Zusammenfassung
Management Accounting is written for students in international Business Management study programs. It covers the widely applied syllabus of Cost Accounting and Management Accounting at universities on bachelor’s and master’s level. The book is based on more than 20 years’ academic teaching experience in Germany and at international universities in South Africa, Malaysia, China, the Netherlands and South Korea.
In this text book, the application of methods and instruments comes first. Management Accounting follows a case study based approach. All cases are taken from previous exam papers and explained in detail.
The text book starts with a case study of a manufacturing company and compares Financial Accounting to Management Accounting. It covers two point of views: (1) a General Management view, with aspects of business planning, cost-volume-profit analysis, degree of operating leverage, mergers and cross-border acquisitions and risk valuation. (2) a Cost Accounting view with Management Accounting systems, flexible budgeting, cost allocations, performance measurement and monitoring, reporting, calculation, manufacturing accounting (job order and process costing), activity based costing and multi-level contribution margin Accounting.
On the UVK website, numerous exam tasks and complete solutions thereto are available in English.
Abstract
Management Accounting is written for students in international Business Management study programs. It covers the widely applied syllabus of Cost Accounting and Management Accounting at universities on bachelor’s and master’s level. The book is based on more than 20 years’ academic teaching experience in Germany and at international universities in South Africa, Malaysia, China, the Netherlands and South Korea.
In this text book, the application of methods and instruments comes first. Management Accounting follows a case study based approach. All cases are taken from previous exam papers and explained in detail.
The text book starts with a case study of a manufacturing company and compares Financial Accounting to Management Accounting. It covers two point of views: (1) a General Management view, with aspects of business planning, cost-volume-profit analysis, degree of operating leverage, mergers and cross-border acquisitions and risk valuation. (2) a Cost Accounting view with Management Accounting systems, flexible budgeting, cost allocations, performance measurement and monitoring, reporting, calculation, manufacturing accounting (job order and process costing), activity based costing and multi-level contribution margin Accounting.
On the UVK website, numerous exam tasks and complete solutions thereto are available in English.
- Kapitel Ausklappen | EinklappenSeiten
- 4–10 1. Conventions 4–10
- 211–229 12. Risk Valuation 211–229
- 265–273 15. Cost Monitoring 265–273
- 274–296 16. Cost Allocations 274–296
- 297–306 17. Reporting 297–306
- 357–362 22. Abbreviations 357–362
- 363–367 23. Table of Figures 363–367
15 Treffer gefunden
- „... statement for OHIO FRIED CHICKEN 0 386,947 8,947 378,000 386,947 386,947 Figure 11.9: OHIO FRIED ...” „... calculates a rental profit of: 11 × 9,000 = 99,000.00 ZAR. An amount of 9,000.00 ZAR is calculated cost for ...” „... What is in the Chapter? In Chapter (11) Accounting for Mergers and Acquisitions we demonstrate ...”
- „... ) (500) (2,000) (2,000) (120) (360) 0 (1,440) (360) 240 (2,190) (2,160) (9,750) (11,400) 1,625 (19,272 ...” „... 240 120 800 600 0 16,200 11,200 6,100 1,000 30 30 125 125 30 30 125 125 21,857 23,052 9,651 30,980 ...” „... appropriation of profits. (9) Prepare a liquidity plan by direct method or reconciliation of profits with ...”
- „... flow calculation (3) Figure 9.11: EMS KAYAK GmbH’s profit and cash flow calculation (4) Figure 9 ...” „... What is in the Chapter? The chapter (9) Degree of Operating Leverage (DOL) covers a concept for ...” „... . Figure 9.1: DEERFIELD TOURS (Pty) Ltd. break-even point Data Sheet for DEERFIELD TOURS (Pty) Ltd. The ...”
- „... 2,000.00 12,000.00 Figure 13.9: GIULIO’S PIZZA&PASTA RISTORANTE’s manufacturing accounts (2) DR WIP ...” „... Kitchen .................. 9,000.00 EUR DR WIP Restaurant/OM ............ 27,000.00 EUR CR Rent ...” „... 63,600.00 9,000.00 64,960.00 63,600.00 64,960.00 64,960.00 64,960.00 15,000.00 36,000.00 9 ...”
- „... : Susanne Fuellhaas, Konstanz 1. Conventions 1-4 2. Introduction to Management Accounting 2-11 3. Case ...” „... Analysis (CVP-Analysis) 8-134 9. Degree of Operating Leverage (DOL) 9-150 10. Performance Measurement ...” „... 10-167 11. Accounting for Mergers and Acquisitions 11-180 12. Risk Valuation 12-211 13. Structure of Cost ...”
- „... centres than TUSCAN (Pty) Ltd. Figure 16.8: HEISFELD Ltd.’s performance structure Figure 16.9 ...” „... = 400/950 = 42.11%. Figure 16.10: HEISFELD Ltd.’s cost centre support structure Although an approach that ...” „... costs. This is a similar approach to the equation method. Figure 16.11: HEISFELD Ltd.’s iteration ...”
- „... model. In chapter (9), we cover the degree of operational leverage (DOL) which tells managers how ...” „... the case study VANHUIZEN BV. Problems of interpretations are shown in chapter (9). The next ...” „... one new firm. An acquisition is the purchase of another company for holding. In chapter (11) we ...”
- „... . Call that cost driver amount the utility factor of an activity. (9) Aggregate activities to business ...” „... activities/business process by multiplying the process cost rates × utility factor. (11) Add the process costs of ...” „... 6,220,000.00 1,642,494.02 1,380,000.00 2,100,000.00 5,897,505.98 9,377,505.98 9,377,505.98 9 ...”
- „... the entire expenses for both departments, say 11,576.31 EUR. In contrast, Management Accounting ...” „... just an item on the annual income statement of, e.g. 11,576.31 EUR. With no Management Accounting ...” „... 15,231.00 256,500.00 190,000.00 1,237,500.00 1,000,000.00 57,000.00 200,000.00 9,500.00 37,500.00 ...”
- „... (Pty) Ltd., as we discussed in chapter (11). Based on the past data we already prepared a budgeted ...” „... income statement as below in Figure 12.9. 1,797,000 1,797,000 (1,086,000) (88,000) (25,000) (245,000 ...” „... ) 353,000 353,000 (105,900) 247,100 Figure 12.9: Budgeted income statement for 20Y5 xxz (with: z ...”
- „... 2,800,000.00 9,500,000.00 9,500,000.00 2,800,000.00 800,000.00 640,000.00 1,900,000.00 1,600,000.00 160,000.00 ...” „... can see in Figure 7.9 the slope is the tangent of the angle which is the opposite leg of the angle ...” „... divided by its adjacent leg. Figure 7.9: Calculation of the slope of Y(X) By the next step we study ...”
- „... terms and prepaid costs. We also cover the disclosure of liabilities following IAS 1 and IFRS 9. We ...” „... 1,100,000.00 500,000.00 400,000.00 1,455,080.00 6,675,780.00 6,675,780.00 1,455,080.00 Figure 3.9: Accounts ...” „... 200,000.00 1,190,000.00 1,190,000.00 1,190,000.00 Figure 3.9: Accounts (continued) 600,000.00 13,500.00 ...”
- „... 8.9: DEERFIELD TOURS (Pty) Ltd.’s break-even point (internet campaign) Figure 8.10: Standard normal ...” „... below. Data Sheet for KL tour Figure 8.11: DEERFIELD TOURS (Pty) Ltd. 2-product statement Figure 8.12 ...” „... costs of 11,600.00 EUR. How many products must be manufactured to earn a positive profit? 1. 92 units ...”
- „... Goods Inventory account. (9) Record the revenue. (10) Add all non-manufacturing costs to the Profit ...” „... and Loss account. (11) Debit the cost of sales to the Profit and Loss account. (12) Calculate the ...” „... WIP account; CR WIP account take place at least? 1. 0. 2. 3. 3. 4. 4. 5. Solutions: 1-1; 2-4 ...”
- „... cost calculation, divide the total costs of the finished goods by the lot size of the job order. (9 ...” „... to the Cost of Goods Sold COS account for over- or underapplied overheads. (11) Once goods are ...” „... income. Solutions: 1-1; 2-3; 3-4; 4-2; 5-3. ...”