A new edition of a text that emphasizes the reality of the business world and the nature of the cost management field. Many of the 24 chapters are based on a systems framework that helps students make a clear distinction between functional and activity-based approaches.
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The text is well-written with good examples and illustrations. The text is fairly easy to read and contains good examples and illustrations. The test bank is very good and is easy to use. Problems and exercises are concise, not wordy. The problems cover material presented in chapters. Material throughout text is very current and technically accurate. This textbook is a very well-written, logically organized, and quite up-to-date textbook in Cost Management. It complements the text discussion with real-world examples. It has comprehensive cases.
Cost Management: Accounting and Control emphasizes that changing conditions often require a change in cost management systems. Emphasizing this point stresses the dynamic and exciting nature of the field. By taking a systems approach -- one that first covers functional-based cost and control and then activity-based cost systems -- students understand how to understand and manage any cost management system.
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