Japanese Management Accounting: A World Class Approach To Profit Management

Rs. 1344.00

Prompted by manufacturing innovations, Japanese companies have developed radically new management accounting principles and techniques. Their astounding success is attracting renewed attention to the limitations of traditional systems and helping transform accounting practices in the U.S. In japanese Management Accounting, dozens of experts reveal the best of these new approaches. Using case studies, surveys, and important theoretical and practical research, they convey the state of the art of Japanese management accounting practices. These 3 3 articles will teach you:  How to use target pricing to achieve and assure market share and target costing to reduce costs and raise profits  Why to focus on ROS (return on sales) instead of ROI (return on investment)  Why you should emphasize target costing, value engineering and actual cost tracking rather than standard cost accounting and variance analysis  Why cost management, like quality and productivity, is the responsibility of all employees and not just a mechanistic bookkeeping activity of one department Management accounting in Japan has become part of the total work environmentvisible m every department and part of every worker's mentality. This book challenges conventional ideas about accounting and proposes new roles for the field. It provides a glimpse of what accounting can and should become in the U.S. Contents:  Part 1: Cost management systems in the Japanese manufacturing environment  Part 3: Japanese cost accounting practices and standards  Part 4: The organizational aspect of management accounting in Tanan  Part 5: Other topics
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