TAILIEUCHUNG - Ebook Accounting principles II: Part 2

Part 2 book “Accounting principles II” has contents: Managerial and cost accounting concepts, traditional cost systems, activity-based costing, cost-volume-profit relationships, incremental analysis, capital budgeting, flexible budgets and standard costs, budget. | CHAPTER 8 MANAGERIAL AND COST ACCOUNTING CONCEPTS Financial statements are used by both external users and internal management and provide general information about the entire company. For example, the balance sheet reports total inventories and the income statement reports cost of goods sold, but the costs of individual products are not disclosed to the public. Internal management needs detailed information to make decisions about its business. A comparison of managerial and financial accounting shows the differences between the two sets of information. Managerial and Financial Accounting Comparison Managerial Accounting Financial Accounting Users Internal managers Creditors, investors, analysts, and other external users Guidelines for preparation Flexible GAAP—rigid Purpose Decision making and control information General information for credit and investment decisions Frequency of preparation As needed Annually and quarterly Independent opinion None required Auditor’s opinion Type of information Specific to project or management action— may be detailed and include estimates General purpose— very few estimates ACCOUNTING PRINCIPLES II 147 MANAGERIAL AND COST ACCOUNTING CONCEPTS Manufacturing Financial Statements Manufacturing companies have several different accounts compared to service and merchandising companies. These include three types of inventory accounts—raw materials, work-in-process, and finished goods—and several long-term fixed asset accounts. A manufacturing company uses purchased raw materials and/or parts to produce a product for sale. At a point in time, the company’s inventories consist of raw materials, those materials and parts waiting to be used in production; work-in-process, all material, labor, and other manufacturing costs accumulated to date for products not yet completed; and finished goods, the cost of completed products that are ready to be sold. The value of each type of inventory is disclosed in a company’s .

• Kế toán - Kiểm toán
• Accounting principles II
• Accounting principles
• Cost accounting concepts
• Traditional cost systems
• Activity based costing
• Incremental analysis
• Capital budgeting
• Current liabilities
• Long term liabilities
• Financial statement analysis
• Index Technique
• Value Technique
• Project Risk
• Return Technique
• Practice pamela
• Cash flow estimation
• Integrative examples
• Discounted payback period techniques
• Profitability index technique
• Comparing evaluation techniques
• Measurement of project risk
• The capital budgeting decision
• Valuing a lease
• The lease valuation model
• Managerial accounting
• Lecture Managerial accounting
• Process costing
• Standard costing systems
• Capital budgeting decisions
• Global finance
• Global financial management
• Lecture Global financial management
• Global valuation
• Capital budgeting formulas
• Managerial finance
• Principles of managerial finance
• Capital budgeting techniques
• Capital budgeting cash flows
• Payout policy
• Lecture Engineering economy
• Engineering economy
• Bài giảng Kinh tế kỹ thuật
• The capital budgeting process
• Capital financing
• Capital allocation
• Debt capital
• Financial Appraisal
• project costs
• project investment
• project evaluation
• project management
• technical project management
• project management for small business
• Principles of corporate finance
• Corporate finance
• Capital structure
• Dividend policy
• The cost of capital
• Lecture Managerial economics
• Managerial economics
• Optimal capital budget
• Cost of capital
• Capital budgeting decision rules
• Lecture Managerial finance
• Financial statements
• Basics of capital budgeting
• Evaluating cash flows
• Strategic financial management
• Financial management
• Capital budgeting under conditions
• Domestic capital budgeting
• Free cash flows
• Current liabilities management
• Foundations of finance
• Determining the financing mix
• Internal financing
• Working capital management
• Capital markets
• Preferred stock financing
• Multinational financial management
• Quản lý tài chính
• Quản lý tài chính đa quốc gia
• Multinational finance
• Fundamentals of corporate finance
• Capital management
• Financing decisions
• Fundamentals of capital budgeting
• Financial statement
• Profitability analysis
• Cash flows
• The Basics of Capital Budgeting Evaluating Cash Flows
• Profitability Index
• Unequal lives
• Economic life
• Method of discounted payback
• Method of payback