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From International Center for Etudes
Accounting for Planning and Control



Accounting for planning:
o Master Budget and responsibility accounting
o Budgets and Budgeting cycle
o Advantages of budgets
o Activity based budgets
o Budgeting and responsibility accounting
Accounting for control:
o Responsibility and controllability
o Flexible budgets and variances and management control
o The use of variances
o Static budget and flexible budget
o Benchmarking and Budget
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Statistical Process Control



SPC is a tool used to monitor a process during its operation in order to control the quality of the products while they are being produced, rather than relying on inspection to find problems after the fact.
It involves gathering information about the product, or the process itself, on a near real-time basis so that the process attendant/engineer can take action on the process immediately an
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