管理会计ACCA-1知识分享

MCS :Management control system
Basic elements: Planning Recording Carrying out Comparing Evaluating Taking corrective action
MIS: management information system
管理会计
MANAGEMENT ACCOUNTING
Lecturer: Wang Lihua 王黎华
四川大学工商管理学院
Lily Wang
Paper F2 Management Accounting
Paper F5 Performance Management
Paper F9
Financial Management
2.Information for management
Why do managers need information What type of information they need How can they get the information they need When can they get
Planning and
Control and
Making decisions
ቤተ መጻሕፍቲ ባይዱ
Planning, control and decision making
Strategic planning Tactical planning Control decision making
Decision making process
3)Functions of management
Setting objectives Making plans Making decisions Putting plans (decisions) into action Monitoring actual results Taking control action Evaluating performance
Organization’s resources:
4 Ms men, materials, machines, money
5) Management activities’ hierarchy
Strategic planning and control Tactical planning and control Operational planning and control
1. Organizations
Why do organisations exist: This depends on the type of organisation and its objectives. With profit seeking organisations they primarily exist to generate wealth for their owners.
Chapter 1 Information for management
Chapter contents 1.Organizations 2. Information for management 3. Financial Accounting & Management Accounting 4.presenting information to management
4) Anthony’s view of management activity
Strategic planning: setting objectives and strategic targets Management control: decisions about the efficient and effective use of resources Operational control: carry out specific tasks
Other objectives of profit seeking organisations
Maximize profit Maximize revenue Increase market share Minimize costs
2)Strategy and organizational structure
Paper P5 Advanced Performance Management
Paper P4 Advanced Financial Management
Contents
Preface(chapter 1) Cost classification and mathematics (2-5) Costing methods and techniques(6-12) Budgeting and standard costing (13-16) Short-term decision making(17-19)
Strategy Structure
There are two schools of thought on the link between strategy and organisational structure.
* Structure follows strategy
* Strategy follows structure
1)Organisations’ objectives( Primary objective):
Profit seeking organisations :to maximise the wealth of the owners of the business Public sector organisation : provision of a quality product/service within a value for money framework. Not for profit organisations (NFPO) : provisions of a social or community service for the well being of society.