Management Control System

Management Control System Author: Manohar Prasad

3. BEHAVIOR IN ORGANIZATION Learning outcomes ,[object Object],[object Object],[object Object],[object Object],[object Object]

Organization Structure ,[object Object],[object Object],[object Object],[object Object],11/21/11 0

TYPES OF ORGANIZATIONS ,[object Object],[object Object],[object Object]

Five Approaches to Structural Design 11/21/11 0

FUNCTIONS OF THE COTROLLER ,[object Object],[object Object],[object Object],[object Object]

FUNCTIONS OF THE CONTROLLER(contd.) ,[object Object],[object Object],[object Object],[object Object]

4. RESPONSIBILITY CENTERS Learning outcomes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

THE CONTROLLER ,[object Object],[object Object],[object Object],[object Object],[object Object]

RESPONSIBILITY CENTRES ,[object Object],[object Object],[object Object]

RESPONSIBILITY CENTRES ,[object Object],[object Object],[object Object],[object Object]

RESPONSIBILITY CENTRES ,[object Object],[object Object],[object Object],[object Object],[object Object]

TYPES OF RESPONSIBILITY CENTRES ,[object Object],[object Object],[object Object],[object Object]

TYPES OF RESPONSIBILITY CENTRES ,[object Object],[object Object],[object Object]

Responsibility Accounting for Profit Centres ,[object Object],[object Object],[object Object]

Profit Centre ,[object Object],[object Object],[object Object],[object Object],[object Object]

Advantages of Profit Centre ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Measuring Profitability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Investment Center ,[object Object],[object Object],[object Object]

6. Transfer Pricing Learning outcomes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Need For Transfer Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

OBJECTIVES OF TRANSFER PRICES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Goal Congruence ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Transfer Price Defined ,[object Object]

Transfer Pricing ,[object Object]

Transfer Pricing ,[object Object],[object Object],Transfer prices do not affect revenues and costs of the company as a whole Transfer prices do affect revenues and costs of the divisions involved.

Pricing for Internal Providers of Goods and Services ,[object Object]

Methods of calculating transfer price ,[object Object],[object Object],[object Object],[object Object]

Cost Based Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object]

Market Based Pricing ,[object Object],[object Object],[object Object],[object Object],[object Object]

Negotiated Transfer Price ,[object Object],[object Object],[object Object],[object Object],This approach allows for cost recovery while still allowing the selling division to return a profit

Administration of TRANSFER PRICES ,[object Object],[object Object],[object Object],[object Object],[object Object]

Transfer Pricing in Multinational Settings ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

7.Measuring & Controlling Assets Prof.S.G.Patwardhan

Measuring & Controlling Assets ,[object Object],[object Object]

Characteristics of long-term assets ,[object Object],[object Object],[object Object],[object Object]

Why relate profits to investments? ,[object Object],[object Object],[object Object]

Responsibility Accounting ,[object Object],[object Object],[object Object],[object Object],[object Object]

Measuring the Performance of Investment Centres ,[object Object],[object Object],[object Object]

Accounting-Based Performance Measures ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],Effectiveness vs Efficiency

[object Object],[object Object],[object Object],[object Object],Effectiveness vs Efficiency

Return on Investment (ROI) ROI is an accounting measure of income divided by an accounting measure of investment

ROI ,[object Object],[object Object],[object Object]

A. The Components of ROI ,[object Object],or The breakdown of the formula shows that managers can increase return by more profit and/or generating more sales for each investment dollar. ROI = Income Invested capital ROI = Income Sales x Sales Invested capital Profit Margin Investment Turnover

Measuring the Performance of Investment Centers Margin : portion of sales available for interest, taxes and profit Turnover : how productively assets are being used to generate sales

D. Residual Income (RI) as an Alternative to ROI ,[object Object],[object Object],[object Object],Residual Income (RI) overcomes the underinvestment problem of ROI since any investment earning more than the cost of capital will increase residual income.

Measuring the Performance of Investment Centers ,[object Object],[object Object]

Components of RI ,[object Object],[object Object],[object Object]

Economic Value Added ,[object Object],[object Object]

Measuring the Performance of Investment Centers ,[object Object],[object Object],Total capital employed = capital assets plus other expenditures meant to have a long-term payoff

MVA ,[object Object],[object Object]

Management Control System

Empfohlen

Empfohlen

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (20)

Ähnlich wie Management Control System

Ähnlich wie Management Control System (20)

Mehr von Manohar Prasad, PgMP®, PMP®, PMI-ACP®, CAL®, ACC®, CSP®

Mehr von Manohar Prasad, PgMP®, PMP®, PMI-ACP®, CAL®, ACC®, CSP® (13)

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

Management Control System

Hinweis der Redaktion