Controller's Guide To Costing

Controller's Guide to Costing is a comprehensive source for all issues related to cost accounting, detailing aspects of creating costing systems, how cost accounting systems work, interpreting the results, and how the resulting information can be used, including:

• Provides an overview of various costing methodologies.
• Written in easy to understand language—from one controller to another.
• Includes information on application, implementation, reporting, problems that can arise, and example case studies.

Bragg has been the CFO or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte & Touche, and has written 20 books on accounting-related topics. He presents a practical text for controllers, treasurers, accountants, financial analysis personnel, and auditors, providing the necessary knowledge base for understanding a company's cost structure. Coverage includes discussion of every major costing methodology, including the traditional job and process costing concepts, direct costing, standard costing, and several inventory layering techniques; specialized costing methodologies; a costing systems summary identifying which technique to use for a different objective; and specific recommendations for key management decisions, such as outsourcing, cost reduction analysis, scrap costing, and capacity utilization. Annotation ©2004 Book News, Inc., Portland, OR

STEVEN M. BRAGG, CPA, CMA, CIA, CPIM, has been the CFO or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte & Touche. He received a master's degree from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. Mr. Bragg resides in Centennial, Colorado. He has written over twenty books, including Accounting Best Practices, Accounting Reference Desktop, and Controllership: The Work of the Managerial Accountant, all from Wiley.