[英语学习]602managementaccounting

《[英语学习]602managementaccounting》由会员上传分享，免费在线阅读，更多相关内容在应用文档-天天文库。

1、602Theaccountingmanagement1．TheRoleOfManagementAccountingSoyouwanttobeamanagementaccountant. Whatwouldthisinvolve?Howwouldthisdifferfromtheworkperformedbyothertypesofaccountants? Wouldyourroleinvolvemanagementfunctionsaswellas accounting functions?Whatskillsandqualitiesw

2、ouldyoubeexpectedtohave? Inthisfirsttopicweanswerthesequestions. LearningoutcomesOnceyou’vecompletedthistopicyoushouldbeableto: Identifythedifferencesandsimilaritiesbetweenmanagement accounting andfinancial accountingOutlinewhattheplanningandcontrolprocessisExplaintherol

3、eofthemanagementaccountantintheplanningandcontrolprocessManagementAccountingAndFinancialAccountingFinancial accountingFinancial accounting isaboutrecordingandreportingfinancialinformationto external userssuchasinvestors,creditors,banksandthegovernment.Typicaltasksforfina

4、ncialaccountantsinclude: Recording journalsCarryingoutreconciliationsMaintainingthefixedassetregisterPreparingtaxreturnsPreparingandauditingfinancialstatements Management accountingManagement accounting isaboutprovidingfinancialandnon-financialinformationto internal user

5、s-tothemanagersofanorganisation-tohelptheorganisationachieveitsgoals.Typicaltasksformanagementaccountantsinclude: PreparingbudgetsandforecastsCostingandpricingproductsand servicesDesigning,implementingandmaintainingmanagementinformationsystemsPreparingdaily,weeklyormonth

6、lymanagementreportsCarryingoutadhocinvestigationsformanagementDifferencesBetweenManagementAndFinancialAccountingKeydifferencesinclude: Management accounting isforinternaluserswhilefinancial accounting isforexternalusersFinancial accounting useshistoricaldata.Management a

7、ccounting useshistoricaldataandfuture-focuseddataFinancial accounting usesdatafromthegeneralledger accounting system.Management accounting usesmanysourcesofdataManagement accounting isunregulatedwhilefinancial accounting ishighlyregulated,beingsubjecttotherulesoftheFinan

8、cialReportingActandthe Income TaxActFinancial accounting reportsusuallycoverthewholeorganisationwhilema