Contemporary Cost Management

Yoshikawa, Takeo, Innes, John, Tanak, Masayasu, Mitchell, Fa

ISBN 10: 0412452103 / ISBN 13: 9780412452109

Published by Chapman & Hall, 1993

About this Item

Very Good .Ships From Multiple Locations.

Seller Inventory # ERICA80304124521033

Bibliographic Details

• Title: Contemporary Cost Management
• Publisher: Chapman & Hall
• Publication Date: 1993
• Language: English
• ISBN 10: 0412452103
• ISBN 13: 9780412452109
• Binding: Hardcover
• Condition: Very Good
• Book Type: book

About this title

Synopsis

This book draws together practical developments in Japanese and Western approaches to cost management. The authors stress the importance of a product life cycle approach to cost analysis and cost management, and focus especially on information provided by accountants to be used by managers. The emphasis is on cost management rather than cost accounting. The difference is that the accountant becomes involved before the cost is incurred; for example at the design stage with target costing, or during the review of overhead costs with activity based cost management. Traditional cost accounting report costs after they have been incurred. Both management accountants and managers will find the inventory of modern cost management techniques invaluable. This forms a useful checklist of points to consider if an organization wishes to gain a competitive advantage from its cost management. The techniques covered include cost tables, cost estimation, activity-based costing, throughput accounting, strategic management accounting, target costing and functional analysis.