Management accounting: Difference between revisions
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''Internal reporting.'' | |||
Management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making. | Management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making. | ||
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== See also == | == See also == | ||
* [[Absorption costing]] | * [[Absorption costing]] | ||
* [[Accounting]] | |||
* [[Accounts]] | * [[Accounts]] | ||
* [[Activity-based costing]] | * [[Activity-based costing]] | ||
Latest revision as of 23:53, 6 July 2022
Internal reporting.
Management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making.
It generally involves the establishment of cost centres, and often profit centres, with associated budgeting, forecasting and reporting activity.
Management accounting is sometimes also known as cost and management accounting.
