Cost Accounting (Eighth Edition)

Author: Charles T. Horngren
Publisher:
Publish Date: 1996-11-17
Features: This textbook, written by Charles T. Horngren, a renowned accounting professor at the Stanford Graduate School of Business and an internationally recognized authority in accounting, covers the main contents of cost management accounting and comprehensively reflects the new developments in cost accounting since the 1990s. Since its publication in the 1960s, the book has been revised seven times and has remained a bestseller globally for over 30 years, making it a world-class masterpiece in cost management accounting. From the perspective of management application, the book systematically elaborates on the content of cost accounting, taking the value chain of research and development, design, production, marketing, distribution, and after-sales service as the main thread. The book not only provides a detailed discussion of the basic contents of cost accounting, such as enterprise cost systems, job-order costing, the collection and allocation of costs, standard costing and variable costing, and the measurement of cost variances, but also dedicates significant space to discussing the new developments in cost accounting, such as the impact of automated operations on cost accounting, the impact and influence of computer technology applied to planning and control on cost accounting, the influence of just-in-time production and just-in-time purchasing management on cost accounting, activity-based costing, quality and cost, and more. Additionally, the book provides a detailed discussion on performance measurement issues for both enterprises and individuals, capital budgeting and cost analysis, and introduces cost accounting examples from enterprises around the world, along with a large number of thought questions and exercises.