Management accounting, Managerial Accounting

Management Accounting

An accounting discipline concerned with the use of financial information. It used to relevant information by managers and other decision makers inside a specific company. The information is designed to facilitate organizational, strategic, and operational decisions. The main motive of accounting is to enhance the ability of management to perform its job of decision making, planning, and control.

Posted Date: 10/17/2012 2:17:44 AM | Location : United States







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

Write discussion on Management accounting
Your posts are moderated
Related Questions
Planning Planning is the fundamental function of the management by means of which the managers decide: What goals are to be accomplished How they will be accomplished.

Explain the terms - maintenance and improvement Maintenance ; under the maintenance function, the management must first establish policies rules directives and standard operat

What is behind the wave of mergers in the banking industry? A: Several economic factors have caused banking institutions to merge over the past several years. These factors inc

Ask queThe standard cost of chemical mixture ~ PQ’ is as follows: 40% of material P @ Rs. 400 per kg. 60% of material Q @ Rs. 600 per kg. A standard loss of 10% is normally anticip

Quick ratio Meaning: this ratio establishes a relationship among quick assets and current liabilities Objective: the objective of commuting this ratio is to calculate th

Explains how activity –based techniques can be used to improve performance

The Rohr Company’s old equipment for making subassemblies is worn out. The company is considering two courses of action: (a) Completely replacing the old equipment with new equipme

You have been asked to determine the EPS indifference EBIT* level for your firm using the following information. Under the high-leverage alternative (a D/E ratio of 1.50), the firm

h. Production orders that had cost 450,000 to complete according to their job cost sheets were shipped to customers during the month. These goods were sold on account at 50% above

What is Standard costing Standard cost is a predetermined cost. It is a determination in advance of production of what should be the cost. When standard costs are used for the