Synopsis

Introduce your students to the dynamic, exciting nature of cost management as this edition demonstrates how today's conditions consistently require change in cost management systems. Hansen/Mowen/Guan's COST MANAGEMENT: ACCOUNTING AND CONTROL, Sixth Edition, first covers functional-based cost and control and then activity-based cost systems, giving students the understanding and skills to manage any cost management system. This edition's expansive coverage and consistent attention to technical detail provides a thorough, well-researched foundation for learning. It addresses the most recent influential topics and emerging processes affecting the discipline, including a new chapter on lean accounting and a focus on technology tools that positively impact internal costing practices.

Booknews

An undergraduate text on traditional and contemporary approaches to cost management, accounting, and control. Coverage includes foundation concepts, functional-based and activity-based costing, and decision making. Themes throughout include a historical perspective, value chain analysis, and accounting and cost management systems. A service sector focus is maintained, and there is material on behavioral and ethical issues. Includes worked problems, exercises, discussion and writing questions, and spreadsheet template problems. Can also be used at the graduate level. The authors are affiliated with Oklahoma State University. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Biography

Dr. Don R. Hansen is Professor of Accounting at Oklahoma State University. He received his PhD from the University of Arizona in 1977. He has an undergraduate degree in mathematics from Brigham Young University. His research interests include activity-based costing and mathematical modeling. He has published articles in accounting and engineering journals including THE ACCOUNTING REVIEW, JOURNAL OF MANAGEMENT RESEARCH, ACCOUNTING HORIZONS, and IIE TRANSACTIONS. He also served on the editorial board of THE ACCOUNTING REVIEW. His outside interests include taking part in family and church activities, reading, watching movies, watching sports, and studying Spanish.

Dr. Maryanne M. Mowen is Associate Professor of Accounting at Oklahoma State University. She received her PhD from Arizona State University. With degrees in economics and history, Dr. Mowen brings a unique interdisciplinary perspective to teaching and writing in both cost accounting and management accounting. Her research interests include management accounting, behavioral decision theory, and Sarbanes-Oxley compliance, and she teaches an ethics course about the impact of Sarbanes-Oxley on the accounting profession. She has published articles in journals such as DECISION SCIENCE, JOURNAL OF ECONOMIC PSYCHOLOGY, and JOURNAL OF MANAGEMENT ACCOUNTING RESEARCH. Dr. Mowen has served as a consultant to midsized and Fortune 100 companies and works with corporate controllers on management accounting issues. Outside the classroom, she enjoys hiking, traveling, reading mysteries, and solving crossword puzzles.

Dr. Liming Guan is Associate Professor of Accounting at the University of Hawaii at Manoa. He received his Ph.D. in accounting from Oklahoma State University in 2001. Dr. Guan has a bachelor's degree in management science and master's degree in agricultural economics. His research interests are in the areas of earnings management and accounting systems design. He has published more than 20 articles in journals such as ADVANCES IN ACCOUNTING, JOURNAL OF INTERNATIONAL ACCOUNTING RESEARCH, JOURNAL OF INTERNATIONAL FINANCIAL MANAGEMENTAND ACCOUNTING, JOURNAL OF FORENSIC ACCOUNTING, ACM DATABASE, and INTERNATIONAL JOURNAL OF ACCOUNTING INFORMATION SYSTEMS. Outside the classroom, Dr. Guan enjoys swimming, hiking, reading, and watching the History Channel.