objectives, treatment of stocks and scrap, and the production account, providing insights into the costing techniques for single or mass production scenarios • [Job Costing] This chapter details the features and procedures of job costing, including simultaneous recording in cost or integrated ledgers, catering to the costing needs of jobs or batches that require unique cost-tracking • [Contract Costing] This chapter explores the specifics of contract costing, distinguishing it from job costing and outlining the procedure and specific concepts used, suitable for long-term projects with distinct stages • [Process Costing] This chapter discusses the comparative aspects of job and process costing, procedures, handling of work-in-progress (WIP), and the preparation of process accounts, addressing manufacturing processes with continuous production • [Operating Costing (Service Costing)] This chapter examines the characteristics, determination of cost units, and transport costing within the context of service industries or organizations where services, rather than goods, are produced • [Non-Integral and Integral Accounting Systems] This chapter presents features of both non-integrated (interlocking) and integrated accounting systems, including cost control accounts, reconciliation of cost and financial accounts, and the requirements for introducing an integrated system • [Reconciliation of Cost and Financial Accounts] This chapter introduces the necessity of reconciling cost and financial accounts, attributing the differences to factors such as stock valuation, overheads, and accounting periods. It proceeds to explain the methods of reconciliation, presenting a structured approach for aligning the figures reported in cost accounting with those in financial accounting • [Integral Accounting System] This chapter transitions into the concept of an integral accounting system. This segment starts with an overview of what constitutes an integrated system and its pivotal role in streamlining accounting processes. It highlights the features of such a system, including the seamless integration of cost and financial accounting functions, which eliminates the need for separate books and reconciliation processes. The 'third entry method' is discussed to facilitate this integration, emphasizing its utility in maintaining comprehensive and consistent financial records. The discussion further elaborates on the advantages of adopting an integrated accounting system, such as improved efficiency, reduced errors, and enhanced decision-making capabilities by providing timely and accurate financial information. It concludes by outlining the basic requirements or prerequisites for introducing an integral accounting system within an organization, offering guidance on the foundational steps necessary to transition towards a more cohesive and efficient accounting framework
Download or read book Cost Management written by Edward Blocher and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook offers strategic management topics in conjunction with traditional cost accounting material. The distinguishing features of this book are its strategic cost management framework and the emphasis on using cases.
Download or read book Cost Management written by Edward Blocher and published by Irwin/McGraw-Hill. This book was released on 2009-10-30 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Management: A Strategic Emphasis, by Blocher/Stout/Cokins/Chen 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 accounting in helping an organization succeed. This text aims to teach management concepts and methods, and to demonstrate how managers use cost management information to make better decisions and improve their organizations competitiveness. In teaching these key management skills, the text takes on a strategic focus. It addresses 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.
Book Synopsis Management and Cost Accounting by : Charles T. Horngren
Download or read book Management and Cost Accounting written by Charles T. Horngren and published by Ft Press. This book was released on 2005 with total page 974 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third edition of Management and Cost Accounting continues to offer a wide ranging suite of resources to serve the needs of students, instructors and professionals. With a strong European focus, this text provides a definitive coverage of established and contemporary issues within Management and Cost Accounting. Drawing on the latest research and surveys, the authors bring technical and theoretical concepts to life through extensive use of real world examples and case studies. Features Richly illustrated with a striking new full colour text design and photographs to further engage the reader, reinforce the practical relevance of issues discussed. Extended and fully updated coverage of Strategic Management Accounting In depth European and Harvard Case Studies. A mix of new, and classic cases which pull together themes and offer a broader perspective of how management accounting can be applied in a range of different contexts. Cases include questions, and guided solutions are provided on the CWS accompanying the book. Extensive assessment material, including questions taken from past papers to allow students to consolidate learning and practice their exam technique. Questions are
Book Synopsis Cost Management: A Strategic Emphasis by : Edward Blocher
Download or read book Cost Management: A Strategic Emphasis written by Edward Blocher and published by McGraw-Hill/Irwin. This book was released on 2009-09-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Management: A Strategic Emphasis, by Blocher/Stout/Cokins 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 accounting in helping an organization succeed. This text aims to teach management concepts and methods, also to demonstrate how managers use cost management information to make better decisions and improve their organization’s competitiveness. In teaching these key management skills, the text takes on a strategic focus. It addresses 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.
Download or read book Cost Management written by Liming Guan and published by . This book was released on 2009 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduce your students to the dynamic, exciting nature of cost management as this edition demonstrates how today's conditions consistently require change in cost management systems. Hansen/Mowen/Guan's COST MANAGEMENT: ACCOUNTING AND CONTROL, 6e, International Edition, first covers functional-based cost and control and then activity-based cost systems, giving students the understanding and skills to manage any cost management system.This edition's expansive coverage and consistent attention to technical detail provides a thorough, well-researched foundation for learning. It addresses the most recent influential topics and emerging processes affecting the discipline, including a new chapter on lean accounting and a focus on technology tools that positively impact internal costing practices.
Book Synopsis Management and Cost Accounting by : Alnoor Bhimani
Download or read book Management and Cost Accounting written by Alnoor Bhimani and published by . This book was released on 2019-05-15 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bestseller text offers clear, simple to understand and comprehensive coverage of management and cost accounting for students and professionals. Packed with illustrations, examples and real-life applications, Management and Cost Accounting brings together techniques, concepts and practices in a highly readable way. Keeping its international focus, the text includes a wealth of case studies featuring companies from around the world, and includes up-to-date coverage of AI and robotics and other technology which affects management accounting.
Book Synopsis From Cost to Performance Management by : Catherine Stenzel
Download or read book From Cost to Performance Management written by Catherine Stenzel and published by John Wiley & Sons. This book was released on 2003-07-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every manager is responsible for cost and performance management in one form or another. This book provides an unbiased survey and explanation of the cost and performance management approaches and methods currently available for application in business. Topics covered include cost management and performance management/measurement options including ABC/M, Total Quality Management, Supply Chain Management, and Balanced Scorecard. Contrasts with managerial accounting textbooks, which tend to be conceptual and theoretical and not easily adaptable to practical situations. Assists readers in choosing the best approach or blend of methods to address specific business problems. Supports learning through real-world applications. Provides a complete presentation of field-tested cost management and performance management/measurement options.
Download or read book Cost Management written by Edward Blocher and published by Irwin Professional Pub. This book was released on 2001-08-01 with total page 1010 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Management: A Strategic Emphasis, by Blocher/Chen/Lin was the first cost accounting text to offer strategic management topics in conjunction with traditional cost accounting material. The text was 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 you about management, and how cost management is used by managers to make better decisions and improve their companies. In teaching these key management skills, this text takes on a strategic focus. It uncovers issues such as, How does a firm compete? What type of cost management information is needed by managers that are working to make the firm a success? We want students to know why, when, and how this information is used to make effective decisions that lead the firm to success.
Book Synopsis Loose-Leaf for Cost Management: A Strategic Emphasis by : Gary Cokins
Download or read book Loose-Leaf for Cost Management: A Strategic Emphasis written by Gary Cokins and published by McGraw-Hill Education. This book was released on 2015-08-27 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Management: A Strategic Emphasis, by Blocher/Stout/Juras/Cokins is dedicated to answering the question: Why Cost Management? Blocher et al. provide the cost-management tools and techniques needed to support an organization’s competitiveness, improve its performance, and help the organization accomplish its strategy. The text is written to help students understand the broader role of cost accounting in helping an organization succeed - and not just the measurement of costs. While the text does include coverage of traditional costing topics (e.g., job-order costing, process costing, service-department cost allocations, and accounting for joint and by-products), its primary strength is the linkage of these topics, as well as more contemporary topics, to an organization’s strategy. This message is reinforced by a dynamic author team, all four of whom have close ties to current cost management practice. New to the 7th edition is McGraw-Hill Connect, a digital teaching and learning platform for home work completion and review that helps improve student performance over a variety of critical outcomes while aiding instructor grading and assessment efficiency. Housed within Connect, SmartBook is an adaptive study tool that helps identify specific topics and learning objectives individual students need to study. As students read, SmartBook assess comprehension and dynamically highlights where they need to focus more. The result is that students are more engaged with course content, can better prioritize their time, and come to class ready to participate.
Book Synopsis Cost Accounting by : Charles T. Horngren
Download or read book Cost Accounting written by Charles T. Horngren and published by Prentice Hall. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ALERT: Before you purchase, check with your instructor or review your course syllabus to ensure that you select the correct ISBN. Several versions of Pearson''s MyLab & Mastering products exist for each title, including customized versions for individual schools, and registrations are not transferable. In addition, you may need a CourseID, provided by your instructor, to register for and use Pearson''s MyLab & Mastering products. Packages Access codes for Pearson''s MyLab & Mastering products may not be included when purchasing or renting from companies other than Pearson; check with the seller before completing your purchase. Used or rental books If you rent or purchase a used book with an access code, the access code may have been redeemed previously and you may have to purchase a new access code. Access codes Access codes that are purchased from sellers other than Pearson carry a higher risk of being either the wrong ISBN or a previously redeemed code. Check with the seller prior to purchase. -- For undergraduate and MBA Cost or Management Accounting courses 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. This acclaimed, market-leading text emphasizes the basic theme of "different costs for different purposes," and reaches beyond cost accounting procedures to consider concepts, analyses, and management. This edition incorporates the latest research and most up-to-date thinking into all relevant chapters and more MyAccountingLab�coverage! MyAccountingLab is an online homework, tutorial, and assessment program that truly engages students in learning. It helps students better prepare for class, quizzes, and exams-resulting in better performance in the course-and provides educators with a dynamic set of tools for gauging individual and class progress. Teaching and Learning Experience This program presents a better teaching and learning experience-for you and your students. Cost Accounting, Fifteenth Edition will: Personalize learning with MyAccountingLab: MyAccountingLab provides instructors with a rich and flexible set of course materials, along with course-management tools that make it easy to deliver all or a portion of your course online. Use the most current information to prepare students for their field: Up-date material gives students a better understanding of the current issues effecting the business environment. Provide a solid presentation of accounting hallmarks with a great emphasis on strategy: Students learn key concepts with a focus on strategy that integrates modern topics with traditional coverage and teaches them how to handle the rapid pace of change in today''s organizations. Tailor the material to suit your needs: This text''s modular, flexible organization can be used to suit a number of different approaches to teaching and learning Note: Cost Accounting Plus NEW MyAccountingLab with Pearson eText Access Card Package, 15e contains: * 0133428702 / 9780133428704 Cost Accounting, 15e * 013345147X / 9780133451474 NEW MyAccountingLab with Pearson eText -- Access Card -- for Cost Accounting, 15eMyAccountingLab is not a self-paced technology and should only be purchased when required by an instructor.
Download or read book Cost Management written by Edward Blocher and published by McGraw-Hill/Irwin. This book was released on 2004-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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? and 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.
Book Synopsis ISE Cost Management: a Strategic Emphasis by : Edward Blocher
Download or read book ISE Cost Management: a Strategic Emphasis written by Edward Blocher and published by . This book was released on 2018-03-29 with total page 1952 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Management: A Strategic Emphasis, by Blocher/Stout/Juras/Smith is dedicated to answering the question: Why Cost Management? It answers this question by providing cost-management tools and techniques needed to support an organization's competitiveness, improve its performance, and help the organization accomplish its strategy. The text is written to help students understand the broader role of cost accounting in helping an organization succeed - and not just the measurement of costs. While the text does include coverage of traditional costing topics (e.g., job-order costing, process costing, service-department cost allocations, and accounting for joint and by-products), its primary strength is the linkage of these topics, as well as more contemporary topics, to an organization's strategy. And with Connect, an easy-to-use homework and learning management solution that embeds learning science and award-winning adaptive tools to improve student outcomes, instructors receive a course solution that includes high quality content and assessment paired with assignments that help students build the skills they need to succeed.
Book Synopsis MANAGEMENT COST ACCOUNTING STUDENT MAN by : Cengage Learning
Download or read book MANAGEMENT COST ACCOUNTING STUDENT MAN written by Cengage Learning and published by . This book was released on 2020-12-14 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
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