Search Results - "management accounting"

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    Resources MANAGEMENT by Weaver, Margaret 1952-

    Published 2016
    Table of Contents: “…The context in which organisations operate- types of organisations and their nature; organisational objectives; the operating environment; stakeholders in organisations; Resources required by organisations - types of resources; past, present and future resources; levels of decision-making; information requirements; information systems (internal and external); Financial resources - financial v management accounting; introducing financial statements-legal requirements-external requirements-internal requirements; the profit and loss account; the balance sheet; the cash flow statement; Cash resources - the need for cash control; cash budgets; dealing with shortfalls and excesses; managing cash flow; record keeping for cash; Sources of finance - short-term finance; longer-term finance; internal sources of finance; external sources of finance; negotiating cash budget allocations; Analysing financial statements - why analysis is important; introduction to financial analysis; profitability ratios; liquidity ratios; use of assets ratios; Management accounts - manufacturing accounts; operating statements-introduction; internal; Cost control - the elements of cost; cost behaviour; costing methods 1-absorption costing; costing methods 2-marginal costing;costing methods 3-standard costing; Control of materials, services, labour and overheads - stock control; control of services and supplies; labour control; overhead control, including allocation and apportionment; comparison of actual costs with budgeted costs; investigation into variances; Control of equipment - types of equipments; equipment costs; use of equipment (inc. training and maintenance); monitoring efficiency; replacing equipment; Budgetary control - the need for budgeting; the budget-planning process; allocating resources; the master budget and its component parts; re-negotiating budgets; taking corrective action; Decision-making 1 - methods of reducing costs; amending plans and budgets; reacting to sudden opportunities or problems; forecasting future requirements; Decision-making 2 - costs and benefits; quantifiable and non-quantifiable costs and benefits; methods of calculating costs and benefits; choosing between alternatives; analysing risk…”
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    Manuscript Book
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