Introduce cost accounting, its importance in organizational decision making and critical role in business today with the unique approach in Hansen/Mowen/Heitger’s COST MANAGEMENT, 5E. This edition addresses functional-based cost and control and, then, activity-based cost systems – giving readers the skills to manage any cost management system. Updates address emerging developments, including the role of data analytics in cost management today. An entire new chapter also examines global issues, such as virtual currency. The authors use an extensively researched, proven approach that's tailored to the way students learn. Structured examples from familiar companies emphasize the real-world applicability and relevance of topics. Reader-friendly explanations review the conceptual nature of each equation or topic, detailing the "hows," "whys" and "what-ifs" behind cost management concepts. Integrated CNOWv2 resources reinforce concepts with additional computerized exercises and problems.
