Horngren's Cost Accounting, Global Edition (17^th Ed.)

For undergraduate and MBA cost or management accounting courses.
Horngren?s Cost Accounting spells out the cost accounting market and continues to innovate by consistently integrating the most current practice and theory into the text. This acclaimed, market-leading text emphasises the basic theme of ?different costs for different purposes,? and reaches beyond cost accounting procedures to consider concepts, analyses, and management. The 17th Edition incorporates the latest research and most up-to-date thinking into all relevant chapters, so that students are prepared for the rewards and challenges they will face in the professional cost accounting world of today and tomorrow.

1. The Manager and Management Accounting

2. An Introduction to Cost Terms and Purposes

3. Cost–Volume–Profit Analysis

4. Job Costing

5. Activity-Based Costing and Activity-Based Management

6. Master Budget and Responsibility Accounting

7. Flexible Budgets, Direct-Cost Variances, and Management Control

8. Flexible Budgets, Overhead Cost Variances, and Management Control

9. Inventory Costing and Capacity Analysis

10. Determining How Costs Behave

11. Data Analytic Thinking and Prediction

12. Decision Making and Relevant Information

13. Strategy, Balanced Scorecard, and Strategic Profitability Analysis

14. Pricing Decisions and Cost Management

15. Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis

16. Allocation of Support-Department Costs, Common Costs, and Revenues

17. Cost Allocation: Joint Products and Byproducts

18. Process Costing

19. Spoilage, Rework, and Scrap

20. Balanced Scorecard: Quality and Time

21. Inventory Management, Just-in-Time, and Simplified Costing Methods

22. Capital Budgeting and Cost Analysis

23. Management Control Systems, Transfer Pricing, and Multinational Considerations

24. Performance Measurement, Compensation, and Multi-national Considerations

The latest data and research help prepare students for their field

· NEW - A new chapter on data analytics (chapter 11) looks at recent trends in big data and data analytics in predicting costs and making demand forecasts.

· UPDATED - An emphasis on global issues reflects today’s increasingly global business environment.

· UPDATED - A focus on merchandising and service sectors (vs. traditional manufacturing settings) highlights shifts in US and world economies.

· UPDATED - An emphasis on sustainability illustrates one of the critical managerial challenges of the coming decades.

· UPDATED - More focus on the role of accounting concepts and systems examines how to foster and support innovation and entrepreneurial activities in firms.

· UPDATED - An emphasis on the healthcare industry gives students an idea of financial reporting related to hospitals, medical practices, and more.

A solid presentation of concepts and an emphasis on strategy boost students’ understanding of cost accounting

· New - Numbered Chapter Sections, with Check Your Understanding questions, provide a means to review fundamental concepts.

· New - Analytics in Practice describes real applications in business.

· Learning Objectives help students guide their learning efforts.

· Key terms and their definitions assist students as they review the chapter and study for exams.

· Updated - End-of-Chapter Problems and Exercises help reinforce the material covered throughout the chapter and have been revised for added clarity.

· Integrated Cases encourage students to think independently and apply the tools at a higher level of learning.

· New - Appendix in Chapter 1 review