Fundamentals of Cost Accounting 6th
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Book Description:
Explore the essentials of cost accounting with William Lanen’s “Fundamentals of Cost Accounting, 6th Edition” (ISBN: 978-1260708752). This updated version from McGraw-Hill Education delves into FASB changes, offering in-depth and practical insights into cost control and management.
Fundamentals of Cost Accounting 6th Edition
ISBN: 978-1260708752
Author: William Lanen
Publisher: McGraw-Hill Education
Description: Fundamentals of Cost Accounting offers a thorough introduction to cost accounting principles and practices. The sixth edition is updated to include the latest developments, including changes introduced by the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC). It focuses on the practical application of cost accounting in the business sphere, ensuring readers understand both the how and the why behind each concept.
The book is organized into four key parts:
- Part 1: Introduction to Cost Accounting – Sets the foundation with basic concepts.
- Part 2: Cost Allocation and Control – Discusses the allocation of costs and how they are controlled within organizations.
- Part 3: Cost Management – Explores different strategies for cost management.
- Part 4: Special Topics in Cost Accounting – Delves into more specialized topics in the field.
Each section is designed to provide comprehensive coverage of the subject matter, with easy-to-understand chapters that explain complex accounting procedures clearly and concisely.
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