Cost Management: Measuring, Monitoring, and Motivating Performance

by Leslie G. Eldenburg

Cost Management" was written in response to changes in the global business environment. Unbridled access to information and intense competition has meant that cost accounting has become an increasingly important tool for managers and accountants alike. Most textbooks focus on content knowledge and then expect students to 'magically' demonstrate skills such as decision-making and critical thinking. "Cost Management" better prepares students for professional success by bridging the gaps between Knowledge, Skills and Abilities. Many students fail to recognize the assumptions, limitations, behavioral implications and qualitative factors that influence managerial decision-making. The dynamic, new author team focuses on cost accounting methods, techniques and the quality of cost accounting information used for decision-making to deliver a thoroughly modern treatment of cost accounting topics.

704 pages, Hardcover

First published November 19, 2004

Reviews

[Kristen · Rating 2 out of 5]

Not a bad text book, but like so many math heavy texts, I would hate to rely soley on the text for learning. The book occasionally assumes you can read between the lines and derive where they got their answers from. I'd rather have an overly long explanation than a skimpy one. For example, it would explain the basics of a topic in a chapter and then give you a question in the back that assumed you could really infer a lot of complicated things from that. There is a reason I am reading this text book.....it's because I don't know the subject material. Inferences are not appreciated.

I did like the answer set and how the questions were laid out; it helped with understanding; especially with the complicated questions. I was able to get an "Ooooh, ok I get it". It's a shame they didn't just explain it that way in the chapter though. Considering the price we pay for texts, I think it would be great if they could include videos explaining the material. But that's just my opinion.

I will still be keeping this text so that I can have a reference in the future; now that I have been taught the material.

[سموّه بذاتي]

good