We are indebted to many people for their ideas and assistance. Our primary thanks go to the many academics and practitioners who have advanced our knowledge of cost accounting. The package of teaching materials we present is the work of skillful and valued team members developing some excellent end-of-chapter assignment material. Tommy Goodwin provided outstanding research assistance on technical issues and current developments. Merle Ederhof was enormously helpful with updating the chapter materials and the assignments and brought her health care experience to bear in highlighting new applications for cost accounting in the book.
We would also like to thank the dedicated and hard-working supplement author team and Integra. The book is much better because of the efforts of these colleagues.
In shaping this edition and past editions we would like to thank all the reviewers and colleagues who have worked closely with us and the editorial team. We extend special thanks to those who contributed to the development of Chapter 11, which is new to this edition: Mark Awada, Pascal Bizzaro, Caitlin Bowler, Rachel Caruso, Mahendra Gujarathi, Paul Hamilton, John Harris, Donna McGovern, Tatiana Sandino, and V.G. Narayanan.
We thank the people at Pearson for their hard work and dedication, including Lacey Vitetta, Ellen Geary, Sara Eilert, Christopher DeJohn, Michael Trinchetto, Claudia Fernandes, Stacey Miller, and Martha LaChance. This book and support materials would not have been possible without their dedication and skill. Allison Campbell at Integra expertly managed the production aspects of the manuscript’s preparation with superb skill and tremendous dedication. We are deeply appreciative of their good spirits, loyalty, and ability to stay calm in the most hectic of times.
Appreciation also goes to the American Institute of Certified Public Accountants, the Institute of Management Accountants, the Society of Management Accountants of Canada, the Certified General Accountants Association of Canada, the Financial Executive Institute of America, and many other publishers and companies for their generous permission to quote from their publications. Problems from the Uniform CPA examinations are designated (CPA), and problems from the Certified Management Accountant examination are designated (CMA). Many of these problems are adapted to highlight particular points. We are grateful to the professors who contributed assignment material for this edition. Their names are indicated in parentheses at the start of their specific problems. Comments from users are welcome.
Chuck Horngren revolutionized cost and management accounting. He loved new ideas and introduced many new concepts. He had the unique gift of explaining these concepts in simple and creative ways. He epitomized excellence and never tired of details, whether it was finding exactly the right word or working and reworking assignment materials.
He combined his great intellect with genuine humility and warmth and a human touch that inspired others to do their best. He taught us many lessons about life through his amazing discipline, his ability to make everyone feel welcome, and his love of family.
It was a great privilege, pleasure, and honor to have known Chuck Horngren. Few individuals will have the enormous influence that Chuck had on the accounting profession. Fewer still will be able to do it with the class and style that was his hallmark. He was unique, special, and amazing in many, many ways and, at once, a role model, teacher, mentor, and friend. He is deeply missed.
Swati, Radhika, Gayatri, Sidharth (SD)
Gayathri, Sanjana, Anupama (MVR)