Introduction of management accounting, accounting, Basic Statistics

Introduction of Management Accounting


Management accounting or managing sales is worried with the conditions and use of sales details to professionals within companies, to offer them with the time frame to make knowledgeable business options that will allow them to be better outfitted in their management and control features.


In comparison to financial accountant''s details, management sales details are:


Primarily forward-looking, instead of historical;


Model centered with a level of abstraction to aid selection generically, instead of situation based;


Designed and suitable for use by professionals within the company, instead of being suitable for use by investors, lenders, and community regulators;


Usually private and used by management, instead of widely reported;


Computed by referrals to the needs of professionals, often using management computer, instead of by referrals to common financial sales expectations.

Posted Date: 2/8/2012 7:00:42 AM | Location : United States







Related Discussions:- Introduction of management accounting, accounting, Assignment Help, Ask Question on Introduction of management accounting, accounting, Get Answer, Expert's Help, Introduction of management accounting, accounting Discussions

Write discussion on Introduction of management accounting, accounting
Your posts are moderated
Related Questions
Q. Example of inference? Ans. Thirty students from a college were surveyed and classified according to two variables: (1) gender (M/F) and (2) major (liberal arts, busines


Susan’s proposed budget for 2011 includes a substantial repayment of the bank loan. If the repayment occurs, is the firm likely to break even in 2012? Explain.

a)  The US Food and Drug Administration has veto power over the choice of drug names. In 2004, it used this power regularly, rejecting 36% of the names proposed by companies for re

I have four assignments that are due tomorrow. Can you help?

While the differences between IFRS and GAAP are reducing, there still are significant differences between the two. While the IFRS has been developed by the IASB (International A

What methods did you consider when putting the data into a more useable format

Manchester Custom Fabricating Company uses a job order system. At the beginning of May, Manchester had two jobs in process, Job #22 (DM = $600 and DL = $780), and Job #23 (DM = $75

Studies have linked brain size in infants and toddlers to a number of future ailments, including autism. One study looked at the brain sizes of 30 autistic boys and 12 nonautistic