Cost Accounting (15th Edition)
Charles T. Horngrenwas the Edmund W. Littlefield Professor of Accounting, Emeritus,at Stanford University. A Graduate of Marquette University, he received his MBA fromHarvard University and his PhD from the University of Chicago. He was also the recipientof honorary doctorates from Marquette University and DePaul University.A certified public accountant, Horngren served on the Accounting Principles Board forsix years, the Financial Accounting Standards Board Advisory Council for five years, andthe Council of the American Institute of Certified Public Accountants for three years. Forsix years, he served as a trustee of the Financial Accounting Foundation, which overseesthe Financial Accounting Standards Board and the Government Accounting StandardsBoard. Horngren was a member of the Accounting Hall of Fame.A member of the American Accounting Association, Horngren had been its presidentand its director of research. He received its first Outstanding Accounting Educator Award.The California Certified Public Accountants Foundation gave Horngren its FacultyExcellence Award and its Distinguished Professor Award. He was the first person to havereceived both awards.The American Institute of Certified Public Accountants presented its first OutstandingEducator Award to Horngren. Horngren was named Accountant of the Year, Education,by the national professional accounting fraternity, Beta Alpha Psi. Professor Horngrenwas also a member of the Institute of Management Accountants, from whom he receivedits Distinguished Service Award. He was also a member of the Institutes’ Board of Regents,which administers the Certified Management Accountant examinations.Horngren is the author of other accounting books published by Pearson Education:Introduction to Management Accounting, 15th ed. (2011, with Sundem, and Stratton);Introduction to Financial Accounting, 10th ed. (2011, with Sundem and Elliott); Accounting,8th ed. (2010, with Harrison and Bamber); and Financial Accounting, 8th ed. (2010, withHarrison). Horngren was the Consulting Editor for the Charles T. Horngren Series in Accounting.Srikant M. Dataris the Arthur Lowes Dickinson Professor at the Harvard Business School.He served as Senior Associate Dean from 2000 to 2010. A graduate with distinction fromthe University of Bombay, he received gold medals upon graduation from the IndianInstitute of Management, Ahmedabad, and the Institute of Cost and Works Accountantsof India. A chartered accountant, he holds two master’s degrees and a PhD from StanfordUniversity.Datar has published his research in leading accounting, marketing, and operationsmanagement journals, including The Accounting Review, Contemporary AccountingResearch, Journal of Accounting, Auditing and Finance, Journal of Accounting andEconomics, Journal of Accounting Research, and Management Science. He has servedas an associate editor and on the editorial board of several journals and has presentedhis research to corporate executives and academic audiences in North America, SouthAmerica, Asia, Africa, Australia, and Europe. He is a coauthor of three other books:Managerial Accounting: Making Decisions and Motivating Performance, Rethinkingthe MBA: Business Education at a Crossroads, and Rethinking Graduate ManagementEducation in Latin America.Cited by his students as a dedicated and innovative teacher, Datar received the GeorgeLeland Bach Award for Excellence in the Classroom at Carnegie Mellon University andthe Distinguished Teaching Award at Stanford University.Datar is a member of the board of directors of Novartis A.G., ICF International,T-Mobile US, and Stryker Corporation and has worked with many organizations, including Apple Computer, Boeing, DuPont, Ford, General Motors, Morgan Stanley, PepsiCo, Visa, and the World Bank. He is a member of the American Accounting Association andthe Institute of Management Accountants.Madhav V. Rajanis the Robert K. Jaedicke Professor of Accounting and Senior AssociateDean for Academic Affairs at Stanford University’s Graduate School of Business. He is alsoProfessor of Law (by courtesy) at Stanford Law School. Rajan oversees the MBA and MSxprograms as well as the Marketing and Organizational Behavior faculty areas at the GSB.Rajan received his undergraduate degree in commerce from the University of Madras,India, and his MS in accounting, MBA, and PhD degrees from Carnegie Mellon University.In 1990, his dissertation won the Alexander Henderson Award for Excellence in EconomicTheory.Rajan’s primary area of research interest is the economics-based analysis of managementaccounting issues, especially as they relate to internal control, capital budgeting,quality management, supply chain and performance systems in firms. He has publishedhis research in a variety of leading journals, including The Accounting Review, Journal ofAccounting Research, Management Science, and Review of Financial Studies. In 2004, hereceived the Notable Contribution to Management Accounting Literature award. He is acoauthor of Managerial Accounting: Making Decisions and Motivating Performance.Rajan has served as the Departmental Editor for Accounting at Management Scienceas well as associate editor for both the accounting and operations areas. From 2002 to2008, Rajan served as an editor of The Accounting Review. Rajan has twice been a plenaryspeaker at the AAA Management Accounting Conference.Rajan has received several teaching honors at Wharton and Stanford, including theDavid W. Hauck Award, the highest undergraduate teaching award at Wharton. He hastaught in a variety of executive education programs, including the Stanford ExecutiveProgram and the National Football League Program for Managers, as well as customprograms for firms, including Genentech, Hewlett-Packard, and nVidia.Rajan is a director of Cavium, Inc., and iShares, Inc., and a trustee of the iShares Trust.