Lesson1ManagementAccountingFundamentals分解.ppt

Management Accounting; This course combines traditional Managerial Accounting with modern Managerial Accounting. This course introduces systematically the basics theory of Managerial Accounting, planning and control, and managerial decision-making. This course is organized as bi-language style in multimedia classroom. The lesson is commanded to use English textbook, English PPT, and completely English examination. ;Course Textbooks; ;Contains Chapters;*;*;Course Requirements;Case analysis and Presentation;*;*;*;Topic 1：The role of management accounting;*;Argument and Discussion;What is accounting;Managerial Accounting – measures, analyzes and reports financial and nonfinancial information to help managers make decisions to fulfill organizational goals. Managerial accounting need not be GAAP compliant. Financial Accounting – focus on reporting to external users including investors, creditors, and governmental agencies. Financial statements must be based on GAAP. ;Management Accounting;管理会计内容;管理会计内容;Cost – benefit approach a basic decision rule Benefits generally must exceed costs Behavioral and Technical Considerations Technical Considerations make wise economic decisions Behavioral considerations motivate managers and employees to aim for goals of the organization people are involved in decisions, not just dollars and cents Different costs for different applications External-reporting purpose of accounting (GAAP) may different from internal, routine reporting to manager. ; May use a “super” cost approach (comprehensive);A Typical Organizational Structure and the Management Accountant;*;;Major Differences Between Financial Managerial Accounting;*;Historical Description ofManagement Accounting;Just-in-time production Total quality management Process reengineering Theory of constraints International competition E-commerce ;CURRENT FOCUS;Topic 2：Strategy and management accounting;*;*;Two Strategy Levels;What is Strategy?;*;*;*;*;Environment scanning;*;The pr