Practical Management Accounting

Author: Wang Dianjiang
Publisher:
Publish Date: 2001-06-01
Features: This book has the following characteristics:
1. Comprehensive application of the basic theories and fundamental methods of management accounting. It generally includes: cost behavior analysis, cost-volume-profit analysis, contribution margin and forecasting, decision-making, planning, control, analysis, evaluation, as well as specific theories and methods such as flexible budgets, comprehensive budgets, and responsibility accounting. It reasonably organizes these methods and applies them comprehensively in corporate economic activities.
2. Full-range application of management accounting. To provide application methods for every aspect of the enterprise, this book first designs a "small but complete" industrial enterprise example, which includes both basic and auxiliary production. In the management system, it covers both various departments and their subordinate units, such as the warehouse and procurement team of the supply department, the semi-finished product warehouse of the production department, and the quality inspection team dispatched by the quality supervision department, etc.
3. Whole-process application of management accounting. This book also designs a set of economic activity examples covering the entire process of enterprise supply, production, and sales. Through the daily accounting process, it introduces the application methods of management accounting. The relevant numerical data in the examples can be cross-referenced to deepen understanding of the content.
4. To adapt to various types of enterprises, the examples in this book are set for a multi-product, multi-step production enterprise. The economic activity examples are arranged according to multi-product, multi-step production to enhance the book's applicability.
5. Strictly adhering to accounting systems and conscientiously implementing recognized accounting principles, this book ensures that management accounting is both distinct from and interconnected with current financial accounting. It achieves the goal of using a single accounting system to provide two sets of accounting information—one for external reporting and the other for internal use.