The Cost Management Toolbox: A Manager's Guide to Controlling Costs and Boosting Profits - Softcover

Oliver, Lianabel

Softcover

ISBN 10: 081447053X ISBN 13: 9780814470534

Publisher: Amacom Books, 1999

Synopsis

How to use financial information to strategically manage costs. Managers rarely get financial information the way they really need it. How can a nonfinancial manager minimize costs with the financial information he or she does get? By reading and absorbing this clear, concise new book.

THE COST MANAGEMENT TOOLBOX lucidly explains how financial information--especially information relating to costs--is generated and reported in today's service and manufacturing organizations. Avoiding hard-to-grasp technicalities, it shows business professionals how to: * Accurately determine how well their business is performing * Quickly diagnose financial and operational problems * Effectively evaluate new business propositions * Confidently forecast future trends and project future costs * Strategically plan and prepare a departmental budget * Strictly analyze costs, including the rarely-discussed area of service costing.

About this title

Book Description

Managers rarely get financial information the way they really need it. How can a nonfinancial manager minimize costs with the financial information he or she does get? By reading and absorbing this clear, concise new book.

The Cost Management Toolbox lucidly explains how financial information--especially information relating to costs--is generated and reported in today's service and manufacturing organizations. Avoiding hard-to-grasp technicalities, it shows business professionals how to:

* Accurately determine how well their business is performing* Quickly diagnose financial and operational problems

* Effectively evaluate new business propositions

* Confidently forecast future trends and project future costs

* Strategically plan and prepare a departmental budget

* Strictly analyze costs, including the rarely-discussed area of service costing.

From the Back Cover

The Cost Management Toolbox provides a good combination of accounting and management, a consistent user focus, a straightforward explanation of management accounting concepts and techniques, a sensible evaluation of modern activity-based management, a real-life flavor, and a lively writing style.
-Charles Horngren, Edmund W. Littlefield Professor of Accounting, Emeritus, Stanford Graduate School of Business

"I was astounded at the clarity of Lianabel Oliver's book. This plain-speaking articulation of business accounting, financial management and strategic planning is an easy read for the average business enthusiast. The section on Costing Principles and Systems is the best I've seen."
-Leroy T. Barnes, Jr., Vice President and Treasurer, The Gap, Inc.

"This book is excellent. It bridges the difficult gap between theory and practice. The book covers the budget process and the important linkages to the firm's strategic plan as well as costs and general financial information. This is a book you can use."
-Richard L. Carrion, President and CEO, Banco Popular de Puerto Rico

"The Cost Management Toolbox takes some complex concepts, frameworks, definitions, formulas and intricate processes, and streamlines them for all levels of business management. The book explains alternative approaches to costing and analysis and objectively points out the pros and cons of competing methodologies. Practices and theory live in complete harmony throughout the text, with well-chosen examples and step-by-step walk-throughs. Your understanding will increase dramatically by reading this book."
-Debi Coleman, CEO, Merix Corporation

"An excellent tool for executives without formal financial background. The book provides a good overview on how to use financial concepts in managing the business."
-Jose Luis Rosado, President and General Manager, SmithKline Beecham Pharmaceuticals of Puerto Rico

Edition details

• Publisher: Amacom Books
• Publication date: 1999
• ISBN 10: 081447053X
• ISBN 13: 9780814470534
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 353