tailieunhanh - Lecture Management accounting (5/e): Chapter 19 - Kim Langfield-Smith

Chapter 19 - Information for tactical decisions . This chapter presents the following content: The management accountant’s role in decision making, characteristics of relevant information, accept or reject a special order, make or buy a product, outsourcing decisions, add or delete a product or department, joint products: sell or process further,. | Chapter 19 Information for tactical decisions 19- Copyright 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith Prepared by Kim Langfield-Smith Outline The management accountant’s role in decision making Characteristics of relevant information Accept or reject a special order Make or buy a product Outsourcing decisions Add or delete a product or department Joint products: sell or process further Implications of ABC analysis for decisions Incentives for decision makers Pitfalls to avoid when using accounting data for decisions 19- Copyright 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith Prepared by Kim Langfield-Smith The management accountant’s role in decision making To provide relevant information to managers and teams who make the decisions Tactical decisions Do not require significant or permanent resource commitments Can be changed or reversed quickly Long-term . | Chapter 19 Information for tactical decisions 19- Copyright 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith Prepared by Kim Langfield-Smith Outline The management accountant’s role in decision making Characteristics of relevant information Accept or reject a special order Make or buy a product Outsourcing decisions Add or delete a product or department Joint products: sell or process further Implications of ABC analysis for decisions Incentives for decision makers Pitfalls to avoid when using accounting data for decisions 19- Copyright 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith Prepared by Kim Langfield-Smith The management accountant’s role in decision making To provide relevant information to managers and teams who make the decisions Tactical decisions Do not require significant or permanent resource commitments Can be changed or reversed quickly Long-term decisions Tend to be more strategic in nature May involve increases or decreases in capacity-related resources More difficult to reverse and effects may extend over longer time periods 19- Copyright 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith Prepared by Kim Langfield-Smith A model of the decision-making process Clarify the problem Identify alternative courses of action Collect relevant cost and benefits Compare the costs and benefits of each possible course of action Select a course of action 19- Copyright 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith Prepared by Kim Langfield-Smith Characteristics of relevant information Different under competing courses of action May include opportunity costs The potential benefit given up when one course of action is chosen over another Relates to the future Sunk costs are ignored Costs that have already been incurred and

• Kế toán - Kiểm toán
• Management accounting
• Lecture Management accounting
• Management accounting information
• Financial accounting
• Costing systems
• Information for tactical decisions
• Management accountants
• Business environment
• Bài giảng Kế toán quản trị
• Nature of management accounting
• Component of accounting system
• Managerial accounting
• Management accounting systems
• Environmental management accounting
• Cst accounting in action
• Management cost accounting
• Accounting for management
• Cost accounting in action
• Advanced fraud
• Managing resources
• Australian organisations
• Emphasis on cost
• Managing value
• Social management accounting
• Corporate social responsibility
• Paper F2
• Revision kit 2016
• Document management accounting
• Management accounting Review
• Implementation of management accounting
• Study text 2016
• Tiếng Anh kinh doanh
• F2 Management Accounting
• ACCA Paper F2
• Paper F2 Management Accounting
• Book ACCA Management Accounting
• Lecture Advanced management accounting
• Bài giảng Kế toán quản trị nâng cao
• Advanced management accounting
• Inflation accounting
• Current purchasing power method
• Current cost accounting method