Management Accounting

Author: Li Hailin
Publisher:
Publish Date: 2002-08-01
Features: Modern management accounting is an emerging and comprehensive interdisciplinary field. Its emergence is closely related to the significant changes in the capitalist economic environment after World War II. As science and technology were increasingly applied to businesses, substantial transformations took place: with the continuous emergence of a large number of new products and intensifying market competition, how to manage businesses effectively and how to maintain a competitive edge in the fierce market became a widely concerned issue among managers at the time. The effective integration of management and accounting addressed this problem well. Thus, on the basis of the combination of management and accounting, the emerging discipline of management accounting was born.
This book is designed according to the requirements and characteristics of vocational and technical education, based on the new accounting and financial system, and takes "planning" and "control" as the main lines to systematically introduce content such as cost behavior analysis, variable costing, activity-based costing, cost-volume-profit analysis, forecasting analysis, investment decision analysis, operational decision analysis, standard cost control, comprehensive budgeting, and responsibility accounting. The book is well-explained with abundant examples and strong practicality. To support teaching, thinking questions and skill exercises are provided at the end of major chapters. This book is suitable as a teaching material for finance and accounting majors in vocational and technical colleges, as well as a training textbook and self-study reference for accounting personnel, auditors, and managers in enterprises and institutions.