《管理会计》课件全英文Acct-ch1-ManAcct-(Feb-25)

Controlling
monitoring a plan’s
Decision Making implementation
and taking
corrective action
as needed.
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Management Process
The Management Process is defined by the following activities:
accounting.
Continued
1 -3
Objectives
5. Describe the role of management accountants in an organization.
6. Explain the importance of ethical behavior for managers and management accountants.
2.
Differentiate and financial
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accounting
3. Provide a brief historical description of
management accounting.
4. Identify the current focus of management
2. Plant Manager wants to know supplier DEFECT RATES and the effects on PRODUCTION COSTS
3. Software Consultant wants to know why ENGAGEMENT COSTS ran over budget, and what CORRECTIVE ACTIONS are needed
Outputs
Users
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Management Process
The Management Process is defined by the
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following activities:
Planning requires
Planning Controlling
setting objectives and identifying methods to achieve
those objectives.
Decision Making
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Management Process
The Management Process is defined by the
following activities:
Controlling is
Planning
the managerial activity of
CHAPTER
1 -1
Introduction: The Role,
History, and Direction of Management Accounting
1 -2
Objectives
1. Dinifsocrumsasttihoen.necAehdfatefportresrmt,uyadonyauignseghmotheunilstdaccounting
Information System
Economic Events
Inputs
Collecting Measuring
Storing Analyzing Reporting Managing
Processes
Special Reports Product Costs Customer Costs
Budgets Performance Reports Personal Communication
6. Bank Manger wants to make long-term decisions about FEE-BASED PRODUCTS
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The managerial accounting system has three broad objectives:
1. To provide information for costing out services, products, and other objects of interest to management.
2. To provide information for planning, controlling, evaluating, and continuous improvement.
3. To provide information for decision making.
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Management Accounting
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Management Process
Planning Controlling Decision Making
Control is usually achieved with the use of feedback.
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Management Process
Feedback is information that can be used to evaluate or correct the steps being taken to implement a plan.
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Scenarios –Page 2 & 3
4. Cruise Line CEO wants to know the VARIABLE COST EFFECT on profits
5. Hospital Administrator wants to further REDUCE WASTE (costs) within the hospital
7. List three forms of certification available to management accountants.
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Scenarios –Page 2 & 3
1. Legal Firm wants to know COST PER HOUR for each type of Legal service to establish a Billing rate