Descripciones mejoradas de Syndetics:

This book provides the most practical, real-world presentation of cost accounting on the market by blending a traditional and proven method of teaching cost accounting with the integration of innovative topics. A flexible organization and clear presentation allows students to clearly understand difficult topics. The revised organizational structure streamlines chapter materials as well as reduces redundancy between cost accounting and other business courses.

Tabla de contenidos provista por Syndetics

• Part 1 Overview(p. 1)
• Chapter 1 Introduction to Cost and Management Accounting in a Global Business Environment(p. 2)
• Learning Objectives(p. 2)
• Introducing ABN AMRO Bank(p. 3)
• Introduction to Cost Accounting(p. 3)
• The Global Environment of Business(p. 9)
• Organizational Strategy(p. 16)
• Influences on Organizational Strategy(p. 18)
• Responses to Competition(p. 22)
• Role of Accounting in Organizations(p. 24)
• Revisiting ABN AMRO Bank(p. 28)
• Chapter Summary(p. 29)
• Chapter 2 Introduction to Cost Management Systems(p. 40)
• Learning Objectives(p. 40)
• Introducing Motorola, Inc.(p. 41)
• Introduction to Management Information and Control Systems(p. 42)
• Defining a Cost Management System(p. 45)
• Designing a Cost Management System(p. 48)
• Elements of a Cost Management System(p. 55)
• CMS Implementation(p. 61)
• Revisiting Motorola, Inc.(p. 62)
• Chapter Summary(p. 63)
• Appendix Cost Management System Conceptual Design Principles(p. 64)
• Part 2 Systems and Methods of Product Costing(p. 75)
• Chapter 3 Organizational Cost Flows(p. 76)
• Learning Objectives(p. 76)
• Introducing Wisconsin Film and Bag(p. 77)
• Cost Classifications on the Financial Statements(p. 78)
• The Conversion Process(p. 79)
• Stages of Production(p. 82)
• Cost Reactions to Changes in Activity(p. 83)
• Components of Product Cost(p. 89)
• Accumulation and Allocation of Overhead(p. 95)
• Accumulation of Product Costs--Actual Cost System(p. 100)
• Cost of Goods Manufactured and Sold(p. 102)
• Accumulation of Product Costs--Normal Cost System(p. 103)
• Revisiting Wisconsin Film and Bag(p. 105)
• Chapter Summary(p. 106)
• Appendix Plantwide versus Departmental Overhead Application Rates(p. 107)
• Solution Strategies(p. 110)
• Demonstration Problem(p. 112)
• Problems(p. 122)
• Chapter 4 Activity-Based Cost Systems for Management(p. 130)
• Learning Objectives(p. 130)
• Introducing Carrier Corporation(p. 131)
• Activity-Based Management(p. 132)
• Cost Driver Analysis(p. 136)
• Activity-Based Costing(p. 141)
• Determining Whether ABC is Appropriate(p. 147)
• Criticisms of Activity-Based Costing(p. 150)
• Revisiting Carrier Corporation(p. 152)
• Chapter Summary(p. 152)
• Solution Strategies(p. 154)
• Demonstration Problem(p. 154)
• Problems(p. 160)
• Chapter 5 Job Order Costing(p. 172)
• Learning Objectives(p. 172)
• Introducing Aker Gulf Marine(p. 173)
• Methods of Product Costing(p. 174)
• Job Order Costing System(p. 176)
• Job Order Costing: Details and Documents(p. 177)
• Job Order Costing and Technology(p. 183)
• Job Order Costing Illustration(p. 184)
• Job Order Costing Using Standard Costs(p. 187)
• Job Order Costing to Assist Managers(p. 190)
• Revisiting Aker Gulf Marine(p. 192)
• Chapter Summary(p. 193)
• Solution Strategies(p. 194)
• Demonstration Problem(p. 194)
• Problems(p. 204)
• Chapter 6 Process Costing(p. 218)
• Learning Objectives(p. 218)
• Introducing Lumina Candles and Art(p. 219)
• Introduction to Process Costing(p. 220)
• Weighted Average and FIFO Process Costing Methods(p. 222)
• EUP Calculations and Cost Assignments(p. 224)
• Process Costing in a Multidepartment Setting(p. 233)
• Process Costing with Standard Costs(p. 235)
• Hybrid Costing Systems(p. 238)
• Revisiting Lumina Candles and Art(p. 239)
• Chapter Summary(p. 240)
• Appendix Alternative Calculations of Weighted Average and FIFO Methods(p. 241)
• Solution Strategies(p. 242)
• Demonstration Problem(p. 243)
• Problems(p. 251)
• Chapter 7 Special Production Issues: Lost Units and Accretion(p. 260)
• Learning Objectives(p. 260)
• Introducing General Electric Company(p. 261)
• Loss of Units(p. 262)
• Types of Lost Units(p. 263)
• Accounting for Lost Units(p. 265)
• Illustrations of Lost Units(p. 266)
• Defective Units(p. 274)
• Defects/Spoilage in Job Order Costing(p. 275)
• Accretion(p. 277)
• Controlling Quality to Minimize Lost Units(p. 279)
• Revisiting General Electric Company(p. 282)
• Chapter Summary(p. 283)
• Solution Strategies(p. 284)
• Demonstration Problem(p. 285)
• Problems(p. 291)
• Chapter 8 Implementing Quality Concepts(p. 302)
• Learning Objectives(p. 302)
• Introducing Solectron Corporation(p. 303)
• What is Quality(p. 304)
• Benchmarking(p. 309)
• Total Quality Management(p. 310)
• Types of Quality Costs(p. 314)
• Measuring the Cost of Quality(p. 317)
• Obtaining Information from the Cost Management System(p. 321)
• Quality as an Organizational Culture(p. 322)
• Revisiting Solectron Corporation(p. 324)
• Chapter Summary(p. 325)
• Appendix International Quality Standards(p. 326)
• Solution Strategies(p. 328)
• Demonstration Problem(p. 328)
• Problems(p. 334)
• Chapter 9 Cost Allocation for Joint Products and By-Products(p. 342)
• Learning Objectives(p. 342)
• Introducing Buckhead Beef Company(p. 343)
• Outputs of a Joint Process(p. 344)
• The Joint Process(p. 345)
• Management Decisions Regarding Joint Processes(p. 348)
• Allocation of Joint Cost(p. 350)
• Accounting for By-Products and Scrap(p. 357)
• By-Products or Scrap in Job Order Costing(p. 360)
• Joint Costs in Service and Not-for-Profit Organizations(p. 362)
• Revisiting Buckhead Beef Company(p. 362)
• Chapter Summary(p. 363)
• Solution Strategies(p. 364)
• Demonstration Problem(p. 364)
• Problems(p. 373)
• Chapter 10 Standard Costing(p. 380)
• Learning Objectives(p. 380)
• Introducing Commerce Bancorp(p. 381)
• Development of a Standard Cost System(p. 382)
• Variance Computations(p. 387)
• Material and Labor Variance Computations(p. 389)
• Overhead Variances(p. 392)
• Standard Cost System Journal Entries(p. 398)
• Why Standard Cost Systems Are Used(p. 401)
• Considerations in Establishing Standards(p. 405)
• Changes in Standards Usage(p. 406)
• Conversion Cost as an Element in Standard Costing(p. 408)
• Revisiting Commerce Bancorp(p. 410)
• Chapter Summary(p. 411)
• Appendix Mix and Yield Variances(p. 412)
• Solution Strategies(p. 417)
• Demonstration Problem(p. 420)
• Problems(p. 428)
• Part 3 Planning and Controlling(p. 441)
• Chapter 11 Absorption/Variable Costing and Cost-Volume-Profit Analysis(p. 442)
• Learning Objectives(p. 442)
• Introducing Torrington Supply Co.(p. 443)
• An Overview of Absorption and Variable Costing(p. 443)
• Absorption and Variable Costing Illustrations(p. 446)
• Comparison of the Two Approaches(p. 450)
• Definition and Uses of CVP Analysis(p. 451)
• The Break-Even Point(p. 451)
• Formula Approach to Breakeven(p. 454)
• Using Cost-Volume-Profit Analysis(p. 455)
• The Income Statement Approach(p. 460)
• Incremental Analysis for Short-Run Changes(p. 461)
• CVP Analysis in a Multiproduct Environment(p. 463)
• Margin of Safety(p. 465)
• Operating Leverage(p. 467)
• Underlying Assumptions of CVP Analysis(p. 469)
• Quality and Costs(p. 470)
• Revisiting Torrington Supply Co.(p. 471)
• Chapter Summary(p. 472)
• Appendix Graphic Approaches to Breakeven(p. 473)
• Solution Strategies(p. 478)
• Demonstration Problem(p. 479)
• Problems(p. 485)
• Chapter 12 Relevant Costing(p. 498)
• Learning Objectives(p. 498)
• Introducing PricewaterhouseCoopers(p. 499)
• The Concept of Relevance(p. 500)
• Sunk Costs(p. 502)
• Relevant Costs for Specific Decisions(p. 504)
• Revisiting PricewaterhouseCoopers(p. 521)
• Chapter Summary(p. 521)
• Appendix Linear Programming(p. 522)
• Solution Strategies(p. 528)
• Demonstration Problem(p. 529)
• Problems(p. 539)
• Chapter 13 The Master Budget(p. 550)
• Learning Objectives(p. 550)
• Introducing The HON Company(p. 551)
• The Budgeting Process(p. 552)
• The Master Budget(p. 556)
• The Master Budget Illustrated(p. 559)
• Concluding Comments(p. 575)
• Revisiting The HON Company(p. 577)
• Chapter Summary(p. 578)
• Appendix The Budget Manual(p. 578)
• Solution Strategies(p. 579)
• Demonstration Problem(p. 581)
• Problems(p. 588)
• Chapter 14 Capital Budgeting(p. 600)
• Learning Objectives(p. 600)
• Introducing Amazon.com(p. 601)
• Use of Cash Flows in Capital Budgeting(p. 602)
• Cash Flows Illustrated(p. 603)
• Discounting Future Cash Flows(p. 606)
• Discounted Cash Flow Methods(p. 607)
• The Effect of Depreciation on After-Tax Cash Flows(p. 612)
• Assumptions and Limitations of Methods(p. 615)
• The Investment Decision(p. 615)
• Ranking Multiple Capital Projects(p. 620)
• Ranking Projects Under Capital Rationing(p. 625)
• Compensating for Risk in Capital Project Evaluation(p. 627)
• Postinvestment Audit(p. 631)
• Revisiting Amazon.com(p. 632)
• Chapter Summary(p. 632)
• Appendix 1 Time Value of Money(p. 634)
• Appendix 2 Accounting Rate of Return(p. 635)
• Solution Strategies(p. 637)
• Demonstration Problem(p. 638)
• Problems(p. 648)
• Chapter 15 Financial Management(p. 660)
• Learning Objectives(p. 660)
• Introducing Lucent Technologies(p. 661)
• Cost Control Systems(p. 661)
• Committed Fixed Costs(p. 671)
• Discretionary Costs(p. 672)
• Controlling Discretionary Costs(p. 677)
• Activity-Based Budgeting(p. 682)
• Cash Management Issues(p. 683)
• Revisiting Lucent Technologies(p. 686)
• Chapter Summary(p. 686)
• Appendix Program and Zero-Base Budgeting(p. 687)
• Solution Strategies(p. 690)
• Demonstration Problem(p. 691)
• Problems(p. 699)
• Part 4 Decision Making(p. 709)
• Chapter 16 Innovative Inventory and Production Management Techniques(p. 710)
• Learning Objectives(p. 710)
• Introducing Alexander Doll Co.(p. 711)
• Important Sets of Relationships in the Value Chain(p. 712)
• Buying or Producing and Carrying Inventory(p. 713)
• Purchasing Techniques(p. 714)
• Understanding and Managing Production Activities and Costs(p. 717)
• Theory of Constraints(p. 740)
• Revisiting Alexander Doll Co.(p. 742)
• Chapter Summary(p. 743)
• Appendix EOQ and Related Issues(p. 744)
• Solution Strategies(p. 748)
• Demonstration Problem(p. 749)
• Problems(p. 756)
• Chapter 17 Emerging Management Practices(p. 762)
• Learning Objectives(p. 762)
• Introducing CarPoint(p. 763)
• The Changing Workplace(p. 764)
• Enterprise Resource Planning Systems (ERP)(p. 771)
• Strategic Alliances(p. 775)
• Open-Book Management(p. 777)
• Environmental Management Systems(p. 782)
• Revisiting CarPoint(p. 784)
• Chapter Summary(p. 785)
• Chapter 18 Responsibility Accounting and Transfer Pricing in Decentralized Organizations(p. 796)
• Learning Objectives(p. 796)
• Introducing Abbott Laboratories(p. 797)
• Decentralization(p. 797)
• Responsibility Accounting Systems(p. 801)
• Basic Types of Responsibility Centers(p. 806)
• Pseudo and Real Microprofit Centers(p. 811)
• Service Department Cost Allocation(p. 812)
• Service Department Cost Allocation Illustration(p. 816)
• Transfer Pricing(p. 823)
• Transfer Prices for Service Departments(p. 830)
• Advantages and Disadvantages of Service Transfer Prices(p. 830)
• Transfer Prices in Multinational Settings(p. 832)
• Revisiting Abbott Laboratories(p. 834)
• Chapter Summary(p. 834)
• Solution Strategies(p. 836)
• Demonstration Problem(p. 837)
• Problems(p. 844)
• Part 5 Evaluating Performance(p. 855)
• Chapter 19 Measuring Short-Run Organizational Performance(p. 856)
• Learning Objectives(p. 856)
• Introducing Wachovia(p. 857)
• Organizational Roles of Performance Measures(p. 858)
• Designing a System of Performance Measurement(p. 862)
• Traditional Short-Term Financial Performance Measures(p. 866)
• Revisiting Wachovia(p. 878)
• Chapter Summary(p. 878)
• Solution Strategies(p. 879)
• Demonstration Problem(p. 880)
• Problems(p. 887)
• Chapter 20 Measuring Long-Run and Nonfinancial Organizational Performance(p. 898)
• Learning Objectives(p. 898)
• Introducing WMC Limited(p. 899)
• Vision and Mission Statements(p. 899)
• Differences in Perspectives(p. 901)
• Nonfinancial Performance Measures(p. 903)
• Throughput as a Nonfinancial Performance Measure(p. 908)
• Activity-Based Management and Performance Evaluation(p. 910)
• Performance Evaluation in Multinational Settings(p. 912)
• Using a Balanced Scorecard for Measuring Performance(p. 914)
• Revisiting WMC Limited(p. 918)
• Chapter Summary(p. 918)
• Appendix 1 Developing Comprehensive Performance Indicators(p. 919)
• Appendix 2 Performance Measurement Areas and Cost Drivers(p. 920)
• Solution Strategies(p. 922)
• Demonstration Problem(p. 922)
• Problems(p. 925)
• Chapter 21 Rewarding Performance(p. 928)
• Learning Objectives(p. 928)
• Introducing Meridia Health System(p. 929)
• Compensation Strategy(p. 930)
• Pay-for-Performance Plans(p. 932)
• Considerations in Setting Performance Measures(p. 936)
• Managerial Compensation(p. 940)
• Not-for-Profit and Governmental Compensation(p. 942)
• Tax Implications of Compensation Elements(p. 942)
• Ethical Considerations of Compensation(p. 944)
• Global Compensation(p. 948)
• Revisiting Meridia Health System(p. 949)
• Chapter Summary(p. 950)
• Solution Strategies(p. 951)
• Appendix A Present Value Tables(p. 1)
• Glossary(p. 1)
• Author Index(p. 1)
• Organization Index(p. 4)
• Subject Index(p. 8)