Available

Management and Cost Accounting, 7th Edition

Alnoor Bhimani, The London School of Economics and Political Science

Srikant M. Datar, Harvard University

Madhav V. Rajan, Stanford University

Charles T. Horngren, Edmund W. Littlefield Professor Emeritus of Accounting at Stanford University

Management and Cost Accounting, 7th Edition — View larger

If you're an educator

If you're a student

Overview

Description

This bestseller text offers clear, simple to understand and comprehensive coverage of management and cost accounting for students and professionals. Packed with illustrations, examples and real-life applications, Management and Cost Accounting brings together techniques, concepts and practices in a highly readable way. Keeping its international focus, the text includes a wealth of case studies featuring companies from around the world, and includes up-to-date coverage of AI and robotics and other technology which affects management accounting.

MyLab Accounting is not included. Students, if MyLab Accounting is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab Accounting should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

Features

Up-to-date and comprehensive coverage of digital technologies, including artificial intelligence, robotics, 3-D printing, the Internet of Things, and Big Data analytics.
Expanded and revised sections on strategic management accounting, the balanced scorecard, quality costing, governance and sustainability, as well as aspects of internet entrepreneurship.
A wealth of resources including professional accountancy practice exercises and end-of-chapter questions providing opportunities to learn and develop exam agility.
Harvard Business School and other cutting edge case studies that illustrate how management accounting is deployed in enterprises across locations and situations.
A range of new Concepts in Action boxes and the latest Surveys of Corporate Practices showing how accounting techniques are used by managers in the business world.
Limitless opportunities to practice in MyLab Accounting, where new questions, Excel Project exercises and Case Studies help you apply what you’ve learned. Worked solutions are available showing you how to solve difficult problems.

New to This Edition

Coverage of digital technologies has been revised for the 19th Edition and now includes artificial intelligence, robotics, 3-D printing, the Internet of Things, and Big Data analytics.
Expanded and revised sections on strategic management accounting, the balanced scorecard, quality costing, governance and sustainability, as well as aspects of internet entrepreneurship.
Updated cutting edge case studies that illustrate how management accounting is deployed in enterprises across locations and situations.
A range of new Concepts in Action boxes and the latest Surveys of Corporate Practices showing how accounting techniques are used by managers in the business world.

Contents ix

Guide to the case studies xvi

Preface xix

Authors’ acknowledgements xxii

Publisher’s acknowledgements xxv

PART I Management and cost accounting fundamentals

1 The manager and management accounting 2

2 An introduction to cost terms and purposes 30

3 Job costing 55

4 Process costing 85

5 Cost allocation 124

6 Cost allocation: joint-cost situations 153

7 Income effects of alternative stock-costing methods 179

Part I Case study problems 208

PART II Accounting information for decision making

8 Cost–volume–profit analysis 216

9 Determining how costs behave 244

10 Relevant information for decision making 284

11 Activity-based costing 316

12 Pricing, target costing and customer profitability analysis 349

13 Capital investment decisions 386

Part II Case study problems 416

PART III Planning and budgetary control systems

14 Motivation, budgets and responsibility accounting 424

15 Flexible budgets, variances and management control: I 462

16 Flexible budgets, variances and management control: II 492

17 Measuring yield, mix and quantity effects 526

Part III Case study problems 550

PART IV Management control systems and performance issues

18 Control systems and transfer pricing 556

19 Control systems and performance measurement 585

Part IV Case study problems 615

PART V Strategy, quality, time and emerging issues

20 Strategy, the balanced scorecard and quality 622

21 Accounting, time and efficiency 661

22 Emerging issues: digital technologies, governance and sustainability 704

Part V Case study problems 726

Appendix A: Solutions to selected exercises 742

Appendix B: Notes on compound interest and interest tables 809

Glossary 817

Names index 830

Subject index 832

Resources

Instructor Resources

Management and Cost Accounting 7th edition Instructor's Manual
Bhimani, Horngren, Datar & Rajan
©2019

Format	On-line Supplement
ISBN-13:	9781292232713
Availability	Available

Download Instructor's Manual (application/zip) (4.5MB)

Management and Cost Accounting 7th edition PowerPoint Slides
Bhimani, Horngren, Datar & Rajan
©2019

Format	On-line Supplement
ISBN-13:	9781292232720
Availability	Available

Download PowerPoint Slides (application/zip) (12.8MB)

Websites and online courses

Management and Cost Accounting 7th edition MyLab record
Bhimani, Horngren, Datar & Rajan
©2019

Format	On-line Supplement
ISBN-13:	9781292232706
Availability	Available

MyLab Accounting with Pearson eText - Instant Access - for Management and Cost Accounting 7th edition
Bhimani, Horngren, Datar & Rajan
©2019

Format	Kit/Package/ShrinkWrap
ISBN-13:	9781292232737
Availability	Available

Other Student Resources

Discipline Resources

Format	On-line Supplement
ISBN-13:	9781292135632
Availability	Available

Formats

Paper

book cover — Management and Cost Accounting

Bhimani, Datar, Rajan & Horngren

©2019 | Pearson | 872 pp

Format	Paper
ISBN-13:	9781292232669
Suggested retail price	£49.99
Availability	Available

Digital

Pearson book cover — Management and Cost Accounting 7th edition MyLab record

Bhimani, Horngren, Datar & Rajan

©2019 | Pearson | 1 pp

Format	On-line Supplement
ISBN-13:	9781292232706
Online purchase price	£29.99
Availability	Available

Kits now

Format	Kit/Package/ShrinkWrap
ISBN-13:	9781292232737
Online purchase price	£44.99
Availability	Available

Packages

Featured Packages

Package ISBN-9781292232744

Availability	Available
Online purchase price	£59.17

This package contains:

About the Author(s)

Alnoor Bhimani is Professor of Management Accounting and previous Head of LSE’s Department of Accounting and Director of Entrepreneurship at the London School of Economics and Political Science.

Charles T. Horngren was the Edmund W. Littlefield Professor of Accounting at Stanford University.

Srikant M. Datar is the Arthur Lowes Dickinson Professor of Business Administration and Faculty Chair of the Harvard Innovation Lab at Harvard Business School.

Madhav V. Rajan is the Dean of the Booth School of Business at the University of Chicago.