Chio, Jayson T.,

Strategic cost management : a balanced approach to management accounting / Jayson T. Chio, Mark Benedict M. Guia, William Joseph B. Guzma, Jackqui R. Moreno. - First edition. - Manila, Philippines : Rex Book Store, Inc., c2024. - vii, 339 pages : illustrations (black and white) ; 26 cm.

Includes bibliographical references and index.

Chapter one: introduction to management accounting and strategic cost management -- Chapter two: Cost concepts and analysis -- Chapter three: Cost-volume-profit analysis -- Chapter four: Product costing concepts -- Chapter five: Nonroutine decision-making -- Chapter six: Responsibility accounting, transfer pricing, and performance management -- Chapter seven: Budgeting.

"In today's business environment, management accountants are not just cost centers but also strategic partners of management. They are expected to provide management accounting reports that are relevant to addressing the challenges brought about by the ever-changing business environment. Therefore, it is important that future management accountants be provided with an education that covers both traditional and conventional approaches.

This textbook covers relevant topics concerning the management accounting environment. It starts with a discussion of the current environment of the management accounting, followed by the different concepts and applications like CVP analysis, budgeting, responsibility accounting, standard costing, and variance analysis will likewise be covered in this textbook.

Each chapter of this textbook is organized to guide both faculty and students in understanding both the procedural and conceptual aspects of each topic. It includes objectives, topic discussions, concept review exercises, and group discussions among others.

The authors hope that this textbook will be able to make the study of management accounting easy and enjoyable for students of accounting and allied courses." --Preface

Adult


Text in English

9786210451719 [newsprint]


Cost accounting
Managerial accounting

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