Monday, 11 May 2015

Chapter 01 introduction to cost management [ppt]

After studying the chapter 01 Introduction to cost management,  you should be able to:
  1. List the similarities and differences between financial accounting and cost management.
  2.  Identify the current factors affecting cost management.
  3. Discuss the importance of the accounting system for internal and external reporting.
  4. Explain the need for today’s cost accountant to acquire cross-functional expertise.
  5. Describe how management accountants function within an organization.
  6. Understand the importance of ethical behavior for management accounts.
  7. Identify the thee forms of certification available to internal accountants.

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