m中山大學管捏學院 经m00 BUSINESS SUN YAT-SEN UNIVERSIT Lesson 13 Managerial Accounting Concepts and Principles 1 as team of NJA DAWIEAML AOJANIA School of business, Sun Yat-sen University
Lesson 13 Managerial Accounting: Concepts and Principles Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University
Outline Q What is managerial accounting? Q Comparison between managerial accounting and financial accounting Q Cost classifications in different ways Q Flow of manufacturing activities NJob order cost accounting systems and process cost accounting systems ◆ Cost allocation Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity
2 Outline ⧫What is managerial accounting? ⧫Comparison between managerial accounting and financial accounting ⧫Cost classifications in different ways ⧫Flow of manufacturing activities ⧫Job order cost accounting systems and process cost accounting systems ⧫Cost allocation
Introduction Q The previous 12 chapters focus on the financial accounting topics n Please summarize the basic points of financial accounting .Users/Time focus/Emphasis/Importance/ Subject focus/ Requirements n Thinking -Is the information provided by financial accounting enough for an enterprise to conduct its operation and management? If not, how to satisfy this demand for the internal used information? Have you ever heard“ managerialaccounting” Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity 3
3 Introduction ⧫ The previous 12 chapters focus on the financial accounting topics Please summarize the basic points of financial accounting →Users/ Time focus/ Emphasis/ Importance/ Subject focus/ Requirements Thinking →Is the information provided by financial accounting enough for an enterprise to conduct its operation and management? →If not, how to satisfy this demand for the internal used information? →Have you ever heard “managerial accounting”?
What is Managerial Accounting? Q An activity that provides financial and nonfinancial information to managers and other internal decision makers Q Is quite important to planning, control, and decision making activities Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity
4 What is Managerial Accounting? ⧫An activity that provides financial and nonfinancial information to managers and other internal decision makers ⧫Is quite important to planning, control, and decision making activities
The Environment of Managerial Accounting Complexity and size of organizations 「 Regulatory Emphasi environment on quality Environment of Managerial Accounting Competition Development of technolog. y Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity 5
5 The Environment of Managerial Accounting Complexity and size of organizations Development of technology Regulatory environment Competition Emphasis on quality Environment of Managerial Accounting