中国石油大学（北京）工商管理学院管理会计双语课件Chapter7 Management Accounting and Control Systems-Assessing Performance over the Value Chain.pptVIP

Management Accounting and Control Systems:Assessing Performance over the Value Chain Chapter 7 Management Accountingand Control System Generates and uses information to help decision makers assess whether an organization is achieving its objectives A cost management system is one of the central performance measurement systems at the core of a larger entity known as a management accounting and control system “Control” In ManagementAccounting And Control A set of: Procedures Tools Performance measures Systems Used by organizations to guide and motivate employees to achieve organizational objectives In Control A system is in control if it is on the path to achieving its strategic objectives For the process of control to have meaning and credibility, the organization must have the knowledge and ability to correct situations that it identifies as out of control Five Stages Of Control Planning Execution Monitoring Evaluation Correction Stages of Control: Planning Developing an organization’s objectives Choosing activities to accomplish the objectives Selecting measures to determine how well the objectives were met Stages of Control: Execution and Monitoring Execution Implementing the plan Monitoring The process of measuring the system’s current level of performance Stages Of Control: Evaluation and Correcting Evaluation When feedback about the system’s current level of performance is compared to the planned level so that any discrepancies can be identified and corrective action prescribed Correcting Taking the appropriate actions to return the system to a state of in control A Well-Designed MACS Designers of management accounting and control systems (MACS) have both behavioral and technical considerations to meet The technical considerations fall into two categories Relevance of the information generated Scope of the system Characteristics of Well-defined MACS Accurate Timely Consistent Flexible Scope Of The System Must be comprehensive and include all activit