Fundamentals of Cost Accounting(5th edition)
Authors:
William Lanen, Shannon Anderson, Michael Maher
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Book details
ISBN: 978-1259728877, 1259728870, 978-1259565403
Book publisher: McGraw-Hill Education
Book Price $0 : William Lanen, Shannon Anderson, and Michael Maher's 'Fundamentals of Cost Accounting' 5th Edition is an authoritative text that delves deeply into the intricacies of cost accounting principles. This book provides a comprehensive overview and analysis of how cost information is used for management decision-making. Key themes include the importance of accurate cost measurement, budgeting, and the role of cost accounting in business operations. The text is renowned for its clear exposition and accessibility, integrating practical examples and case studies to elucidate complex concepts like activity-based costing, variance analysis, and performance evaluation metrics. With an extensive table of content, each chapter is well-structured, providing a systematic approach to understanding cost accounting methods and applications. The authors have included a solution manual and answer key to reinforce learning and ensure that readers can verify their understanding of intricate calculations and scenarios. Widely used in accounting courses, this book is praised for its rigorous approach and relevance in today’s business environment. Its application-oriented perspective is essential for students and professionals aiming to effectively apply their knowledge in cost management processes. The text's reception is positive, with educators appreciating its pedagogical features and its ability to prepare students for real-world accounting challenges.
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