tailieunhanh - Lecture Accounting (6th edition): Chapter 14 - Kimmel, Weygandt, Kieso

Chapter 14 - Managerial accounting. After studying this chapter you will be able to understand: Identify the features of managerial accounting and the functions of management, describe the classes of manufacturing costs and the differences between product and period costs, demonstrate how to compute cost of goods manufactured and prepare fi nancial statements for a manufacturer. | Managerial Accounting Kimmel ● Weygandt ● Kieso Accounting, Sixth Edition 14 Describe the classes of manufacturing costs and the differences between product and period costs. CHAPTER OUTLINE Identify the features of managerial accounting and the functions of management. 1 2 LEARNING OBJECTIVES Demonstrate how to compute cost of goods manufactured and prepare fi nancial statements for a manufacturer. 3 Discuss trends in managerial accounting. 4 Managerial accounting provides economic and financial information for managers and other internal users. LO 1 LEARNING OBJECTIVE Identify the features of managerial accounting and the functions of management. 1 COMPARING MANAGERIAL AND FINANCIAL ACCOUNTING ILLUSTRATION 14-1 Differences between financial and managerial accounting LO 1 Planning Maximize short-term profit and market share. Commit to environmental protection and social programs. Add value to the business. Directing Controlling Coordinate diverse activities and human resources. Implement planned objectives. Provide incentives to motivate employees Hire and train employees. Produce a smooth-running operation. Keeping activities on track. Determine whether goals are met. Decide changes needed to get back on track. May use an informal or formal system of evaluations. MANAGEMENT FUNCTIONS LO 1 LO 1 Organization charts show the interrelationships of activities and the delegation of authority and responsibility within the company. ORGANIZATIONAL STRUCTURE ILLUSTRATION 14-2 A typical corporate organization chart LO 1 Indicate whether the following statements are true or false. Managerial accountants have a single role within an organization, collecting and reporting costs to management. Financial accounting reports are general-purpose and intended for external users. Managerial accounting reports are special-purpose and issued as frequently as needed. False True True LO 1 DO IT! Managerial Accounting Overview 1 False False Managers’ activities and responsibilities can be | Managerial Accounting Kimmel ● Weygandt ● Kieso Accounting, Sixth Edition 14 Describe the classes of manufacturing costs and the differences between product and period costs. CHAPTER OUTLINE Identify the features of managerial accounting and the functions of management. 1 2 LEARNING OBJECTIVES Demonstrate how to compute cost of goods manufactured and prepare fi nancial statements for a manufacturer. 3 Discuss trends in managerial accounting. 4 Managerial accounting provides economic and financial information for managers and other internal users. LO 1 LEARNING OBJECTIVE Identify the features of managerial accounting and the functions of management. 1 COMPARING MANAGERIAL AND FINANCIAL ACCOUNTING ILLUSTRATION 14-1 Differences between financial and managerial accounting LO 1 Planning Maximize short-term profit and market share. Commit to environmental protection and social programs. Add value to the business. Directing Controlling Coordinate diverse activities and human resources. .

• Kế toán - Kiểm toán
• Lecture Accounting
• Financial statements
• Business organization
• Accounting information
• Managerial accounting
• Management functions
• Financial accounting
• Lecture Financial accounting
• Management accounting
• Accounting standards
• Accounting equation
• Intermediate accounting
• Lecture Intermediate accounting
• Accounting process
• Accounting processing cycle
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Merchandising operations
• Lecture Accounting 1
• Accounting for main transactions
• Accounting for purchases
• Accounting for sales
• Accounting for expenses
• Principle of accounting
• Lecture Principle of accounting
• The basic accounting equation
• Transaction analysis in accounting equation
• Calculate the accounting equation
• Lecture Advanced financial accounting
• Bài giảng Kế toán tài chính nâng cao
• Advanced financial accounting
• Accounting policies
• Accounting estimate
• Retrospective application
• Changes in accounting estimates
• Retrospective restatements
• Accounting assumptions
• Lecture Management accounting
• Bài giảng Kế toán quản trị
• Nature of management accounting
• Component of accounting system
• Financial system
• Lecture Accounting and financial system
• Ledger accounting
• Trial balance
• Completing the accounting cycle
• Accounting cycle
• Accounting worksheet
• Classified balance sheet
• Accounting changes
• Error corrections
• Accounting choices
• Accounting for business
• Lecture Accounting for business
• Accounting entity
• Classification of assets
• Accounting equation transactions