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The new Second Edition of Cost Management: Managing, Monitoring, and Motivating Performance by Leslie Eldenburg and Susan Wolcott will be available this June through our Wiley Custom Select website. Most Cost Accounting textbooks focus on content knowledge and then expect students to demonstrate skills such as decision-making and critical thinking. Cost Management better prepares students for professional success by bridging the gaps between Knowledge, Skills and Abilities. Authors, Leslie Eldenburg and Susan Wolcott realize that many students fail to recognize the assumptions, limitations, behavioral implications and qualitative factors that influence managerial decision-making. The author team focuses on cost accounting methods, techniques, and the quality of cost accounting information used for decision-making to deliver a thoroughly modern treatment of cost accounting topics. Cost Management is written in a style that is accessible to students through a decision-making framework, use of realistic examples, real ethical dilemmas, self-study problems, and unique problem material structured to encourage them to think about accounting problems and problem-solving.
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