Managerial Accounting

Managerial Accounting is defined as the measuring, analyzing the business transactions for organizations goal. Managerial accounting helps the manager to take decision within the organization. Managerial accounting is the combination of both financial and non-financial decisions making information’s to managers.

About Us

About Us: Our Mission To enrich people’s lives with knowledge and services that inform, and educate. Our Vision To be the most creative, informative and user-friendly financial and managerial accounting website in the world. Our Values Trust is at the foundation of We

History of Managerial Accounting

History of Managerial Accounting: Managerial accounting has its roots in the industrial revolution of the 19th century. During this early period, most firms were tightly controlled by a few owner-managers who borrowed based on personal relationships and their personal assets. Since there were no external shareholders and

Need for Managerial Accounting Information

Need for Managerial Accounting Information: Learning objectives of this article: What is the need of managerial accounting in organizations and business firms? Every organization – large and small-has managers. Someone must be responsible for making plans, organizing resources, directing personnel, and controlling operations. Every where mangers carry out

What is Managerial Accounting

What is Managerial Accounting: Learning objectives of this article: What is managerial accounting? What are functions of managerial accounting? Managerial accounting is concerned with providing information to managers that is, people inside an organization who direct and control its operation. In contrast, financial accounting is concerned

Introduction to Managerial Accounting

Introduction to Managerial Accounting:   After studying this chapter you should be able to: Identify the major differences and similarities between financial and managerial accounting. Understand the role of management accountants in an organization. Understand the importance of upholding ethical standards. What is managerial accounting? Managerial accounting is concerned with
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