 |
| | | | | Financial & Managerial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College
| | |
| | Learning Objectives
Chapter 15: A Manager's Perspective: The Changing Business Environment
- Define management accounting and distinguish between management accounting and financial accounting.
- Explain the management cycle and its connection to management accounting.
- Identify the management philosophies of continuous improvement and discuss the role of management accounting in implementing those philosophies.
- Define performance measures, recognize the uses of those measures in the management cycle, and prepare an analysis of nonfinancial data.
- Identify the important questions a manager must consider before requesting or preparing a management report.
- Compare accounting for inventories and cost of goods sold in service, merchandising, and manufacturing organizations.
- Identify the standards of ethical conduct for management accountants.
| |
| |
|
|
|
