Strategic Cost Analysis.
By: Hussey, Roger.
Contributor(s): Ong, Audra Wei Ming.Material type: TextSeries: eBooks on Demand.Publisher: New York : Business Expert Press, 2014Copyright date: ©2012Edition: 1st ed.Description: 1 online resource (176 pages).Content type: text Media type: computer Carrier type: online resourceISBN: 9781606492406.Subject(s): Cost accounting | cost competencies | job costing | Managerial accounting | service costing | strategic cost | variance analysisAdditional physical formats: Print version:: Strategic Cost AnalysisDDC classification: 657.42 Online resources: Click here to view this ebook.
|Item type||Current location||Call number||URL||Status||Date due||Barcode|
|Electronic Book||UT Tyler Online Online||HF5686.C8 -- H877 2012 (Browse shelf)||http://ebookcentral.proquest.com/lib/uttyler/detail.action?docID=876652||Available||EBC876652|
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|HF5686.C8 The Monetary Value of Time :||HF5686.C8 -- .I563 1988 Cost Accounting.||HF5686.C8 -- .I563 1989 Cost Accounting :||HF5686.C8 -- H877 2012 Strategic Cost Analysis.||HF5686.C8 A76 2010 Methods and techniques of cost accounting :||HF5686.C8 B6765 2014 British cost accounting 1887-1952 :||HF5686.C8.D436 2018 Replacement Costs and Accounting Reform in Post-World War I Germany.|
Contents -- Preface -- Chapter 1: Cost and Strategy -- Chapter 2: Cost Concepts and Methods -- Chapter 3: Establishing Plans -- Chapter 4: Monitoring and Control -- Chapter 5: Managerial Decision Making -- Chapter 6: Strategic Cost Management -- Notes -- References -- Index.
Increasing business competition is compelling managers not only to develop realistic and achievable strategies but also to analyze goals in financial terms and to evaluate performance. Whether in manufacturing, service, or the non-profit sector managers need to know the key methods and techniques of cost analysis. The interaction of the organisation's activities, the influences of the external world and the responsibilities of managers need to be captured in financial terms to plan, control and make decisions. Sales managers, production managers, HR managers, amongst others, are recipients of financial information which they are expected to understand. They need to appreciate the impact of their decisions on costs, selling prices, investment decisions and profit. They must be able to analyse, communicate and act on financial information to be a valuable member of the management team. This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that the cost information provided will help them plan and control the activities for which they are responsible and also make strategic decisions in the most effective way. Whether you are in a manufacturing or service organisation, the book will help you to answer the four questions: What did it cost? What should it have cost? How can we improve? What is our next strategic move? No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge of analyzing cost in a strategic context.
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