Synopses & Reviews
Unlike any other text on the market, this text presents a thorough treatment of both traditional and contemporary approaches to cost management, accounting, and control. Professional ethics, behavioral issues, a service sector focus, and real-world examples prepare students for the challenges today and beyond the year 2000.
About the Author
Don R. Hansen is the Head of the School of Accounting and Kerr McGee Chair at Oklahoma State University. He received his Ph.D. from the University of Arizona in 1977. He has an undergraduate degree in mathematics from Brigham Young University. His research interests include activity-based costing and mathematical modeling. He has published articles in both accounting and engineering journals including The Accounting Review, The Journal of Management Accounting Research, Accounting Horizons, and IIE Transactions. He has served on the editorial board of The Accounting Review. His outside interests include family, church activities, reading, movies, and watching sports. Maryanne M. Mowen is Associate Professor of Accounting at Oklahoma State University. She received her Ph.D. from Arizona State University. She brings an interdisciplinary perspective to teaching and writing in cost and management accounting, with degrees in history and economics. She also teaches classes in ethics and the impact of the Sarbanes-Oxley Act on accountants. Her scholarly research is in the areas of management accounting, behavioral decision theory, and compliance with the Sarbanes-Oxley Act. She has published articles in journals such as Decision Science, The Journal of Economics and Psychology, and The Journal of Management Accounting Research. Dr. Mowen has served as a consultant to mid-sized and Fortune 100 companies, and works with corporate controllers on management accounting issues. Outside the classroom, she enjoys hiking, traveling, reading mysteries, and working crossword puzzles.
Table of Contents
1 Introduction to Cost Accounting and Cost Management PART ONE: FUNDAMENTAL COST MANAGEMENT CONCEPTS 2 Basic Cost Management Concepts 3 Activity Cost Behavior PART TWO: COST ACCOUNTING SYSTEMS Traditional Cost Accounting 4 Product and Service Costing: Overhead Application and Job-Order System 5 Product and Service Costing: A Process Systems Approach 6 Support Department Cost Allocation 7 Joint Product and By-Product Costing Contemporary Cost Accounting 8 Activity-Based Costing 9 Strategic Cost Management, Life Cycle Cost Management, and JIT PART THREE: DECISION MAKING: TRADITIONAL AND CONTEMPORARY APPROACHES 10 Cost-Volume-Profit Analysis 11 Activity Resource Usage Model and Relevant Costing: Tactical Decision Making 12 Capital Investment Decisions 13 Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints 14 Pricing and Revenue Analysis 15 Profitability Analysis PART FOUR: COST PLANNING AND CONTROL SYSTEMS Traditional Cost Systems 16 Budgeting for Planning and Control 17 Standard Costing: A Traditional Control Approach 18 Decentralization: Responsibility Accounting, Performance Evaluation, and Transfer Pricing 19 International Issues in Cost Management Contemporary Cost Systems 20 Contemporary Responsibility Accounting 21 Quality Costing: Measurement and Control 22 Productivity: Measurement and Control