The concepts and applications explored in each chapter are developed in the context of a realistic focus company, based closely on the practices and experiences of an actual organization. Ronald Hilton pioneered this approach in his Managerial Accounting textbook, and Hilton/Maher/Selto's integration of focus companies and real world examples is unmatched by any other cost accounting book.
Cost Management features a balance of manufacturing, service, government, mature, and start-up focus companies to demonstrate that cost management concerns are universally applicable. Today's students will work in a wide variety of business environments and will benefit from exposure to the diverse examples used by Hilton/Maher/Selto.
Part 1 Setting the Strategic Foundation The Importance of Analyzing and Managing Costs
Part 2 Activity - Based Management
Part 3 Process Costing and Cost Allocation
Part 4 Planning and Decision Making
Part 5 Evaluating and Managing Performance Creating and Managing Value-Added Effort