Cost Accounting: A Managerial Emphasis (10th Edition): A Managerial Emphasis

Author: Charles T. Horngren
Publisher:
Publish Date: 2001-09-11
Features: This textbook on cost accounting is written by Professor Charles T. Horngren of Stanford University in the United States. Professor Horngren is a prolific author and holds multiple positions in national accounting professional and academic organizations in the U.S., having been awarded nearly all the highest honors in the American accounting field. The book has the following main features: First, in terms of content, it is not only detailed, novel, and comprehensive but also covers a significant portion of management accounting; second, it has a fresh structure, focusing not only on the explanation of basic concepts, basic analysis, and basic procedures but also being very close to real-world applications; third, it emphasizes how accountants assist various levels of managers in making cost-related decisions, formulating, and implementing cost-related strategies. Compared to the 9th edition, the 10th edition of this book has made many improvements, including: adding Chapter 13, which specifically discusses the strategic use of cost information, reflecting the forefront of cost accounting discipline development; concentrating activity-based costing into Chapter 5, making it easier for readers and students to systematically and comprehensively understand the principles and applications of activity-based costing; integrating new management concepts such as supply chain analysis (Chapters 1 and 20), resource constraint theory (Chapter 29), intangible asset valuation (Chapter 21), and economic value added (Chapter 23); reflecting technological advancements such as using the internet for supply chain analysis (Chapter 20), and so on. This textbook on cost accounting is written by Professor Charles T. Horngren of Stanford University in the United States. Professor Horngren is a prolific author and holds multiple positions in national accounting professional and academic organizations in the U.S., having been awarded nearly all the highest honors in the American accounting field. The book has the following main features: First, in terms of content, it is not only detailed, novel, and comprehensive but also covers a significant portion of management accounting; second, it has a fresh structure, focusing not only on the explanation of basic concepts, basic analysis, and basic procedures but also being very close to real-world applications; third, it emphasizes how accountants assist various levels of managers in making cost-related decisions, formulating, and implementing cost-related strategies. Compared to the 9th edition, the 10th edition of this book has made many improvements, including: adding Chapter 13, which specifically discusses the strategic use of cost information, reflecting the forefront of cost accounting discipline development; concentrating activity-based costing into Chapter 5, making it easier for readers and students to systematically and comprehensively understand the principles and applications of activity-based costing; integrating new management concepts such as supply chain analysis, resource constraint theory, intangible asset valuation, and economic value added, reflecting technological advancements such as using the internet for supply chain analysis, and so on.