Dasar-Dasar Akuntansi Manajemen

Summary

In this video, Maria Monika Rangkuti introduces the basics of management accounting. She explains how accounting information helps managers plan, control, and evaluate business activities, with real-world examples from event management. The video covers key topics such as accounting information systems, the role of management accounting in decision-making, and the differences between management accounting and financial accounting. Key distinctions include users, types of information, standards, and the scope of application. The session emphasizes the importance of management accounting in making smarter, more efficient business decisions.

Takeaways

• 😀 Accounting information helps managers understand product and service costs, plan business activities, evaluate performance, and make decisions.
• 😀 Management accounting systems process economic data into useful information for decision-making within the organization.
• 😀 Examples of accounting information include cost data for events like venue rentals, artist fees, and promotional expenses for event organizers.
• 😀 The role of management accounting includes planning, controlling, and decision-making to ensure business objectives are met efficiently.
• 😀 In the planning phase, management accounting helps allocate budgets and plan resources for activities like events or product launches.
• 😀 During controlling, management accounting helps monitor expenses and take corrective actions if actual costs exceed budgeted amounts.
• 😀 In decision-making, management accounting assists in comparing alternatives and evaluating the long-term benefits and costs of choices.
• 😀 Management accounting focuses on internal decisions, while financial accounting is primarily used for external reporting (investors, government, etc.).
• 😀 Management accounting provides detailed, specific information, whereas financial accounting provides broader, summary-level data.
• 😀 Management accounting is not bound by formal standards (e.g., PSAK), while financial accounting must adhere to these standards for external consistency.
• 😀 The main difference between management and financial accounting lies in the time focus—management accounting looks to the future, while financial accounting looks at the past.

Q & A

What is the main focus of this managerial accounting course?

The course focuses on introducing the basics of managerial accounting, including understanding accounting information, the role of management accounting, the management accounting system, and how it differs from financial accounting.

What is the role of accounting information in managerial decision-making?

Accounting information helps managers make informed decisions by providing financial and operational data that supports cost planning, budgeting, performance evaluation, and business strategy formulation.

How does an event organizer use accounting information in their business?

An event organizer, like for a music concert, uses accounting information to calculate costs for items like venue rental, artist fees, and promotional expenses. This information helps determine ticket pricing and sales targets to achieve optimal profit.

What is a Management Accounting System (MAS) and how does it work?

A Management Accounting System (MAS) processes economic data such as costs and operational figures, and generates reports like cost reports, budgets, and performance evaluations. This data assists managers in making decisions regarding business activities such as planning and controlling.

What are the key stages involved in the role of management accounting in business?

Management accounting plays a role in three key stages: planning (setting strategies and budgets), controlling (monitoring and adjusting expenditures as needed), and decision-making (evaluating alternatives and selecting the most cost-effective options).

What is the difference between managerial accounting and financial accounting in terms of users?

Managerial accounting is used by internal stakeholders, such as managers, to make business decisions. Financial accounting, on the other hand, is used by external stakeholders like investors, government bodies, and customers.

How does the scope of information differ between managerial and financial accounting?

Managerial accounting focuses on specific departments or parts of a business, such as sales or production costs, while financial accounting provides a broad, organization-wide view of financial performance for external stakeholders.

How does the time focus differ between managerial accounting and financial accounting?

Managerial accounting is future-oriented, helping managers plan and forecast. In contrast, financial accounting looks at past data to report on historical performance.

Why does managerial accounting not follow standard accounting rules like PSAK?

Managerial accounting is designed to serve internal decision-making needs, and thus, it does not need to adhere to formal accounting standards like PSAK (Indonesian Financial Accounting Standards) that are required for financial accounting, which is intended for external reporting.

Can you explain the significance of cost allocation in event planning from a managerial accounting perspective?

Cost allocation in event planning is crucial because it ensures that every aspect of the event, such as decorations, catering, and venue costs, is properly budgeted. Managerial accounting helps determine how much money needs to be allocated to each component to achieve financial goals and maintain control over the budget.