Archive | Management Accounting

Management Accounting: Meaning, Nature, Characteristics, Objectives, Tools, Advantages and Limitations

In this article we will discuss about:- 1. Meaning of  Management Accounting 2. Nature of Management Accounting 3. Characteristics 4. Objectives and Functions 5. Tools and Techniques 6. Installation of Management Accounting System 7. Organisation 8. Advantages/ Merits/ Uses 9. Limitations. Management Accounting: Meaning, Nature, Characteristics, Objectives, Tools, Advantages and Limitations Contents: Meaning of  Management Accounting Nature of Management Accounting [...]

By |2018-06-18T11:02:00+00:00June 18, 2018|Management Accounting|Comments Off on Management Accounting: Meaning, Nature, Characteristics, Objectives, Tools, Advantages and Limitations
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Top 10 Functions of Management Accounting

The following points highlight the top ten functions of management accounting. The functions are: 1. Forecasting and Planning 2. Organising 3. Coordinating 4. Controlling Performance 5. Financial Analysis and Interpretation 6. Communication 7. Special Studies 8. Protection of Business Assets 9. Tax Policies. Management Accounting: Functions # 1. Forecasting and Planning: One of the important functions of management accounting is [...]

By |2016-06-18T06:58:43+00:00June 18, 2016|Management Accounting|Comments Off on Top 10 Functions of Management Accounting
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Management Accounting: Meaning, Limitations and Scope

In this article we will discuss about Management Accounting:- 1. Meaning of Management Accounting 2. Limitations of Management Accounting 3. Characteristics 4. Scope. Meaning of Management Accounting: Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking. Thus, it relates to the [...]

By |2016-06-18T06:58:43+00:00June 18, 2016|Management Accounting|Comments Off on Management Accounting: Meaning, Limitations and Scope
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