Management Accounting

Management Accounts

Management accounting commonly called'' management accounting'' is the development of the acquisition of information and data obtained in order to support the various planning decisions, organization, management and control for managers and employees. This information will be used to achieve multiple business objectives.

Unlike managerial accounting, financial accounting, it is intended to inform shareholders, bankers and others outside the company in financial position thereof.

While in financial accounting, tasks are more focused on transactions and currency transactions past, management accounting is meant more future oriented. This is why planning is among the major activities of the accounting exercise. It will continually ...