Cost Accounting (8th Edition, Part 1) - Classics in Business Management Translation Series

Author: {USA} Charles T. Horngren
Publisher:
Publish Date: 1998-03-17
Features: This book is a renowned accounting textbook written by Charles T. Horngren, a distinguished accounting professor at the Stanford University Graduate School of Business and an internationally recognized authority in accounting. It 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 been a bestseller globally for over 30 years, making it a world-class masterpiece in cost management accounting.
Starting from the perspective of management applications, 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. It not only provides a detailed discussion of fundamental cost accounting topics 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 the new developments in cost accounting, such as the impact of automated operations on cost accounting, the influence of computer technology applied to planning and control on cost accounting, the effects 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 offers a thorough exploration of issues related to performance measurement for both enterprises and individuals, capital budgeting and cost analysis, and introduces cost accounting practices from companies around the world. It is also equipped with numerous review questions and exercises.