Newly Compiled Management Accounting

Author: Qian Wenjing, Editor-in-Chief
Publisher:
Publish Date: 2003-02-01
Features: Management Accounting is divided into eleven chapters:
Chapter 1 covers the basic knowledge of management accounting, primarily discussing the fundamental theories of management accounting, including the concept, functions, formation, and development of management accounting.
Chapter 2 focuses on cost behavior analysis and variable costing.
Chapter 3 is about cost-volume-profit analysis, which, along with Chapter 2, belongs to the foundational knowledge of management accounting.
Chapter 4 discusses forecasting analysis, covering basic methods for sales forecasting and profit forecasting.
Chapter 5 is on short-term operational decision-making, primarily addressing relevant cost concepts, common short-term decision-making methods, and production and operational decision analysis.
Chapter 6 covers long-term investment decision-making, focusing on the financial factors to consider in long-term investment decisions, common evaluation indicators, and their applications.
Chapter 7 is on comprehensive budgeting, discussing basic methods for preparing comprehensive budgets, as well as the preparation of flexible budgets and zero-based budgets.
The above four chapters belong to the decision-making and planning accounting section of management accounting.
Chapter 8 is on standard costing systems, covering the establishment of standard costs, cost variance analysis, and accounting treatment.
Chapter 9 discusses activity-based costing, covering the basic principles and functions of activity-based costing.
Chapter 10 is on responsibility accounting, including the significance of responsibility accounting, the classification and characteristics of responsibility centers, performance evaluation of responsibility centers, and the determination of internal transfer prices.
These three chapters belong to the control and performance evaluation section of management accounting.
Chapter 11 is on strategic management accounting, primarily explaining the basic meaning and main functions of strategic management accounting. This chapter represents a new field in management accounting and also signifies a future direction for the discipline.