Cost Accounting A Managerial Emphasis
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Author: Charles T. Horngren
Description
Cost accounting provides key data to managers for planning and controlling, as well
as costing products, services, even customers. This book focuses on how cost accounting
helps managers make better decisions. By focusing on basic concepts, analyses, uses, and procedures
instead of procedures alone, it recognize cost accounting as a managerial tool for business
strategy and implementation.
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COST MANAGEMENT ACCOUNTING
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Description
Cost Accounting helps the business to ascertain the cost of production/services offered by the organization
and also provides valuable information for taking various decisions and also for cost control and cost
reduction.
Management Accounting helps the management to conduct the business in a more effi cient manner.
Learning Objectives
After studying this topic, you should be able to,
1. Understand the concept of Financial Accounting,
Cost Accounting and Management Accounting.
2. Understand role of Financial Accounting, Cost
Accounting and Management Accounting.
3. Understand the various concepts in the three types of
Accounting Systems.
4. Understand the difference between the three systems
of Accounting.
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