TAILIEUCHUNG - Lecture Managerial accounting: Creating value in a dynamic business environment (10th edition): Chapter 1 - Ronald W. Hilton, David E. Platt

Chapter 1 - The changing role of managerial accounting in a dynamic business environment. After completing this chapter, you should be able to: Define managerial accounting and describe its role in the management process; explain four fundamental management processes that help organizations attain their goals; list and describe five objectives of managerial accounting activity;. | The Changing Role of Managerial Accounting in a Dynamic Business Environment Chapter 1 Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 1: The Changing Role of Managerial Accounting in a Dynamic Business Environment Managerial accounting is the process of Identifying Measuring Analyzing Interpreting Communicating information Define Managerial Accounting 1- Managerial accounting is an integral part of the management process. It is the process of identifying, measuring, analyzing, interpreting, and communicating information in pursuit of an organization’s goals. (LO1) Managing Resources, Activities, and People An organization . . . Acquires Resources Hires People Organized set of activities Decision Making Planning Directing Controlling 1- In pursuing its goals, an organization acquires resources, hires people, and then engages in an organized set of activities. It is

• Kế toán - Kiểm toán
• Managerial accounting
• Kế toán quản trị
• Lecture Managerial accounting
• Dynamic business environment
• Financial accounting
• Managerial accounting
• Managerial accounting for managers
• Profitability analysis
• Decision making
• Operations management majors
• Nonmanufacturing costs
• Classifications of costs
• Managerial accounting information
• General cost classifi cations
• Product costs
• Process costing
• Standard costing systems
• Accounting information
• Managerial decision
• Process management
• Financial statement
• Cost concepts
• Managerial accounting basics
• Managerial cost
• Period costs
• Lecture Financial and managerial accounting
• Financial statements
• Managerial decisions
• Reporting manufacturing activities
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Relevant costing
• Accounting activities
• Business activities
• Income statement
• Accounting cycle
• Accounting for merchandising operations
• Merchandising operations
• Capital budgeting decisions
• Time value of money
• Income taxes
• After tax cost