Management Accounting

Management accountancyFrom Wikipedia, the free encyclopediaAccountancyKey conceptsAccountant·Accounting period·Bookkeeping· funds and accrual basis·Constant Item Purchasing spring Accounting·Cost of goods sold·Debits and credits·Double-entry system· charming value chronicle·FIFO & LIFO·GAAP/ supranational financial Reporting Standards·General ledger·Historical live·Matching principle·Revenue recognition·Trial balanceFields of accountingCost·Financial·Forensic·Fund·Management·TaxFinancial statements rehearsal of Financial Position·Statement of cash flows·Statement of changes in equity·Statement of comprehensive examination income·Notes·MD&A·XBRLAuditingAuditors report·Financial audit·GAAS/ISA· ingrained audit·SarbanesOxley ActAccounting qualificationsCA·CCA·CGA·CMA·CPA·CGFM·APAThis box:view·talk·editManagement accountingormanagerial accountingis relate with the provisions anduse ofaccountinginformation to managers inwardly organizations, to provide them with the basis to make certain business decisions that will allow them to be better furnish in their management and control functions.In contrast tofinancial accountancyinformation, management accounting information is: *.

designed and intended for use by managers within the organization, alternatively of being intended for use by shareholders, creditors, and public regulators; *.usually confidential and used by management,instead of publicly reported; *.forward-looking, instead of diachronic; *.computed by reference to the needs of managers, often usingmanagement informationsystems, instead of by reference to general financial accounting standards.Contents[hide]1Definition2Traditional vs. innovative practices3Role within a corporation3.1An alternative view4Specific concepts4.1Cost accounting4.1.1Grenzplankostenrechnung (GPK)4.2Lean accounting (accounting for lean enterprise)4.3Resource consumption accounting (RCA)4.4Throughput accounting4.5Transfer pricing5Resources and continuous learning6Management accounting tasks/ services... If you want to get a large essay, order it on our website: Orderessay

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