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Cost Accounting For Dummies

Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Cost Accounting For Dummies by Kenneth W. Boyd offers a comprehensive, user-friendly guide to understanding the principles and techniques of cost accounting. The book delves into how businesses track, manage, and reduce costs to boost profitability. It explains key concepts like budgeting, cost-volume-profit analysis, and performance metrics, presenting them in an accessible way for beginners and professionals alike.
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Format: Paperback / softback
$5699
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're interested in understanding the fundamentals of cost accounting to improve financial decision-making in a business context. It's ideal for business owners, finance students, or professionals who want to enhance their knowledge of budgeting, controlling costs, and strategic planning using straightforward explanations and practical examples.

Book Hero thinking about your next read

This guide provides in-depth explanations and reviews of the essential cost accounting concepts you'll encounter during a typical cost accounting course. This introduction to the budgeting process will help you get the lowdown on overhead costs and help you make good decisions in running a business.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Take control of overhead, budgeting, and profitability with cost accounting

Cost accounting is one of the most important skills in business, and its popularity as a course in undergraduate and graduate business and management programs speaks to its usefulness. But if you’ve ever felt intimidated by the subject’s jargon or concepts, you can stop worrying. Cost accounting is for everyone!

In Cost Accounting For Dummies, you’ll be taken step-by-step through the basic and advanced topics found in a typical cost accounting class, from how to define costs and how to allocate them to products or services. You’ll learn how to determine if a capital expenditure is worth it and how to design a budget model that forecasts changes in costs based on activity levels.

Whether you’re a student in your first cost accounting course or a professional trying to get a grip on your books, you’ll benefit from:

  • Simple methods to evaluate business risks and rewards
  • Explanations of how to manage and control costs during periods of business change and pivots
  • Descriptions of how to use cost accounting to price IT projects

Cost Accounting For Dummies is the gold standard in getting a firm grasp on the challenging and rewarding world of cost accounting.

Book Details

INFORMATION

ISBN: 9781119856023

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 04 April 2022

Country: United States

Imprint: For Dummies

Edition: 2nd edition

Audience: Professional and scholarly

DIMENSIONS

Spine width: 28.0mm

Width: 185.0mm

Height: 234.0mm

Weight: 590g

Pages: 448

About the Author

Ken Boyd is Co-Founder of Accountinged.com and owns St. Louis Test Preparation. He tutors and coaches people on the principles of accounting and prepares them for challenging accounting licensing exams by making accounting interesting and fun.

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