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This bestseller text offers clear, simple-to-understand and
comprehensive coverage of management and cost accounting.
Management and Cost Accounting, 8th edition brings together
techniques, concepts and practices in a way that is readable and
with language that is easy to follow. Keeping its international
focus, the text includes a wealth of case studies featuring
companies from around the world, and offers up-to-date coverage of
the most contemporary aspects affecting management accounting
today, such as a greater emphasis on sustainability, as well as AI,
automation and other technologies. Packed with illustrations,
examples and real-life applications, this book will help you learn
about the aspects of management accounting that are essential in
your study and your future performance in the workplace. Key
Features Up-to-date coverage of the impact of digitalisation and
application of new technologies, including blockchain systems,
artificial intelligence and more. Sustainability practices are now
given more space with new examples covering topics such as
renewable energy and initiatives to lessen environmental impact. A
wealth of resources, including professional accountancy practice
exercises, and end-of-chapter questions, provide opportunities to
learn and develop exam ability. A range of new real-life
applications in 'Concepts in Action' boxes show how managers use
accounting techniques in the business world. Harvard Business
School and other cutting-edge case studies illustrate how
management accounting is deployed in different types of enterprise
across the globe. Also available with MyLab Accounting MyLab (R) is
the teaching and learning platform that combines trusted author
content with digital assessments, help tools to use at
point-of-need, and a flexible platform. MyLab Accounting for this
book includes over 800 exercises on the topics in the book. If you
would like to purchase both the physical text and MyLab (R)
Accounting, search for: 9781292436012 Management and Cost
Accounting 8th edition with MyLab Accounting Package consists of:
9781292436029 Management and Cost Accounting 8th edition
9781292435992 Management and Cost Accounting 8th edition MyLab
Accounting 9781292436005 Management and Cost Accounting 8th edition
eTextbook MyLab (R) Accounting is not included. Students, if MyLab
is a recommended/mandatory component of the course, please ask your
instructor for the correct ISBN. MyLab should only be purchased
when required by an instructor. Instructors, contact your Pearson
representative for more information.
This bestseller text offers clear, simple-to-understand and
comprehensive coverage of management and cost accounting.
Management and Cost Accounting, 8th edition brings together
techniques, concepts and practices in a way that is readable and
with language that is easy to follow. Keeping its international
focus, the text includes a wealth of case studies featuring
companies from around the world, and offers up-to-date coverage of
the most contemporary aspects affecting management accounting
today, such as a greater emphasis on sustainability, as well as AI,
automation and other technologies. Packed with illustrations,
examples and real-life applications, this book will help you learn
about the aspects of management accounting that are essential in
your study and your future performance in the workplace. Key
Features Up-to-date coverage of the impact of digitalisation and
application of new technologies, including blockchain systems,
artificial intelligence and more. Sustainability practices are now
given more space with new examples covering topics such as
renewable energy and initiatives to lessen environmental impact. A
wealth of resources, including professional accountancy practice
exercises, and end-of-chapter questions, provide opportunities to
learn and develop exam ability. A range of new real-life
applications in ‘Concepts in Action’ boxes show how managers
use accounting techniques in the business world. Harvard Business
School and other cutting-edge case studies illustrate how
management accounting is deployed in different types of enterprise
across the globe. Also available with MyLab Accounting MyLab® is
the teaching and learning platform that combines trusted author
content with digital assessments, help tools to use at
point-of-need, and a flexible platform. MyLab Accounting for this
book includes over 800 exercises on the topics in the book. If you
would like to purchase both the physical text and MyLab®
Accounting, search for: 9781292436012 Management and Cost
Accounting 8th edition with MyLab Accounting Package consists of:
9781292436029 Management and Cost Accounting 8th edition
9781292435992 Management and Cost Accounting 8th edition MyLab
Accounting 9781292436005 Management and Cost Accounting 8th edition
eTextbook MyLab® Accounting is not included. Students, if MyLab is
a recommended/mandatory component of the course, please ask your
instructor for the correct ISBN. MyLab should only be purchased
when required by an instructor. Instructors, contact your Pearson
representative for more information.
For undergraduate and MBA cost or management accounting courses.
Horngren's Cost Accounting spells out the cost accounting market
and continues to innovate by consistently integrating the most
current practice and theory into the text. This acclaimed,
market-leading text emphasises the basic theme of "different costs
for different purposes," and reaches beyond cost accounting
procedures to consider concepts, analyses, and management. The 17th
Edition incorporates the latest research and most up-to-date
thinking into all relevant chapters, so that students are prepared
for the rewards and challenges they will face in the professional
cost accounting world of today and tomorrow.
Included in this 'pack' version of the product is the book
Management and Cost Accounting plus access to MyLab Accounting.
This bestseller text offers clear, simple to understand and
comprehensive coverage of management and cost accounting for
students and professionals. Packed with illustrations, examples and
real-life applications, Management and Cost Accounting brings
together techniques, concepts and practices in a highly readable
way. Keeping its international focus, the text includes a wealth of
case studies featuring companies from around the world, and
includes up-to-date coverage of AI and robotics and other
technology which affects management accounting. Applications are
explained using illustrations from real corporations, plus the text
includes professional accountancy examination questions to help you
practice. This book will help you learn about the aspects of
management accounting that are essential in your study and your
future performance in the workplace. Key Features Up-to-date and
comprehensive coverage of digital technologies, including
artificial intelligence, robotics, 3-D printing, the Internet of
Things, and Big Data analytics. Expanded and revised sections on
strategic management accounting, the balanced scorecard, quality
costing, governance and sustainability, as well as aspects of
internet entrepreneurship. A wealth of resources including
professional accountancy practice exercises and end-of-chapter
questions providing opportunities to learn and develop exam
agility. Harvard Business School and other cutting edge case
studies that illustrate how management accounting is deployed in
enterprises across locations and situations. A range of new
Concepts in Action boxes and the latest Surveys of Corporate
Practices showing how accounting techniques are used by managers in
the business world. Alnoor Bhimani is Professor of Management
Accounting and previous Head of LSE's Department of Accounting and
Director of Entrepreneurship at the London School of Economics and
Political Science. Charles T. Horngren was the Edmund W.
Littlefield Professor of Accounting at Stanford University. Srikant
M. Datar is the Arthur Lowes Dickinson Professor of Business
Administration and Faculty Chair of the Harvard Innovation Lab at
Harvard Business School. Madhav V. Rajan is the Dean of the Booth
School of Business at the University of Chicago.
About the book Use the most current information to prepare students
for their field * Emphasis on Global Issues reflect today's
increasingly global business environment, including: * The
importance of joint cost allocation in creating a trade war between
poultry farms in South Africa and the United States (Chapter 16). *
The text's examples of management accounting applications in
companies are drawn from international settings. * Focus on
merchandising and service sectors (versus traditional manufacturing
settings)highlight the shifts in the US and world economies,
including: * Several Concepts in Action boxes focus on the
merchandising and service sectors, including achieving cost
leadership at Trader Joes, using activity-based costing to reduce
the costs of health care delivery at the Mayo Clinic (Chapter 5),
reducing fixed costs at Twitter (Chapter 2), and analyzing
operating income performance at Best Buy (Chapter 12) and web-based
budgeting at 24 Hour Fitness. * Emphasis on sustainability as one
of the critical managerial challenges of the coming decades,
including: * Material that stress themes of recognizing and
accounting for environmental costs, energy independence and the
smart grid, setting stretch targets to motivate greater carbon
reductions, using cost analysis, carbon tax, and cap-and-trade
auctions to reduce environmental footprints, and constructing
"green" homes in a cost-effective manner. * More focus on the role
of accounting concepts and systems in fostering and supporting
innovation and entrepreneurial activities in firms including: * The
challenges posed by recognizing R&D costs as period expenses
even though the benefits of innovation accrue in later periods. *
How companies budget for innovation expenses and develop measures
to monitor success of the innovation efforts delinked from
operational performance in the current period (Chapter 6). * The
importance of nonfinancial measures when making decisions about
innovation (Chapter 11). * The concept that innovation starts with
understanding customer needs (Chapter 13). * Process innovations
for improving quality (Chapter 19). * Cutting-edge topics are
covered, including: * Material around recent trends in big data and
data analytics in predicting costs and when making demand
forecasts. Provide a solid presentation of accounting hallmarks
with a great emphasis on strategy * Strategy maps are presented as
a useful tool to implement the balanced scorecard and a simplified
presentation of how income statements of companies can be analyzed
from the strategic perspective of product differentiation or cost
leadership. A new section helps students evaluate strategy maps
such as the strength of links, differentiators, focal points and
trigger points. * Try It examples are simple and focus on key ideas
or concepts. They are located after a particular concept or
calculation, and invite students to practice what they have just
learned. * Becker Multiple Choice Questions in the assignment
material probe students' knowledge of the chapter material and
their ability to think critically about key concepts. * Opening
Vignettes. Each chapter opens with a vignette on a real company
situation. The vignettes get students engaged in a business
situation, or dilemma, illustrating why and how the concepts in the
chapter are relevant in business. New examples on Quiksilver,
General Motors, Boeing, Delta, Honda, and Viacom have been
incorporated. * Concepts in Action Boxes. Found in every chapter,
these boxes cover real-world cost accounting issues across a
variety of industries including automobile racing, defense
contracting, entertainment, manufacturing, and retailing. New
examples include Subway, Chipotle, H&M, Amazon, Under Armour,
and Netflix.
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