TAILIEUCHUNG - Lecture Advanced management accounting - Chapter 1: An introduction of management accounting

In this chapter students will be able to: Australian organisations in the 21st century, what is management accounting? management accounting and financial accounting information, management accountants within organisations, management accounting processes and techniques, planning and control, Important considerations in the design of management accounting systems,. | Advanced Management Accounting Chapter 1: An Introduction of Management Accounting References: Management Accounting 6th Edition, Robert S. Kaplan Cost Accounting : The Managerial Emphasis 14th Edition By Horngren Managerial Accounting 14th Edition By Garrison Introduction to Management Accounting Management accounting is the process of supplying the managers and employees in an organization with relevant information, both financial and nonfinancial, for making decisions, allocating resources, and monitoring, evaluating, and rewarding performance. Major Differences Between Financial & Management Accounting Management Accounting Financial Accounting Purpose Decision making Communicate financial position to outsiders Primary Users Internal managers External users Focus/Emphasis Future-oriented Past-oriented Rules Do not have to follow GAAP; cost vs. benefit GAAP compliant; CPA audited Time Span Ultra current to very long time horizons Historical monthly, quarterly reports Behavioral Issues Designed to influence employee behavior Indirect effects on employee behavior 3 Organizational structure and the roles and skills required of management accountants within the organization Organizational Structure 5 Management Accountants Often part of cross-functional teams Report to various vice-presidents of operations Role is to analyze financial impact of business decisions Internal consultants 6 Roles of Management Accountants Ensuring accurate financial records Helping to design information systems Recording non-routine transactions Making adjustments to financial records Planning, analyzing, and interpreting accounting data Providing decision support 7 Required Skills Knowledge of financial and managerial accounting Analytical skills Knowledge of how a business functions Ability to work on a team Oral and written communications skills Strategy & Management Accounting Strategy – specifies how an organization matches its own capabilities with the opportunities in the

• Kế toán - Kiểm toán
• Management accounting
• Lecture Management accounting
• Management accounting information
• Financial accounting
• Management accountants
• Business environment
• Bài giảng Kế toán quản trị
• Nature of management accounting
• Component of accounting system
• Managerial accounting
• Management accounting systems
• Costing systems
• Environmental management accounting
• Cst accounting in action
• Management cost accounting
• Accounting for management
• Cost accounting in action
• Advanced fraud
• Managing resources
• Australian organisations
• Emphasis on cost
• Managing value
• Social management accounting
• Corporate social responsibility
• Paper F2
• Revision kit 2016
• Document management accounting
• Management accounting Review
• Implementation of management accounting
• Study text 2016
• Tiếng Anh kinh doanh
• F2 Management Accounting
• ACCA Paper F2
• Paper F2 Management Accounting
• Book ACCA Management Accounting
• Lecture Advanced management accounting
• Bài giảng Kế toán quản trị nâng cao
• Advanced management accounting
• Inflation accounting
• Current purchasing power method
• Current cost accounting method