管理会计英文版

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Top 10 Companies of Fortune Global 500 (ranked by revenue)
2010 Revenues Rank Company 1 Wal-Mart Stores 2 Royal Dutch Shell 3 Exxon Mobil 4 BP 5 Toyota Motor 6 Japan Post Holdings 7 Sinopec 8 State Grid 9 AXA 10 China National Petroleum Profits ($ millions) ($ millions) Rank Company 408,214 285,129 284,650 246,138 204,106 202,196 187,518 184,496 175,257 165,496 14,335 12,518 19,280 16,578 2,256 4,849 5,756 -343 5,012 10,272 1 Royal Dutch Shell 2 Exxon Mobil 3 Wal-Mart Stores 4 BP 5 Chevron 6 Total 7 ConocoPhillips 8 ING Group 9 Sinopec 10 Toyota Motor
Source: World Trade Organization, International Trade Statistic 2010
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Distribution of Fortune Global 500 companies between 2005 and 2010
Fortune Global 500 Australia China India Japan Malaysia Singapore South Korea Taiwan Thailand Asia Pacific US Canada Europe Others 2010 8 46 8 71 1 2 10 8 1 155 139 11 184 11 500 2009 9 37 7 68 1 2 14 6 1 145 140 14 188 13 500 2007 8 24 6 67 1 1 14 6 1 128 162 16 183 11 500 2005 9 16 5 81 1 1 11 2 1 127 176 13 178 6 500
5000
2500
Manufactures
1000 Fuels and mining products
500
Fra Baidu bibliotek
Agricultural products
250
100
1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005
Source: World Trade Organization, International Trade Statistic 2010
Management/ Managerial Accounting
施颖燕 moonsummer@163.com 691097
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Grade
• • • • • • • Attendance 10% Quiz 1-3 (MCQs & Calculation) 30% Quiz 1 on Week 5 Oct. 14 (30 points) Quiz 2 on Week 9 Nov. 11(40 points) Quiz 3 on Week 13 Dec. 9 (30 points) Final exam (MCQs & Calculation) 60% Total 100%
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Management Accounting
• One of the core functions of businesses • Relates to the provision of appropriate information, including cost information for decision-making, planning, control, and performance evaluation • Timely basis • Be relevant • Obtained efficiently and effectively
• The internet usage –> Fuels globalization
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World Merchandise Trade Volume By Major Product Group, 1950-2009 (Volume Indices, 1950=100)
Log. scale
10000
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Structure of MA1
Background Cost concept and cost classification Accounting methods and systems Decision-making Short-term Control and evaluation
Financial accounting
• For final exam • 15 MCQs 30 points • 5-6 Calculation questions 70 points
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Main Contents of MA1
• Background Environment and nature/purpose of management information (chap1&2) • Cost concept and cost classification (chap 2) Lesson 1 • Cost behavior, CVP analysis (chap 3-4 & chap 14) Lesson 2, 3 and 10 • Accounting method and system (chap 5-9) Lesson 4-6 • Budgeting, profit planning and Standard costing (chap 10-12) Lesson 7&8 • Performance measurement (chap 13) Lesson 9
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2. Strategy
A “game plan” that enables a company to attract customers by distinguishing itself from competitors. A possible course of action that might enable an organization to achieve its objectives.
• Identify job descriptions as either line or staff positions.
• Explain the concepts of lean production: Six Sigma, e-commerce, enterprise systems, and enterprise risk management. • Explain the importance of ethical standards in an advanced economy.
source: http://money.cnn.com/magazines/fortune/global500/2010/full_list/index.html
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What information do management need?
• To achieve organizational objectives, the management team is responsible for planning, directing, motivating, and controlling the activities of the business. • Managers need information to help them manage the organization. • This information can be obtained from the financial accounting system. • In some organizations, completely new systems are designed to meet the needs of the managers.
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Cost accounting
Defines costs and valuates inventories to help managers to run businesses Cost accounting and management accounting are sometimes interchangeable Their functions To help companies make better decisions
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Learning objectives
• Describe the role of management accountants in an organization. • Identify major differences and similarities between financial and managerial accounting.
2009 Revenues ($ millions) 458,361 442,851 405,607 367,053 263,159 234,674 230,764 226,577 207,814 204,352 Profits ($ millions) 26,277 45,220 13,400 21,157 23,931 15,500 -16,998 -1,067 1,961 -4,349
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Regional Shares In World Merchandise Exports, 2009
%
45 40
2009
35
30 25 20 15 10 5 0 North America South and Central America Europe Commonwealth of Independent States (CIS) Africa Middle East Asia
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1.1 Information needs of managers and other users
1. Background
• Globalization –> More competition – >Timely, up to date, and relevant information needed
LESSON 1
Accounting, business, and competitiveness
Basic concepts of management accounting
PART 1
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Topic outline and required reading
1.1 Information needs of managers and other users (Level 2) • Chapter 1, pages 8-11 1.2 Comparing financial and managerial accounting (Level 2) • Chapter 1, pages 1-8 1.3 Organization structure (Level 2) • No required reading 1.4 Process management (Level 2) • Chapter 1, pages 11-17 1.5 International ethical standards (Level 2) • Chapter 1, pages 17-28; IFAC Code of Ethics for Professional Accountants