Cost Management (21st Century Financial Management Series Textbooks)

Author: Sun Maozhu Yao Yue
Publisher:
Publish Date: 2003-05-17
Features: The existing cost management systems in China cannot meet the needs of corporate market competition. Specifically, the reasons for high costs, low profits, and disorganized cost management are numerous. They can be summarized as follows: outdated cost management concepts, obsolete cost management methods, poor integration of value management and use-value management, and adverse profit motives, among others. It is essential to combine strategic cost management with cost tactical arrangements, design the cost management system from a strategic perspective, and closely integrate it with value analysis. To support the needs of this transformation, we have organized the writing of "Cost Management," aiming to systematically explore cost issues. This book has the following features:
(1) Combination of theoretical discussion and practical needs. While this book emphasizes the research of the cost management theory system, it does not neglect the study of cost management methods or the research on the integration of various cost management methods, guiding practice with theory and promoting theory with practice.
(2) Combination of strategic cost management and cost tactical arrangements, breaking through traditional thinking patterns and comprehensively considering cost management issues at the strategic level.
(3) Combination of macro value analysis and micro activity-based cost analysis, studying the contribution of costs to value-added from the perspective of value chain optimization.