Cost management: strategies for business decisions (UK Higher Education Business Accounting) - Softcover

This book is an adaptation of the successful US text Cost Management by Hilton,Maher and Selto, written specifically for an international audience.

Major improvements include:

Diverse and truly international examples of organizations - Examples used throughout the book are from all over the world and represent manufacturing, retail, not-for-profit, and service firms in many different countries.

Completely restructured and rewritten text - The book has been rewritten, restructured and also shortened significantly to align content closer with international courses.

Integral use of spreadsheets - Spreadsheet software is used for explaining techniques and making applications more realistic.

In depth research - Summaries of international research studies that address important cost management issues have been updated and more references to recent research findings have been added.

Intuitive explanation of accounting - The authors show directly how events impact the balance sheet and profit and loss account.

Professor Selto has been on the faculty at the University of Colorado at Boulder since 1985, where he has taught accounting at the undergraduate and graduate levels and served as Division Chair of Accounting and Information Systems. Recently appointed as a Research Fellow of the University of Melbourne, Selto has taught at the University of Denver, the University of Colorado at Denver, and the University of Washington. Professor Selto holds MBA and Ph.D. degrees in accounting from the University of Washington, and BS and MS degrees in mechanical engineering, from Gonzaga University and the University of Utah, respectively. Prior to earning his MBA and Ph.D. degrees, he worked as a mechanical engineer and served as an officer in the US Army Corps of Engineers. Active in the American Accounting Association and its Management Accounting Section, Selto was the editor of the Education Research section of The Accounting Review and has served on the editorial boards of The Accounting Review, Journal of Management Accounting Research, Management Accounting Research, and Accounting Horizons. A researcher of management accounting and management control, Selto has published articles in Journal of Accounting Research, Accounting, Organizations and Society, Journal of Cost Management and Journal of Management Accounting Research, one of which was recognized as a Notable Contribution to the Management Accounting Literature.