This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that the cost information provided will help them plan and control the activities for which they are responsible and also make strategic decisions in the most effective way. Whether you are in a manufacturing or service organisation, the book will help you to answer the four questions: What did it cost? What should it have cost? How can we improve? What is our next strategic move? No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge of analyzing cost in a strategic context.
Roger Hussey is a Fellow of the Association of Chartered Certified Accountants (FCCA) and received his MSc in Industrial Relations and PhD in Financial Communications from University of Bath, UK. He worked as a management accountant in industry for several years before moving to the Industrial Unit at St Edmund Hall, Oxford University, as Director of Research into Employee Communications. Following a six-year period at Oxford University, he accepted a position at the University of the West of England as Deloitte and Touche Professor of Financial Reporting. Audra Ong is Associate Professor of Accounting at the University of Windsor, Canada. She received her PhD in Accounting from the University of the West of England, her MBA from the University of Wales, Cardiff, and her BSc in Accounting from Queen's University of Belfast (UK). She is Fellow of the Institute of Chartered Secretaries & Administrators (ICSA), Canada. Audra has published in professional and academic journals and presented papers at numerous national and international conferences.