Management, the Controller and Cost Accounting CHAPTER 1 Management, the Controller and Cost Accounting

Management Management is consists of three group : (1). Operating Management (2). Middle Management (3). Executive Management Management sets objectives to be achieved by integrating its available resources with the abilities employees But for achieving success, management have to do planning, organizing and controlling

Authority, Responsibility and Accountability In a large company, all of tasks are done by many people. Every level of management order authority, responsibility and accountability. The Organization Chart is very important for explaining about responsibility accounting. Explain with figure 1-2 page 1-5

The Controller’s Participant The controller is the executive manager responsible for the accounting function. The position of controllers are very vital in the company with their role to manage or analyze costs The role of Cost Accounting shows responsibility for planning and controlling activities

Certification and Ethics Certified Management Accountant (CMA) Certified in Financial Management (CFM) Institute of Management Accountant (IMA) issued a code of ethics Standard of Ethical Conduct for Practitioners of Management Accounting and Financial Accounting

Standard of Ethical Conduct for Practitioners of Management Accounting and Financial Management Competence Confidentiality Integrity Objectivity Resolution of Ethical Conflict

Other Contribution for developing cost accounting Professional Organizations University Research International Organizations Public Sector National Level Cost Accounting Standard Boards (CASB) have a significant influence on cost accounting

GROUP DISCUSSION 1. Diskusikan fungsi-fungsi dari departemen biaya. 2. Mengapa anggaran merupakan alat penting dalam penetapan biaya