Modern Cost Management and Analysis

Books in Barron’s Business Library Series speak to men and women who are starting a company or managing a small-to-medium-size business. Advice and instruction is geared to daily operations and finding practical solutions for typical problems. Topics discussed in this book include understanding cost concepts, job-order costing, process costing, activity-based costing (ABC), activity-based management (ABM), cost-volume and break-even analysis, budgeting, cost analysis for non-routine decisions, how to make capital budgeting decisions, performance metrics such as the balanced score card, and a variety of cost management tools, including target costing and life-cycle costing. The authors cover all important issues that relate to budgeting and affect company profitability. A helpful appendix presents tables that account for the time value of money, and a glossary gives definitions of specialized cost management terms.

(back cover)
BARRON'S
BUSINESS
LIBRARY

Titles in this series speak to men and women who are starting a company or managing an ongoing small-to-medium-size business. Emphasis is on daily operations, as well as on analyzing problems and solving them. Examples and approaches cited in these books are based on true-to-life business situations.

Modern Cost
Management
and Analysis
Third Edition

Topics discussed in this book include understanding cost concepts, job-order costing, process costing, activity-based costing (ABC), activity-based management (ABM), cost-volume and break-even analysis, budgeting, the balanced scorecard, target costing, life-cycle costing, cost analysis for non-routine decisions, how to make capital budgeting decisions, and much more. The authors cover all important issues that relate to budgeting and affect company profitability. An appendix presents tables that account for the time value of money, and a glossary gives definitions of specialized cost management terms.