1. “The Decision”, tie to the newly-named “Business Application” boxes in the chapter to highlight the relevance of cost accounting to today's business problems.
2. Updated Fundamentals of Cost Management chapter to show how ABC can be used to improve operations, specifically related to the value chain. Also, added coverage of lean manufacturing in this chapter.
3. Authors-tested End of Chapter material ensures quality and consistency. Reviewers have praised the quality of the problem material, which includes Critical Analysis & Discussion Questions, Self-Study Review problems and solutions, and Integrative Cases that develop analytical skills.