PPT-Managerial Accounting and Cost Concepts

Chapter 1 Needs of Management Financial accounting is concerned with reporting financial information to external parties such as stockholders creditors and regulators Managerial accounting . UNIT – I. 1. . DEFINING THE MANAGERIAL JOB. 1.1. Descriptive Dimensions of Managerial Jobs . 1.2. Methods . 1.3. Model . 1.4. Time Dimensions in Managerial Jobs . 1.5. Effective and Ineffective Job behavior . COST MANAGEMENT BASICS. 1. Agenda. Accounting Overview. Financial Accounting. Budgetary Accounting. Management Accounting. Output Costs. Transfer Pricing. 2. Accounting Overview. 3. “is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management; selecting information that is relevant and representing it faithfully. The principles of accountancy are applied to accounting, bookkeeping, and auditing.. Prologue. Financial and Managerial Accounting: Seven Key Differences. Work of Management. . Planning. Decision . Making. Controlling. Planning. Establish Goals. Specify How Goals . Will Be Achieved. Cost Accounting Principles, 9e. Raiborn. . ● . Kinney. Learning Objectives. What are the relationships among financial, management, and cost accounting?. What are . the sources . of authoritative pronouncements for the practice of cost accounting?. LECTURER: TROY J. WISHART . . Summer Course. ACT 1100. Is EASY POP!. Our Confession. Course Outline . ACT 1100 Introduction to Accounting. COURSE DESCRIPTION AND AIMS:. The aim of this course is to expose students to the mechanics of financial accounting. In addition students would be introduced to the history and development of accounting, accounting concepts, principles and practices.. Workshop Accounts. Introduction:. Production units and workshops established in Indian Railways are meant for Building. (Creating the asset). , Repair & Maintenance of various kinds of Rolling Stock (i.e. Locos, Carriages, Wagons and other departmental vehicles) (. Labor Mapping Basics VHA Homeless Programs VHA Office of Finance – Managerial Cost Accounting Office 1 2 Objectives Managerial Cost Accounting (MCA) What it is and why we have it Understand basics of the Decision Support System (DSS) What is accounting?. Objectives of financial reporting. Accounting choice process. Accounting concepts. The accounting cycle. Closing entries. Adjusting entries. Who is your instructor?. Cameron Morrill, PhD, CGA. VHA Office of Finance – Managerial Cost Accounting Office. 1. 2. Objectives. Managerial Cost Accounting (MCA). What it is and why we have it. Understand basics of the Decision Support System (DSS). The Benefits of Reading Books Introduction to Managerial Economics . Session . 01. Dr. . Sumudu. . Perera. Nature . and scope of Managerial Economics. Goals . and Constraints of business organizations. The . Theory of the firm. The . DR. MRIGANKA DE SARKAR. ASSOCIATE PROFESSOR OF ECONOMICS. CONTACT: et_mit@yahoo.co.in. Monopoly: Why?. Natural monopoly (increasing returns to scale), e.g. (parts of) utility companies?. Artificial monopoly. Terms, Concepts And Principles Of Cost And Managerial Accounting And Their Purposes. Introduction:. This chapter focuses on issues illustrated in the following Feature Story about Al . Forat. and its parent Company Al Iraq. To succeed, the company... Dr. Sarina Preechalert , CFP. Outline. 1. Economics concepts and Theories. Microeconomics. Macroeconomics. 2. Accounting concepts and Theories. Financial information. Financial analysis. 3. Financial concept and Theories.