CHAPTER 1
Management, the Controller
and Cost Accounting
Management
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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
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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
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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
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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
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Competence
Confidentiality
Integrity
Objectivity
Resolution of Ethical Conflict
Other Contribution for developing
cost accounting
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Professional Organizations
University Research
International Organizations
Public Sector
National Level
Cost Accounting Standard Boards
(CASB) have a significant influence
on cost accounting
GROUP DISCUSSION
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1. Diskusikan fungsi-fungsi dari
departemen biaya.
2. Mengapa anggaran merupakan
alat penting dalam penetapan biaya