Samenvatting
Summary - Managerial accounting
- Instelling
- Karel De Grote-Hogeschool (KdG)
a different summary with mostly theorie
[Meer zien]Voorbeeld 2 van de 12 pagina's
Voorbeeld 2 van de 12 pagina's
In winkelwagen
Voorbeeld van de inhoud
Samenvatting managerial accounting1 CHAPTER 1: THE MANAGER AND MANAGEMENT ACCOUNTING ....................................................................................... 2
1.1 STAKEHOLDERS ............................................................................................................................................................. 2
1.2 ACCOUNTING................................................................................................................................................................ 2
2 CHAPTER 2: AN INTRODUCTION TO COST TERMS AND PURPOSES..................................................................................... 3
2.1 WHAT IS A COST (EXPENSE)? ......................................................................................................................................... 3
2.2 VARIETY OF COST CLASSIFICATIONS .............................................................................................................................. 3
2.3 CALCULATION COST OF GOODS SOLD ........................................................................................................................... 4
3 CHAPTER 3: COST-VOLUME-PROFIT ANALYSIS (CVP) ......................................................................................................... 5
3.1 GRAPHS ........................................................................................................................................................................ 5
3.2 FORMULAS ................................................................................................................................................................... 5
3.3 MARGIN OF SAFETY ...................................................................................................................................................... 5
3.4 DETERMINE BREAKEVEN POINT WITH SALES MIX.......................................................................................................... 6
4 CHAPTER 4: JOB COSTING ................................................................................................................................................. 6
4.1 DIRECT VS INDIRECT COSTS ........................................................................................................................................... 6
4.2 COST POOLS AND COST ALLOCATION ............................................................................................................................ 6
4.3 TWO COSTING SYSTEMS ............................................................................................................................................... 6
4.4 NORMAL COSTING ........................................................................................................................................................ 7
5 CHAPTER 5: ACTIVITY-BASED COSTING AND ACTIVITY-BASED MANAGEMENT .................................................................. 8
5.1 HOW TO ASSIGN INDIRECT COSTS TO COST OBJECTS? ................................................................................................... 8
6 CHAPTER 6: MASTER BUDGET AND RESPONSIBILITY ......................................................................................................... 9
6.1 BUDGET ........................................................................................................................................................................ 9
7 CHAPTER 7: FLEXIBLE BUDGETS, DIRECT-COST VARIANCES AND MANAGEMENT CONTROL ............................................. 10
7.1 BUDGETED AMOUNTS < VARIANCES > ACTUALS ......................................................................................................... 10
8 CHAPTER 8: FLEXIBLE BUDGETS, OVERHEAD COST VARIANCES AND MANAGEMENT CONTROL ....................................... 11
8.1 TIME VALUE OF MONEY .............................................................................................................................................. 11
8.2 FUTURE VALUE ........................................................................................................................................................... 11
8.3 PRESENT VALUE .......................................................................................................................................................... 11
8.4 ANNUITY..................................................................................................................................................................... 11
8.5 INVESTMENT APPRAISAL TECHNIQUES ....................................................................................................................... 12
Overhead = other word for indirect
1
, 1 Chapter 1: the manager and management accounting
1.1 Stakeholders
1.1.1 Internal stakeholders
- Employees
- Manager
- Owners
1.1.2 External stakeholders
- Suppliers
- Society
- Government
- Creditors
- Shareholders
- Customers
1.2 Accounting
1.2.1 Definition
Accounting = provision of information about an organization to its stakeholders (to support them in making decisions).
Management accounting = measuring analyzing and reporting financial and non-financial information that helps
managers/employees make decisions to fulfill the goals of an organization.
1.2.2 Managerial VS financial accounting
Examples:
- Internal vs external reporting
- Continuous vs periodic provision of information
- Specification of users vs rules and regulations
- Future-oriented vs historical
1.2.3 Areas in which management accountants provide information
- Planning and controlling the organization
- Cost price calculation
- Cost allocation
- Investment appraisal
- Cost-volume-profit analysis/BEP analysis
-> information should be provided timely in the required formats
The controller is responsible for FA and MA
2
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper Emmaheylen. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €5,49. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 67474 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen