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Cost Accounting Sixteenth Edition, Global Edition Chapter 1 The Manager and Management Accounting Copyright © 2018, 2016, 2015 Pearson Education, Ltd. All Rights Reserved. Learning Objectives (1 of 2) 1.1 Distinguish financial accounting from management accounting 1.2 Understand how management accountants help firms make strategic decisions 1.3 Describe the set of business functions in the value chain and identify the dimensions of performance that customers are expecting of companies 1.4 Explain the five-step decision-making process and its role in management accounting Copyright © 2018, 2016, 2015 Pearson Education, Ltd. All Rights Reserved. Learning Objectives (2 of 2) ‪ 1.5 Describe three guidelines management accountants follow in supporting managers ‪ 1.6 Understand how management accounting fits into an organization’s structure ‪

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