Handbook of Cost Management, Second Edition covers all of the essential topics in cost management and accounting. It includes conventional topics, such as job costing and cost allocation, as well as such current topics as balanced scorecard, economic value added, logistics and marketing cost, theory of constraints, inter-organizational costing, and the cost of quality.
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Preface.
About the Editors.
Contributors.
1. Glossary of Cost Management Concepts (Roman L. Weil).
2. Economic Concepts of Cost in Managerial Accounting (Gordon
Shillinglaw and Roman L. Weil).
3. Different Costs for Different Purposes (Russell A. Taussig
and Roman L. Weil).
4. Accounting Magic (Roman L. Weil).
5. Mathematical Concepts in Cost Accounting (Joel S.
Demski).
6. Activity-Based Costing and Management (Michael W. Maher).
7. Target Costing for New Product Development.
8. Kaizen Costing for Existing Products (Robin Cooper and Regine
Slagmulder).
9. Interorganizational Costing (Robin Cooper and Regine
Slagmulder).
10. Costs and Benefits of Quality Improvement (Christopher D.
Ittner and David F. Larcker).
11. Logistics and Marketing Costs (James M. Reeve).
12. Estimating Cost Behavior (Michael W. Maher and M. Laurentius
Marais).
13. Spoilage, Waste, and Scrap, Including Green Accounting
(William N. Lanen).
14. Job, Process, and Operations Costing (Michael W. Maher).
15. Standard Costing Systems (James A. Largay III).
16. Allocations of Cost and Revenue (Roman L. Weil)
17. Cost-Volume-Profit Analyses (Nicholas Dopuch and Michael W.
Maher).
18. Forecasting Pro Formal Financial Statements (James M.
Wahlen).
19. Operating Budgets and Budgeting-Benefits and Costs (Michael
D. Shields).
20. Theory of Constraints (Eric Noreen).
21. Capital Budgeting: Concepts and Methods (Roman L. Weil).
22. Capital Budgeting: Implementation (Roman L. Weil).
23. Compound Interest: Concepts and Applications (Roman L.
Weil).
24. Performance Evaluation in Decentralized Organizations
(Michael W. Maher).
25. The Balanced Scorecard and Nonfinancial Performance Measures
(Michael W. Maher).
26. Economic Value Added (EVA®) (James J. Wallace).
27. Transfer Pricing (Michael W. Maher).
28. A Managerial Accounting Guide for Nonprofit Managers (Leslie
G. Eldenburg and Naomi Soderstrom).
29. Introduction to Costs in Litigation (Elizabeth A.
Evans).
30. The Historical Development of Management Accounting (Richard
Vangermeersch and Henry R. Schwarzbach).
31. Corporate Scandals: The Accounting Underpinnings (Kathleen
Fitzgerald and Roman L. Weil).
Appendix: Compound Interest, Present Value, and Annuity
Tables.
Index.
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ROMAN L. WEIL, Ph D, CMA, CPA, is V. Duane Rath Professor of
Accounting at the Graduate School of Business of the University of
Chicago. He is co-director of the Chicago/Wharton/Stanford law
School Directors’ Consortium.
He received his BA in Economics and Mathematics from Yale
University in 1962. He received his MS in Industrial Administration
in 1965 and Ph D in Economics in 1966, both from Carnegie-Mellon
University. He joined the faculty at the University of Chicago in
1965, where he has held positions in Mathematical Economics,
Management and Information Sciences, Accounting, and in the Law
School. He directs the University’s Directors’ College, which
trains corporate board members to do their jobs better; his won
specialty in that training focuses on financial literacy. He
co-founded The Directors’ Consortium, a joint venture of Chicago,
Stanford Law School, and The Wharton School.
He has been a CPA in Illinois since 1973 and a CMA since 1974. He
has served on the faculties of the Georgia Institute of Technology,
New York University Law School, and Stanford University in its
Graduate School of Business, Economics Department, and Law School.
At Stanford, he has, since its inception, organized the sessions at
Directors’ College on Audit Committee duties. He has served
on the Board of Academic Advisors of the U.S. Business School in
Prague and has taught there. He has served on the accrediting
committee of the American Association of Collegiate Schools of
Business. He has designed and implemented continuing education
programs for partners at the accounting firms of Andersen and
Price Waterhouse Coopers, as well as for employees at Goldman Sachs,
Montgomery Ward, Merck, and William Blair, and for business
executives in Great Britain and Singapore.
He has served as editor or associate editor of the Accounting
Review, Communications of the Association for Computing Machinery,
Management Science, Journal of Accounting and Economics, and the
Financial Analysts Journal.
He has co-edited four professional reference books for Mc Graw-Hill,
Simon Schuster, Prentice Hall, and John Wiley & Sons. He has
co-authored more than a dozen textbooks for Holt, Rinehart, and
Winston, The Dryden Press, Harcourt, Brace & Jovanovich, and
Thomson Lear4ning. He is the senior editor of, and contributor to,
the Litigation Services Handbook, now in its third edition. His
articles have appeared in Barron’s and The Wall Street Journal. He
has published more than 80 articles in academic and professional
journals. He has served as the principal investigator on various
research projects of the National Science Foundation.
He served on the Securities and Exchange Commission Advisory
Committee on replacement cost Accounting. At the Financial
Accounting Standards Board, he has served on two task forces-one on
consolidations and the other on interest methods-and on the
Financial Accounting Standards Advisory Council.
He is a member of the American Accounting Association, the
American Economics Association, the American Institute of Certified
Public Accountants, the American Law and Economics Association, the
Illinois Society of Certified Public Accountants, and the Institute
of Management Sciences.
He has consulted to governmental agencies, including the U.S.
Treasury Department and the Securities and Exchange commission. He
has consulted for a variety of private clients.He serves on the
board of directors of mutual funds affiliated with New York Life
Insurance Company and chairs the Audit Committee. he serves on the
Independent Directors Council of the Investment Company Institute,
an advisory group for independent directors of mutual funds.