Book Name: Horngren’s cost accounting : a managerial emphasis 16th Edition
Author: Datar, Srikant M.; Rajan, Madhav V.
Publisher: Pearson
ISBN-10: 9781292211541,1292211547
Year: 2018
Pages: 991
Language: English
File size: 18 Mb
File format: PDF
Studying cost accounting is among the best business investments a student can create. Why? Because success in almost any business from the lowest corner shop to the largest multinational company demands using cost accounting theories and practices. Cost accounting offers key data to supervisors for controlling and planning, in addition to costing services, products, as well as clients. This publication concentrates on how price accounting helps managers make better choices, as cost accountants are increasingly becoming integral members of the company’s decision-making groups. To be able to highlight this particular prominence in decision making, we utilize the “different costs for different purposes” motif through this publication. By focusing on fundamental concepts, investigations, applications, and processes rather than procedures independently, we comprehend cost accounting as a managerial tool for both company plan and implementation. In addition, we prepare students for the benefits and challenges that they face in the expert price accounting world of tomorrow and today. By way of instance, we highlight both the development of analytical abilities like Excel to leverage accessible information technology along with the values and behaviours which make cost accountants successful at work.
Businesses now don’t have any choice but to incorporate in an increasingly international ecosystem. Virtually all facets, such as supply chains, product markets, and also the market for managerial ability, Have become more global in their view. To exemplify this, we integrate global considerations into lots of the chapters. As an instance, Chapter 6 explains the distinctive challenges of budgeting in transnational firms while Chapter 23 discusses the challenges of assessing the operation of branches found in various nations. Chapter 22 examines the value of transport pricing in reducing the tax burden faced by multinational businesses. The Concepts in Action for Chapter 16 explains the value of joint-cost allocation in developing a trade war involving poultry farms in the USA and South Africa. Several new cases of management accounting software in businesses are drawn from global configurations. The 16th Edition integrates the most recent research and many up-to-date thinking into all relevant chapters, and so that subscribers are ready for the benefits and challenges they’ll face in the expert price accounting world of tomorrow and today.MyLab™ Accounting is an online homework, tutorial, and evaluation program designed to function with this particular text to engage pupils and enhance success. In its structured surroundings, students practice what they understand, examine their comprehension, and pursue a personalized study program that helps them better consume course substance and comprehend difficult concepts.
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