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Hilton/Maher/Selto (HMS) addresses traditional cost concepts, but makes cost accounting functional by focusing on measuring and managing costs. HMS maintains that, 'Costs don't just happen', and with a pro-active approach toward costs, accountants can add value to an organization. The real-world approach of this text, including the use of focus companies and the accompanying focus sites, provides a realistic business environment, and aids in student comprehension and interest in the subject.
Table of contents:
Part I Setting the Strategic Foundation: The Importance of Analyzing and
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Produktbeschreibung
Hilton/Maher/Selto (HMS) addresses traditional cost concepts, but makes cost accounting functional by focusing on measuring and managing costs. HMS maintains that, 'Costs don't just happen', and with a pro-active approach toward costs, accountants can add value to an organization. The real-world approach of this text, including the use of focus companies and the accompanying focus sites, provides a realistic business environment, and aids in student comprehension and interest in the subject.

Table of contents:
Part I Setting the Strategic Foundation: The Importance of Analyzing and Managing Costs 1. Cost Management and Strategic Decision Making Evaluating Opportunities and Leading Change 2. Product Costing Systems: Concepts and Design Issues 3. Cost Accumulation for Job-Shop and Batch Production Operations Part II Activity-Based Management 4. Activity-Based Costing Systems 5. Activity-Based Management 6. Managing Customer Profitability 7. Managing Quality and Time to Create Value Part III Process Costing and Cost Allocation 8. Process-Costing Systems 9. Joint-Process Costing 10. Managing and Allocating Support-Service Costs Part IV Planning and Decision Making 11. Cost Estimation 12. Financial and Cost-Volume-Profit Models 13. Cost Management and Decision Making 14. Strategic Issues in Making Long-Term Capital Investment Decisions 15. Budgeting and Financial Planning Part V Evaluating and Managing Performance: Creating and Managing Value-Added Effort 16. Standard Costing, Variance Analysis, and Kaizen Costing 17. Flexible Budgets, Overhead Cost Management, and Activity-Based Budgeting 18. Organizational Design, Responsibility Accounting, and Evaluation of Divisional Performance 19. Transfer Pricing 20. Performance Measurement Systems
Autorenporträt
A Professor of Accounting at Cornell University, Professor Hilton teaches in the areas of managerial accounting and cost management systems. With bachelor''s and master''s degrees in accounting from The Pennsylvania State University, he received his Ph.D. from The Ohio State University. A Cornell faculty member since 1977, Professor Hilton also has taught accounting at Ohio State and the University of Florida, where he held the position of Walter J. Matherly Professor of Accounting. Prior to pursuing his doctoral studies, Hilton worked for Peat, Marwick, Mitchell and Company and served as an officer in the United States Air Force. Professor Hilton is a member of the Institute of Management Accountants and has been active in the American Accounting Association. He has served as associate editor of The Accounting Review and as a member of its editorial board. Hilton also has served on the editorial board of the Journal of Management Accounting Research. He has been a member of the resident faculties of both the Doctoral Consortium and the New Faculty Consortium sponsored by the American Accounting Association. With wide-ranging research interests, Hilton has published articles in many -journals, including the Journal of Accounting Research, The Accounting Review, -Management Science, Decision Sciences, The Journal of Economic Behavior and Organization, Contemporary Accounting Research, and the Journal of Mathematical Psychology. Author of Managerial Accounting, he also has published a monograph in the AAA Studies in Accounting Research series, is a co-author of Budgeting: Profit Planning and Control, and is a co-author of Cost Accounting: Concepts and Mana-ge-rial Applications. Professor Hilton''s current research interests focus on contemporary cost management systems and international issues in managerial accounting. In recent years, he has toured manufacturing facilities and consulted with practicing managerial accountants in North America, Europe, Asia, and Australia.