Language : English
Published : 2015-10-16
Pages : 928
Cost Management: A Strategic Emphasis 7th International Edition
Cost Management: A Strategic Emphasis, by Blocher/Stout/Juras/Cokins is dedicated to answering the question: Why Cost Management? Blocher et al. provide the cost-management tools and techniques needed to support an organisation’s competitiveness, improve its performance, and help the organisation accomplish its strategy. The text is written to help students understand the broader role of cost accounting in helping an organisation succeed and not just the measurement of costs. While the text does include coverage of traditional costing topics (e.g., job-order costing, process costing, service-department cost allocations, and accounting for joint and by-products), its primary strength is the linkage of these topics, as well as more contemporary topics, to an organisation’s strategy. This message is reinforced by a dynamic author team, all four of whom have close ties to current cost management practice.
About the Author
Gary M. Cokins, CPIM, is an internationally recognized expert, speaker, and author in advanced cost management and performance improvement systems. He has received CAM-I’s Robert A. Bonsack Award for Distinguished Contributions in Advanced Cost Management and was the lead author of the highly regarded An ABC Manager’s Primer (Irwin, IMA, CAM-I, 1992.
Combining clear explanations of theory, fully worked examples and a comprehensive set of revision questions, Company Accounting and Financial Statements, sixth edition, provides students with an accessible and practical guide to preparing and interpreting company financial reports.
Thoroughly updated to incorporate the most recent changes in International and Australian Accounting Standards.
Company Accounting and Financial Statements, sixth edition, is suitable for students commencing studies in company accounting and also those studying at more advanced levels. The content has been refocused on the Diploma qualification for Accounting by concentrating on the two performance criteria for the one competency unit:
FNSACC510A FNSACC504APrepare Financial Reports for Corporate Entities
Table of Contents
1. Introduction to Companies
2. Accounting for Share and Debenture Issues
3. Accounting for the conversion of a Business to a Company
4. Finalisation of a Company’s profit and Loss account
5. Accounting for Company Income Tax
6. Appropriation of Company Profits and Changing Shareholders Wealth
7. Corporate Reporting
8. The Cash Flow Statement
9. Consolidated Accounts
10. Consolidation with Non-Controlling Interests
The final word on passive vs. active investing
The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? In The Quest for Alpha: The Holy Grail of Investing, author Larry E. Swedroe puts an end to the debate, proving once and for all that active investing is likely to prove futile as the associated expenses-costs, fees, and time spent analyzing individual stocks and the overall market-are likely to exceed any benefits gained. The book
- Presents research, data, and quotations that reveal it’s extremely difficult to outperform the market
- Explains why investors should focus on asset allocation, fund construction, costs, tax efficiency, and the building of a globally diversified portfolio that minimizes, if not eliminates, the taking of idiosyncratic, uncompensated risks
- Other titles by Swedroe: The Only Guide to Alternative Investments You’ll Ever Need and The Only Guide You’ll Ever Need for the Right Financial Plan
Investors are on a never-ending search for a money manager who will deliver returns above the appropriate risk-adjusted benchmark, aka the “Holy Grail of Investing.” The Quest for Alpha demonstrates that it’s a loser’s game-while it’s possible to win, it’s so unlikely that you shouldn’t try.
This book follows closely to the latest Malaysian Financial Reporting Standards (MFRS). The accounting concepts are concise manner, while the worked examples enable students to apply the concepts learnt. To further enhance student’s understanding, chapters summaries and examination-based exercises (with solutions) are provided at the end of every chapter.
- Chapter 1. Non-current Assets
- Chapter 2. Inventories
- Chapter 3. Non-profit Organizations
- Chapter 4. Correction Errors*
- Chapter 5. Incomplete Record
- Chapter 6. Manufacturing Activities
- Chapter 7. Partnership Account 1
- Chapter 8. Partnership Account 2