Setting the stage: the importance of analyzing and managing costs -- Cost management and management of the value chain -- Product costing systems: concepts and design issues -- Cost accumulation for job-shop and batch production operations -- Activity-based management -- Activity-based costing systems -- Activity-based management -- Managing customer profitability -- Manageing quality and time to create value -- Process costing and cost allocation -- Process-costing systems -- Joint-process costing -- Managing and allocating support-service costs -- Planning and decision making -- Financial and cost-volume-profit models -- Cost management and decision making -- Strategic illues in making long-term capital investment decistions -- Budgeting and financial planning -- Evaluating and manageing performance: creating and managing value-added effort -- Standard costing, variance analysis, and kaizen costing -- Flexible budgets, overhead cost management, and activity based budgeting -- Organizational design, responsibility accounting, and evaluation of divisional performance -- Transfer pricing -- Using lead and lag measures to communicate, motivate, and evaluate -- Incentive systems and performance evaluation