Description
ACCOUNTING AND COST MANAGEMENT
Book Summary
This work offers a comprehensive and practical guide to cost accounting, an essential tool for business decision-making. The authors, Oriol Amat and Pilar Soldevila, present everything from basic concepts to advanced techniques for designing an effective cost system. The reader will find clear explanations of cost typologies, calculation systems, budgeting, and cost reduction methods, all accompanied by solved examples and practical exercises. An essential resource for students and professionals looking to optimize their organization's economic management.
What is it about?
The book addresses cost accounting as a strategic tool for business management. It begins with fundamental concepts, such as the classification of costs into direct, indirect, fixed, variable, sunk, and relevant costs. It then explores the main cost calculation systems, including direct costing, job-order costing, process costing, full costing by sections, and the ABC (Activity Based Costing) system. It is also dedicated to the preparation of budgets and standard costs, as well as the calculation and analysis of variances. Quality and non-quality costs are covered, and cost management for decision-making is explored in depth, with cost reduction techniques. Finally, it analyzes the impact of new technologies (digitalization, artificial intelligence) and trends in sustainability and social aspects on cost management.
Main Topics
- Classification and typology of business costs
- Cost calculation systems: direct costing, job-order, process, full costing by sections, and ABC
- Preparation of budgets and standard costs
- Variance analysis and management control
- Quality and non-quality costs
- Cost reduction and process optimization techniques
- Impact of digitalization, artificial intelligence, and sustainability on cost management
Who is it recommended for?
This book is aimed at students of business administration, accounting, and finance, as well as accounting and finance professionals who wish to delve deeper into cost management. It is also highly useful for executives, managers, and entrepreneurs who are looking for practical tools to improve profitability and decision-making in their organizations.
What this book provides
- It provides a solid foundation from basic concepts to advanced cost accounting techniques.
- It offers solved examples and practical exercises that facilitate the immediate application of knowledge.
- It helps improve strategic decision-making regarding prices, products, and processes.
- It incorporates the latest trends in digitalization, artificial intelligence, and sustainability applied to cost management.
Data Sheet
- Author: ORIOL AMAT I PILAR SOLDEVILA
- Publisher: PROFIT
- Language: cat
- Topic: COST ACCOUNTING
- Collection: FONDO
- Binding: Paperback
- Edition date: September 2024
- Number of pages: 344
- Weight: 968 g
Editorial Review
This work is presented as a reference manual on cost accounting, combining theoretical rigor with an eminently practical approach. The progressive structure and the inclusion of solved examples facilitate learning, while the coverage of current topics such as digitalization and sustainability makes it an updated and relevant tool. It is recommended reading both for those just starting in the field and for professionals who wish to update their knowledge in cost management.