Cost Management : Measuring, Monitoring, and Motivating Performance, Third Canadian Edition

Cost Management: Measuring, Monitoring, and Motivating Performance, Third Canadian Edition was written to help students learn to appropriately apply cost accounting methods in a variety of organizational settings. To achieve this goal, students must also develop professional competencies, such as strategic/critical thinking, risk analysis, decision making, ethical reasoning and communication. This is in line with the CPA curriculum and the content of this edition and the problem materials is mapped to the CPA. Many students fail to recognize the assumptions, limitations, behavioural implications, and qualitative factors that influence managerial decision making. The textbook is written in an engaging step-by-step style that is accessible to students. The authors are proactive about addressing the challenges that instructors and students face in their teaching and learning endeavors. They utilize features such as realistic examples, real ethical dilemmas, self-study problems and unique problem material structured to encourage students to think about accounting problems and problem-solving more complexly. "Cost Management: Measuring, Monitoring, and Motivating Performance, Third Canadian Edition, was written to help students learn to appropriately apply cost accounting methods in a variety of organizational settings. To achieve this goal, students must also develop professional competencies, such as strategic/critical thinking, risk analysis, decision making, ethical reasoning, and communication. Most textbooks focus on content knowledge and then expect students to "gmagically"̂ demonstrate professional competencies. As an author team, we bring to this textbook extensive knowledge about cost accounting as well as about the best approaches for teaching and learning professional competencies. This textbook bridges the gap between typical student performance and what we would like students to be able to do by: maintaining a central focus on business decision making; explicitly addressing risk and biases; adopting a writing style that is accessible and interesting to students; concentrating on all types of organizations; focusing on ethical reasoning; simultaneously challenging and guiding students to learn."--Preface