Cost Management: Measuring, Monitoring, and Motivating Performance

The new Second Edition of Cost Management: Managing, Monitoring, and Motivating Performance by Leslie Eldenburg and Susan Wolcott will be available this June through our Wiley Custom Select website.

Most Cost Accounting textbooks focus on content knowledge and then expect students to 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.

Authors, Leslie Eldenburg and Susan Wolcott realize that many students fail to recognize the assumptions, limitations, behavioral implications and qualitative factors that influence managerial decision-making.  The 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.

Cost Management is written in a style that is accessible to students through a decision-making framework, use of realistic examples, real ethical dilemmas, self-study problems, and unique problem material structured to encourage them to think about accounting problems and problem-solving.

"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.

The textbook is written in a style that is accessible to students and proactive about addressing the challenges that instructors and students face in their teaching and learning endeavors by utilizing features such as a decision-making framework, realistic examples, guide your learning boxes, real ethical dilemmas, self-study problems and unique problem material structured to encourage students to think about accounting problems and problem-solving more complexly.