英语财务分析报告

英语财务分析报告

　　Brief Contents

　　Introduction

　　The Nature of Costs

　　Opportunity Cost ofCapital and Capital Budgeting

　　Organizational Architecture

　　Responsibility Accounting and Transfer Pricing

　　Budgets and Budgeting

　　Cost Allocation: Theory

　　Cost Allocation: Practices

　　Absorption Cost Systems

　　Criticisms ofAbsorption Cost Systems: Incentive to

　　Overproduce

　　Criticisms ofAbsorption Cost Systems: Inaccurate

　　Product Costs

　　Standard Costs: Direct Labor and Materials

　　Overhead and Marketing Variances

　　Managing Accounting in a Changing Environment

　　Table of Contents

　　Chapter l Introduction

　　A. Managerial Accounting: Decision Making and Control

　　B. Design and Use of Cost Systems

　　C. Marmots and Grizzly Bears

　　D. Management Accountant's Role in the Organization

　　E. Vortec Medical Probe Example

　　F. OutlineoftheText

　　G. Summary

　　Chapter 2 The Nature of Costs

　　A. Opportunity Costs

　　1. Characteristics of Opportunity Costs

　　2. Examples ofDecisions Based on Opportunity Costs

　　B. Cost Variation 31

　　1. Fixed, Marginal, and Average Costs

　　2. Linear Approximations of Opportunity Cost of Charnging Volume

　　3. Other Cost Behavior Patterns

　　4. Activity Measures

　　C. Cost-Volume-Profit Analysis

　　1. Copier Example

　　2. Cakulating Break-Even and Target Profits

　　3. Limitations of Cost-Voiume-Profit Analysis

　　4. Operating Leverage

　　D. Opportunity Costs versus Accounting Costs

　　1. Period versus Product Costs

　　2. Direct Costs, Overheads, and Opportunity Costs

　　E. Cost Estimation

　　1. Account Classification

　　2. Motion and Time Studies

　　F. Summary

　　ApperuHx A: Learnng Curve Analysis

　　Appendix B: Estimating Fixed and Variable Costs

　　Chapter 3 Opportunity Cost of Capital and Capital Budgeting

　　A. Opportunity Cost of Capital

　　B. Interest Rate Mathematics

　　1. Future Values

　　2. Present Values

　　3. Present Value of a Cash Flow Stream

　　4. Perpetuities

　　5. Annuities

　　6. Multiple Cash Fiows per Year

　　C. Capital Budgeting: The Basics

　　J. Decision to Acquire an MBA

　　2. Decisi to Open a Video Rentai Store

　　3. Essential Points about Capital Budgeting

　　D. Capital Budgeting: Some Complexities

　　1. Risk

　　2. Inflation

　　3. Taxes and Depreciation Tax Shields

　　E. Altemative Investment Criteria

　　1. Payback

　　2. Accounting Kate of Return

　　3. Internal Rate of Return (IRR)

　　4. Methods Used in Practice

　　F. Summary

　　Chapter 4 Organizational Architecture

　　A. Basic Building Blocks

　　1. Self-lnterested Behavior, Team Production, and Agency Costs

　　2. Decision Rights and Rights Systems

　　3. Role of Knowledge and. Decision Making

　　4. Markets versus Firms

　　5. Influence Costs

　　B. Organizational Architecture

　　C. Example of Accounting's Role: Executive Compensation Contracts

　　D. Summary

　　Chapter 5 Responsibility Accounting and Transfer Pricing

　　A. Accounting's Role in the Orpanization's Architecture

　　B. Responsibility Accounting

　　1. Cost Centers

　　2. Profit Centers

　　3. Investment Centers

　　4. Controllability Principle

　　C. Transfer Pricing

　　1. International Taxation

　　2. Economics ofTransfer Pricing

　　3. Common Transfer Pricing Methods

　　4. Reorganization: The Solution If All Else Fails

　　5. Actual Practice

　　D Summary

　　Chapter 6 Budgets and Budgeting

　　A. Generic Budgeting Systems

　　1. Country Club

　　2. Private University

　　3. Complex Corporation

　　B. Trade-offs between Decision Management and Decision Control

　　1. CommMnicating Specialized Krwwledge versus Performance Evdlwtion

　　2. Managing the Trade-off

　　3. Participatwe Bargaining

　　C. Budgeting Resolves Certain Organizational Problems

　　1. Short-Run versus Long-Run Bndgets

　　2. Line'ltem Budgets

　　3. Budget Lapsing

　　4. Static versus Flexible Budgets

　　5. Incremental vcrsus Zero'Based Budgets