Difference between revisions of "Management accounting"
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Management accounting]]. Measures, analyzes, and reports financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization. It focuses on internal reporting. | :[[Management accounting]]. Measures, analyzes, and reports financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization. It focuses on internal reporting. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Management accounting]]. A profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management m _the formulation and implementation of an organization's strategy. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 11:56, 15 July 2020
Management accounting is measures, analyzes, and reports financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization. It focuses on internal reporting.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Management accounting. Measures, analyzes, and reports financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization. It focuses on internal reporting.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Management accounting. A profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management m _the formulation and implementation of an organization's strategy.
