TAILIEUCHUNG - Lecture Fundamentals of cost accounting (4th edition): Chapter 1 - Lanen, Anderson, Maher

(BQ) Chapter 1 - Cost accounting: Information for decision making. After studying this chapter you should be able to: First, describe the way managers use accounting information to create value in organizations. Second, distinguish between the uses and users of cost accounting and financial accounting information. Third, explain how cost accounting information is used for decision making and performance evaluation in organizations. | © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Fundamentals of Cost Accounting, 4th edition Lanen/Anderson/Maher Cost Accounting: Information for Decision Making Chapter 1 Chapter 1: Cost Accounting: Information for Decision Making We start the study of the Fundamentals of Cost Accounting with a review and overview of information necessary for decision making. Learning Objectives LO 1-1 Describe the way managers use accounting information to create value in organizations. LO 1-2 Distinguish between the uses and users of cost accounting and financial accounting information. LO 1-3 Explain how cost accounting information is used for decision making and performance evaluation in organizations. LO 1-4 Identify current trends in cost accounting. LO 1-5 Understand ethical issues faced by accountants and ways to deal with ethical problems that you face in your career. After studying this chapter you should be able to: First, describe the way managers use accounting information to create value in organizations. Second, distinguish between the uses and users of cost accounting and financial accounting information. Third, explain how cost accounting information is used for decision making and performance evaluation in organizations. Fourth, identify current trends in cost accounting. And finally, understand ethical issues faced by accountants and ways to deal with ethical problems that you face in your career. Value Chain The value chain describes a set of activities that transforms raw materials and resources into the goods and services end users purchase and consume. LO 1-1 Describe the way managers use accounting information to create value in organizations. LO 1-1 Value-Added Activities Those activities that customers perceive as adding utility

• Kế toán - Kiểm toán
• Cost accounting
• Fundamentals of cost accounting
• Cost analysis
• Cost management systems
• Management control systems
• Value chain
• Decision making
• Cost concepts and behavior
• Cost volume profit analysis
• Cost estimation
• Fundamentals of product
• Ebook Management and cost accounting
• Management and cost accounting
• Management accounting
• Cost assignment
• Process costing
• Costs for decision making
• Cost versus expenses
• Cost management
• Principles of cost accounting
• Accounting for materials
• Accounting for labor
• Factory overhead
• Process cost accounting
• Accounting income
• Divisional income
• Ebook Cost accounting
• Organizational cost flows
• Activity based cost systems for management
• Job order costing
• Joint cost allocation
• Service costing
• Service department