Cost Accounting: A Managerial Emphasis (Hardcover)

by Charles T. Horngren (Author), George Foster (Author), Srikant M. Datar (Author)

Editorial Reviews

Product Description
This market leader continues the basic theme of all previous editions: "different costs for different purposes." Cost Accounting, Ninth Edition, goes beyond cost accounting procedures and also stresses concepts, analyses and using cost accounting as a management tool.

From the Publisher
This market leader continues the basic theme of all previous editions: "different costs for different purposes." Cost Accounting, Ninth Edition, goes beyond cost accounting procedures and also stresses concepts, analyses and using cost accounting as a management tool.

See all Editorial Reviews

Product Details

• Hardcover: 1012 pages
• Publisher: Prentice Hall; 9th edition (July 31, 1996)
• Language: English
• ISBN-10: 0132329018
• ISBN-13: 978-0132329019
• Product Dimensions: 11.2 x 8.9 x 1.5 inches
• Shipping Weight: 5.8 pounds
• Average Customer Review: 3.6 out of 5 stars See all reviews (56 customer reviews)
• Amazon.com Sales Rank: #2,229,348 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

32 of 32 people found the following review helpful:

5.0 out of 5 stars Cost Accounting by Horngren, February 6, 2004

By	Joseph S. Maresca "Dr. Joseph S. Maresca CPA,... (Bronxville, New York USA) - See all my reviews (TOP 500 REVIEWER)    (REAL NAME)

This review is from: Cost Accounting and Student CD Package, 11th Edition (Hardcover)

A strength of this book is that there are many color diagrams
throughout which illustrate/highlight the material. The treatment
of process cost accounting is thorough and highly simplified
with many detailed examples to illustrate the computation of
equivalent units. In process cost accounting, it is critical
to understand the physical flow of costs, as well as,
interdepartmental transfers and modified cost assumptions.
In addition, there is a thorough treatment of managerial
cost accounting in the areas of discounted cash flow, internal
rate of return, compounding, depreciation and cash flow,
net present value, uncertainty, inflation, capital budgeting,
payback and the accounting rate of return. Lastly, there is
a good treatment of decentralization and transfer pricing.
The book is worth the price of admission. Classic problems
from this text have been replicated on some form or another
on professional and collegiate standardized tests.
This work helps to support what is taught in a collegiate
finance course, as well as the cost accounting element.

The thrust of a cost accounting course is for the B or better
student. There is a fair amount of work in this course.
As such, it is geared for accounting, finance or economics
majors. Quantitatively oriented students will enjoy the presentation as well as a wide constituency of teachers
in academe. Even college administrators would find this
text useful for preparing budget schedules and interdepartmental
cost analyses. Engineering companies would
benefit by having a detailed analyses of process costing and
managerial accounting on individual construction jobs.

17 of 17 people found the following review helpful:

5.0 out of 5 stars A standard text for cost accounting, October 24, 2002

By	Craig Matteson (Ann Arbor, MI) - See all my reviews (TOP 50 REVIEWER)

This review is from: Cost Accounting: A Managerial Emphasis (Charles T. Horngren Series in Accounting) (Hardcover)

If you are looking for a single volume "bible" on cost accounting, this is likely the best book in print today to fit that bill. It is comprehensive in scope yet has many strengths to ease comprehension and aid readability.

The topics are grouped in six main sections each with several chapters on that topic. Since it is unlikely that you will read this reference / text book left to right as you would a novel this organization helps in finding what you are looking for and focusing on the area(s) of interest.

There are many helpful illustrations and a good use of color as well as chapter summaries and all the exercises you could ever hope for.

A very excellent feature is the use of application problems that take you step-by-step through building an Excel spreadsheet. This is tremendously useful.

The web support is also a good help as well as the streaming video vignettes.

I honestly find this topic very interesting and the 11th edition of this book to be a very valuable resource.

10 of 10 people found the following review helpful:

4.0 out of 5 stars Good starting book for Managerial Accounting, February 26, 2007

By	A. VERCO - See all my reviews (REAL NAME)

This review is from: Cost Accounting: A Managerial Emphasis (Hardcover)

Clearly written. Although it assumes some basic knowledge about accounting, the writing technique is such that there is very little background knowledge that you have to go refresh yourself with in order to make sense of the new information. For a novice at accounting like me, this was easy to understand, with good examples and illustrations.