m中山大學管捏學院 经m00 BUSINESS SUN YAT-SEN UNIVERSIT Lesson 13 Managerial Accounting Concepts and Principles M as team of NJA DAWIEAML ACOJANAA 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 Q Job 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“ managerial accounting”? 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? C 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 Emphasis 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