Cost Accounting: Foundations & Evolutions

This book provides a solid understanding of the fundamentals of cost accounting balanced with innovative cost management practices. Cost topics are covered in the context of organizational strategy and operational tactics as cost management decisions are sensitive to strategies driven by quality, cost, and innovation. The objectives of this text are met by reinforcing the material with real-world examples and visual illustrations that bring the cost management techniques into the student's sphere of understanding. A flexible organization appropriate for either a one or two semester course and clear and abundant visual presentations allows students to clearly understand difficult topics. The revised organizational structure streamlines chapter materials as well as reduces redundancy between cost accounting and other business courses.