Management Accounting

Author: Lin Tao
Publisher:
Publish Date: 2005-07-01
Features: Management accounting is a branch of accounting that integrates modern management and accounting, providing decision-support information for business managers. Since the early 20th century, management accounting has achieved significant results in both theory and practice. Particularly since the late 20th century, a series of new management methods, represented by "activity-based costing" and "activity-based management," have emerged to adapt to major social, economic, and technological changes, ushering management accounting into a period of major transformation and development. This is a new starting point that must be grasped when writing modern management accounting textbooks. However, we also firmly believe that the new developments in management accounting do not negate traditional management accounting. Under new historical conditions, the methodological system of traditional management accounting still retains practical value and positive effects. Based on this understanding, we integrate traditional management accounting and its new developments to form the complete content of this book. This book is written by the author after extensively reviewing management accounting textbooks published in China and the West in recent years, combined with years of teaching and experimental experience. The book is divided into fifteen chapters. Chapter 1 is an introduction, while Chapters 2 to 5 mainly cover cost calculation and management, including activity-based cost behavior analysis, traditional cost calculation methods, activity-based cost analysis, and activity-based management. Chapters 6 to 11 introduce the management decision-making system, including variable costing, cost-volume-profit analysis, short-term operational decision-making, capital investment budgeting, and inventory management. Chapters 12 to 15 introduce the planning and control system, including corporate budgets, standard costing systems, responsibility accounting, corporate comprehensive performance evaluation, and incentive mechanisms.