Management accounting is concerned with the provisions and use of accounting information to managers within business, to provide them with the basis to make informed business decisions that will allow them to be better prepared in their management and control functions.
Management accounting uses both cost and financial info to advise management in planning and controlling the organization. Management accounting is used for providing information the organization people. Management accountants design specific purpose reports to serve needs of decision makers. Because internal decision makers are primarily concerned with impact
Managerial/Management/Cost Accounting Formulas: Cost of Goods Manufactured, Sold, and Income Statement Formulas Cost Volume Profit (CVP) Formulas Recommended Books ! Or Download E accounting book in MS-word format for just 20 $ - Click here to Download