Includes bibliographical references (p. B-1 to B-6) and indexes.

Contents: Setting the strategic foundation: The Importance of analyzing and managing costs -- Cost management and strategic decision making -- Product costing systems: concepts and design issues -- Cost accumulation for job- shop and batch production operations -- Activity- based management: Activity- based costing systems -- Activity- based management -- Managing customer profitability -- Managing quality and time to create value -- Process costing and cost allocation: Process- costing systems -- Joint- process costing -- Managing and allocating support-service costs -- Planning and decision making: Cost estimation -- Financial and cost- volume- profit models -- Cost management and decision making -- Strategic issues in making investment decisions -- Budgeting and financial planning -- Evaluating and managing performance creating and managing value- added effort -- Standard costing, variance analysis and Kaizen costing -- Flexible budgets, overhead cost managements, and activity- based budgeting -- Organizational design, responsibility accounting and evaluation of divisional performance -- Transfer pricing -- Strategy, balanced scorecards and incentive systems.