Horngren’s Cost Accounting expertly demonstrates how cost accounting can help managers make good decisions. Guided by the theme of “different costs for different purposes,” this acclaimed text positions cost accounting as a tool for business strategy, rather than just a set of procedures. Its balance of modern and traditional coverage blends technical skills with the values and behaviors of effective cost accountants.

The 18th Edition illustrates cost accounting practices through the lens of cutting-edge topics such as generative AI and repercussions of the coronavirus pandemic. Dozens of new real-world examples show how cost accounting can be used to support sustainability, innovation, and shifts in the US and global economies.