Horngren's Cost Accounting expertly demonstrates how cost accounting can help managers make good decisions. Guided by the theme of "different costs for different purposes," this acclaimed text positions cost accounting as a tool for business strategy, rather than just a set of procedures. Its balance of modern and traditional coverage blends technical skills with the values and behaviors of effective cost accountants.
The 18th Edition illustrates cost accounting practices through the lens of cutting-edge topics such as generative AI and repercussions of the coronavirus pandemic. Dozens of new real-world examples show how cost accounting can be used to support sustainability, innovation, and shifts in the US and global economies.
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Für höhere Schule und Studium
ISBN-13
978-1-292-46306-3 (9781292463063)
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Schweitzer Klassifikation
About our authors Srikant M. Datar is Dean of the Harvard Business School and the George F. Baker Professor of Administration. He has been on the Harvard Business School faculty for 28 years. Prior to Harvard, he was the Edmund W. Littlefield Professor of Accounting at Stanford Graduate School of Business and Professor at the Carnegie Mellon Graduate School of Industrial Administration.
A graduate with distinction from the University of Bombay, he received gold medals upon graduation from the Indian Institute of Management, Ahmedabad, and the Institute of Cost and Works Accountants of India. A chartered accountant, he holds two master's degrees and a PhD from Stanford University.
Datar has published his research in leading accounting, marketing and operations management journals, including The Accounting Review, Contemporary Accounting Research, Journal of Accounting, Auditing and Finance, Journal of Accounting and Economics, Journal of Accounting Research and Management Science. He has served as an associate editor and on the editorial board of several journals and has presented his research to corporate executives and academic audiences in North America, South America, Asia, Africa, Australia and Europe. He is a coauthor of two other books: Managerial Accounting: Making Decisions and Motivating Performance and Rethinking the MBA: Business Education at a Crossroads.
Cited by his students as a dedicated and innovative teacher, Datar received the George Leland Bach Award for Excellence in the Classroom at Carnegie Mellon University and the Distinguished Teaching Award at Stanford University.
Datar is a member of the boards of directors of ICF International and T-Mobile US and has also served on the Board of Directors of Novartis A.G. and Stryker Corporation. He is also Senior Strategic Advisor to HCL Technologies. He has worked with many organizations, including Apple Computer, Boeing, DuPont, Ford, General Motors, Morgan Stanley, PepsiCo, Visa and the World Bank. He is a member of the American Accounting Association and the Institute of Management Accountants.
Madhav V. Rajan is Dean of the University of Chicago Booth School of Business and the George Pratt Shultz Professor of Accounting.
Prior to July 2017, Rajan was the Robert K. Jaedicke Professor of Accounting at Stanford Graduate School of Business and Professor of Law (by courtesy) at Stanford Law School. From 2010 to 2016, he was Senior Associate Dean for Academic Affairs and head of the Stanford MBA program. In April 2017, he received Stanford GSB's Davis Award for Lifetime Achievement and Service.
Rajan received his undergraduate degree in commerce from the University of Madras, India, and his MBA, PhD and MS in accounting degrees from Carnegie Mellon University. In 1990, his dissertation won the Alexander Henderson Award for Excellence in Economic Theory.
Rajan's research has focused on the economics-based analysis of management accounting issues, especially as they relate to internal control, capital budgeting, supply-chain and performance systems. His work has been published in a variety of leading journals, including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Management Science and Review of Financial Studies. In 2004, he received the Notable Contribution to Management Accounting Literature award. He is a coauthor of Managerial Accounting: Making Decisions and Motivating Performance.
Rajan has served as the Departmental Editor for Accounting at Management Science as well as associate editor for both the accounting and operations areas. From 2002 to 2008, Rajan served as an Editor of The Accounting Review. He has twice been a plenary speaker at the AAA Management Accounting Conference.
Rajan has received several teaching honors at Wharton and Stanford, including the David W. Hauck Award, the highest undergraduate teaching award at Wharton. He taught in the flagship Stanford Executive Program and was co-director of Finance and Accounting for the Nonfinancial Executive. He has participated in custom programs for many companies, including Genentech, Hewlett-Packard and Nvidia, and served as faculty director for the Infosys Global Leadership Program.
Rajan is Director of iShares, Inc. and Trustee of the iShares Trust, and serves on the boards of CM Capital Corporation and WellBe Holdings.
The Manager and Management Accounting
An Introduction to Cost Terms and Purposes
Cost-Volume-Profit Analysis
Job Costing
Activity-Based Costing and Activity-Based Management
Master Budget and Responsibility Accounting
Flexible Budgets, Direct-Cost Variances, and Management Control
Flexible Budgets, Overhead Cost Variances, and Management Control
Inventory Costing and Capacity Analysis
Determining How Costs Behave
Data Analytic Thinking and Prediction
Decision Making and Relevant Information
Strategy, Balanced Scorecard, and Strategic Profitability Analysis
Pricing Decisions and Cost Management
Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis
Allocation of Support-Department Costs, Common Costs, and Revenues
Cost Allocation: Joint Products and Byproducts
Process Costing
Spoilage, Rework, and Scrap
Balanced Scorecard: Quality and Time
Inventory Management, Just-in-Time, and Simplified Costing Methods
Capital Budgeting and Cost Analysis
Management Control Systems, Transfer Pricing, and Multinational Considerations
Performance Measurement, Compensation, and Multinational Considerations
