This book is an adaptation of the successful US text "Cost Management" by Hilton‎,‎ Maher and Selto‎,‎ written specifically for an international audience‎.‎ Major improvements include‎:‎ Diverse and truly international examples of organizations ‎- Examples used throughout the book are from all over the world and represent manufacturing‎,‎ retail‎,‎ not‎-for‎-profit‎,‎ and service firms in many different countries‎.‎ Completely restructured and rewritten text ‎- The book has been rewritten‎,‎ restructured and also shortened significantly to align content closer with international courses‎.‎ Integral use of spreadsheets ‎- Spreadsheet software is used for explaining techniques and making applications more realistic‎.‎ In depth research ‎- Summaries of international research studies that address important cost management issues have been updated and more references to recent research findings have been added‎.‎ Intuitive explanation of accounting ‎- The authors show directly how events impact the balance sheet and profit and loss account‎.‎