Cost Management

Cost Management, 5th Edition, provides an introduction to cost accounting and explores its function in organizational decision-making. The textbook presents functional-based cost and control before transitioning to activity-based cost systems, equipping students with the competencies needed to operate varied cost systems.

In addition to traditional cost systems, the volume explores emerging developments in contemporary business. Key subjects include the application of data analytics in cost management alongside global issues such as virtual currency.

To facilitate comprehension, the work incorporates structured examples drawn from familiar companies. These examples highlight real-world relevance and illustrate how cost accounting operates across operational settings.