会计_ch01 Management Accounting Information.ppt

Management Accounting:Information That Creates Value Chapter 1 Management Accounting Information The institute of Management Accountants has defined management accounting as: A value-adding continuous improvement process of planning, designing, measuring and operating both nonfinancial information systems and financial information systems that guides management action, motivates behavior, and supports and creates the cultural values necessary to achieve an organization’s strategic, tactical and operating objectives Management Accounting Information Management accounting provides both financial information and nonfinancial information The role of management information supports strategic (planning), operational (operating) and control (performance evaluation) management decision making In short, management accounting information is pervasive and purposeful Management Accounting Information Examples of management accounting information include: The reported expense of an operating department, such as the assembly department of an automobile plant or an electronics company The costs of producing a product The cost of delivering a service The cost of performing an activity or business process – such as creating a customer invoice The costs of serving a customer Management Accounting Information Management accounting also produces measures of the economic performance of decentralized operating units, such as: Business units Divisions Departments These measures help senior managers assess the performance of the company’s decentralized units Management Accounting Information Management accounting information is a key source of information for decision making, improvement, and control in organizations Effective management accounting systems can create considerable value to today’s organizations by providing timely and accurate information about the activities required for their success Changing Focus Traditionally, management accounting information has been financial