文档介绍：Management decisions and control Introductionmanagement accounting
Management decisions and control
Introduction:
management accounting
Lecture objectives
Objectives of MDC
Introduction to management accounting:
History and context of management accounting
Overview of management control systems
Overview of management decisions
Other subject matters:
Subject materials
Assessment
Your strategy in MDC
Objectives of MDC
Apply and critique decision and control models of real world business scenarios
Evaluate how decision and control models impact people in anisation
munication and teamwork skills
Develop a capacity for independent research and learning
Critically evaluate data and resources in the context of relevant academic literature
Critically analyze the core professional obligations, values and operations anizations
History of management accounting
Cottage industries
(pre-19th Century)
Industrial revolution
(early 19th Century)
Scientific management movement
(mid 19th – early 20th Century)
Human resources approach
(early to mid 20th Century)
Management science (operations)
(mid – late 20th Century)
Contingency approach
(late part of 20th Century)
Sociological approach
(late 20th – 21st Century)
Themes in management accounting
Move from cost systems → holistic management approach
Recognition of the social context of management accounting
Contingency based approach → one size does not fit all
Management accounting development → linked to development of management styles
Theory in management accounting
Why do we need management accounting and control systems?
Theory in management accounting
Management accounting draws on a number of disciplines and theoretical frameworks1>.
Sociology
Management
science
&
operations
research
Behavioural
science
Economics
&
Finance
Theory in management accounting
Economics
Economics is based around the problem of scarce resources. Firm based economics addresse