ADM3346 - Cost Accounting Midterm :pencil2: (Chapter 1 - The…
ADM3346 - Cost Accounting Midterm
Chapter 10 - Analysis of Cost Behaviour
- The Accountant's Vital Role in Decision Making
: Financial and Management Accounting
Processing any economic transaction means collecting, categorizing, summarizing and analyzing
measures and reports financial and non-financial information related to the costs of acquiring and using resources.
includes the activities of identifying, reporting and analyzing all costs of operations
Financial vs. Management Accounting
Financial Accounting focuses on reporting to external parties while following GAAPS and standards (IFRS/ASPE). Any business activities with Economic Substance is reported.
Management Accounting focuses on measuring, analysing and reporting financial and non-financial information to internal managers. The goal is to use the past to predict the future.
specifies how an organization matches its own capabilities with the opportunities in the marketplace.
Value-Chain and Supply-Chain Analysis and Key Success Factors
Decision Making, Planning, and Control: The Five-Step Decision-Making Process
Key Management Accounting Guidelines and Organization Structure
Corporate Governance and Professional Ethics
- An Introduction to Cost Terms and Purposes
- Cost-Volume-Profit Analysis
Chapter 11- Decision Making and Relevant Information
Chapter 4 - Job Costing
Chapter 5 - Activity-Based Costing and Management
Chapter 17 - Process Costing
Chapter 18 - Spoilage, Rework, and Scrap