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Managerial accounting is
Informations is be processed and prepared inside the company and are often unpublicized
Aims to support decision-makers in the administration
The difference between the Managerial accounting and financial accounting is
* - not obligatory
* - Historical
* - Straight
processing information to help decision makers to make the decision - inside users-
is concerned principally with reporting to internal users and management accountant's goal is to produce reports that improve organizational decision making. Management accounting is thus future-oriented.
Many Thanks Aya for inviting me..managerial accounting provides information that helps manager in allocating resources within a company or helps in controlling activities within a company..many professional already described it completely before me :)
Management accounting combines accounting, finance and management with the leading edge techniques needed to drive successful businesses.
also known as cost accounting.
The process of identifying, measuring, analyzing, interpreting, and communicating information for the pursuit of an organization's goals.
I agree with most of answers provided
to consolidate the accounting data to determine the specific results or trends
If you like keeping track of a company's income and expenses but also want to hold a position with significant responsibility and authority, management accounting could be the job for you. This article will teach you about the profession of management accounting, from a management accountant's job responsibilities, skill set and formal educational requirements to the professional designations that can help you get ahead, as well as the career ladder for a management accounting job.
Managerial Accounting is a branch of accounting serve internal users and management by providing the information that will help them in decision making .