[英语学习]602 Management Accounting.docVIP

602 The accounting management 1．The Role Of Management Accounting So you want to be a management accountant.? What would this involve? How would this differ from the work performed by other types of accountants?? Would your role involve management functions as well as?accounting?functions? What skills and qualities would you be expected to have? ? In this first topic we answer these questions. ? Learning outcomes Once you’ve completed this topic you should be able to: ? Identify the differences and similarities between management?accounting?and financial?accounting Outline what the planning and control process is Explain the role of the management accountant in the planning and control process Management Accounting And Financial Accounting Financial?accounting Financial?accounting?is about recording and reporting financial information to?external?users such as investors, creditors, banks and the government. Typical tasks for financial accountants include:? Recording?journals Carrying out reconciliations Maintaining the fixed asset register Preparing tax returns Preparing and auditing financial statements? Management?accounting Management?accounting?is about providing financial and non-financial information to?internal?users - to the managers of an organisation - to help the organisation achieve its goals. Typical tasks for management accountants include:? Preparing budgets and forecasts Costing and pricing products and?services Designing, implementing and maintaining management information systems Preparing daily, weekly or monthly management reports Carrying out ad hoc investigations for management Differences Between Management And Financial AccountingKey differences include:? Management?accounting?is for internal users while financial?accounting?is for external users Financial?accounting?uses historical data. Management?accounting?uses historical data and future-focused data Financial?accounting?uses data from the general ledger?accounting?system. Management?acc