Organization of managerial accounting in JSC "Milland"

Definition and subject of managerial accounting. General characteristic and main indicators of activity of JSC "Milland". The analysis of efficiency of managerial accounting in JSC "Milland" and its influence on adoption of administrative decisions.
Краткое сожержание материала:

Размещено на

CONTENT

INTRODUCTION

CHAPTER 1. ESSENCE AND VALUE OF MANAGERIAL

ACCOUNTING

1.1 Definition of managerial accounting

1.2 Subject of managerial accounting

CHAPTER 2. FUNCTIONS AND METHODS OF MANAGERIAL ACCOUNTING

2.1 Functions of managerial accounting

2.2 Methods of managerial accounting

2.3 Objects of managerial accounting

CHAPTER 3. FEATURES OF THE ORGANIZATION OF MANAGERIAL ACCOUNTING IN JSC «MILLAND»

3.1 General characteristic and main indicators of activity of JSC «Milland»

3.2 The analysis of efficiency of the organization of managerial accounting in JSC «Milland» and its influence on adoption of administrative decisions

3.3 Ways of improvement of the organization of managerial accounting to JSC «Milland»

CONCLUSION

The list of the used literature

Introduction

In the conditions of the developing market relations in our country the enterprise became legally and economically independent. Effective management of a production activity of the enterprise more and more depends on level of information support of its separate divisions and services.

Now the few organizations have thus the put accounting that information containing in it was suitable for operational management and the analysis.

As practice shows, the enterprises having difficult production structure, are in great need in the operational economic and financial information, helping to optimize expenses and financial results, to make reasonable administrative decisions. Unfortunately, decisions made by the management on development and the organization of production don't locate the corresponding calculations and, as a rule, have intuitive character.

Information necessary for operational management of the enterprise contains in system of management accounting which consider as one of the new and perspective directions of accounting practice.

And the most important, a basis of management accounting is collection of information about expenses of the organization and calculation. Domestic practice deeply worked the questions connected with calculation. Rich theoretical and practical experience in area of a standard method of the accounting of expenses and the calculation which is so similar to standard-cost system in management accounting is saved up.

The purpose of this term paper is studying of process of managerial accounting in Kazakhstan and identification of tasks of this process.

For this purpose it is necessary to solve the following problems:

1 . To open essence of management accounting, its methods and objects.

2 . To allocate the principles and functions of management accounting.

3 . To study systems and components of management accounting.

When writing work Vakhrushin M. A. Bukhgaltersky's works management accounting were used; Glushkov I.E. Accounting at the modern enterprises; Druri K. introduction in management accounting and the production account; Ivashkevich V. B. Bukhgaltersky management accounting; Karpova T.P. Bases of management accounting; Karpova T.I. Management accounting, etc.

Chapter 1. Essence and meaning of of managerial accounting

1.1 Definition of managerial accounting

managerial accounting administrative decision

Managerial Accounting - it is not only the collection and recording of information , but its analysis and assessment in order to obtain such data , based on which you can control the organization , primarily operational . Primary accounting is one of the most important sources of information for management accounting , and the most reliable. At the same time for the implementation of the information needs of managers require data from additional sources , both internal and external.

Managerial accounting is not a new phenomenon for domestic practice . Regulatory accounting, to the cost and responsibility centers , and cost analysis division under calculation and economic elements , etc. - All of these tools were part of the Soviet industrial accounting . However, the basic information that is formed in the period concerned the calculation and control costs. Furthermore, this analytical information formed in a single system of accounts that still distinguishes our management accounting . At the same time, almost no attention was paid to the production of information on presumptive income , profitability of a product , pricing policy.

Management accounting system should provide planning and control not only costs but also revenues. Only such an approach will provide real economic effect of internal accounting [1].

For effective management of economic activities and the financial results of enterprises need to create a system of flexible , reliable and timely economic information. In these circumstances, the role and importance of accounting.

Terms of managerial accounting establishes the enterprise , taking into account the specifics of , especially those solutions or other management tasks. It combines into a single system planning, accounting and cost analysis by type , place of formation and objects of calculation , based on a normative account of full and reduced costs, methods of calculation , planning, accounting and investment analysis . Each of the components of the system should include a methodology analytical assessment of the information received from the point of view of the possibilities of use for administrative purposes.

In a market economy, there is an integration of management methods into a single system of management accounting .

Managerial Accounting in its content and purpose is focused on the future. At the same time take into account the circumstances which may change during the planning period . Management accounting data allow to identify the areas of greatest risk , bottlenecks in the enterprise , inefficient or unprofitable products, and how to implement them .

The purpose of management accounting - providing enterprise managers the information they need to make effective management decisions. In doing so, management accounting requirements, other than the requirements of Financial Accounting [2].

Managerial accounting is not required for the application . His organization and methodology are not regulated by law. The decision to implement it in practice takes the leadership of the enterprise . At the same time collecting and processing information are considered appropriate if its value for control above the cost of obtaining relevant data.

Management Accounting aims to meet the information needs of internal users - company management , and for each level of control volume and the content is different.

Management accounting data can not be disclosed and are a trade secret enterprise. Compliance with secrecy of this information applies not only to external users , but also employees of the company , not directly related to this problem .

In managerial accounting par with cash used natural indicators : the number of hours of raw materials , the amount of revenue , etc. Furthermore, if necessary, may use the relative parameters.

Managerial Accounting in addition to consolidated performance involves grouping information by market sector, places of formation expenses,

Responsibility centers , the causes and perpetrators of deviations on orders and products , etc.

Managerial accounting is primarily focused on the future. The most important part of his plan is that based on available information necessarily involves the calculation of predictive values. If financial account shows "how it was " the management accounting - " as it should be ."

In managerial accounting possible rough estimates and benchmarks for the purpose of more timely information.

In managerial accounting there is no strict time limits of presenting information. However , if necessary, information can be provided with any desired frequency. Deadline for submission of information in managerial accounting management unit installed directly enterprise.

Management accounting is based on the principles of expediency, comparability , timeliness of providing information . With regard to the principle of double entry , it can be used as , and not be used .

Since management accounting is not regulated by law , the responsibility for the correctness of reference also not provided. In other words , the cause of the prosecution can be only the managerial decisions , and not any data records.

Thus , management accounting - can be defined as an independent branch of the accounting organization that provides it with administrative staff information used for planning, managing, monitoring and evaluation of the organization as a whole , as well as its structural units .

1.2 Subject of managerial accounting

Subject of management accounting is administrative information. Traditionally information of management accounting had financial character, that is it was submitted in dollars, rubles, yens or other monetary uni...