Objective of management accounting

Accounting management

1. Objective of Management Accounting Tejas V This Photo by Unknown author is licensed under CC BY-SA .

2. What is Management accounting Management Accounting is the process of Measuring, Analyzing and Reporting Financial and Nonfinancial information that helps managers make decisions to fulfill the goals of an organization.

3. Objectives of Management accounting Assist management providing relevant information for better decision making  Provides Data Modify data Analyzes data Meaningful discussions Helps in achieving goals Uses qualitative information

4. Evolution of management accounting

5. Functions of Management accounting Providing Accounting Information Cause and effect analysis Supplies Information and not decision Use of Special Techniques and concepts Increase in Efficiency

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