Management Accounting: Types, Methods, and Reporting

Management accounting

Table of content
 Introduction
 Part 1
 Management accounting and essential requirements of different types of management
accounting systems.
 Explain different methods used for management accounting reporting.
 Conclusion
 References

Introduction
 Management accounting is a system of structured form of managing business
operations and its financial funding. It considers the facts and figures of
accounts an organisation prepare to make easy with monetary flow into
organisational activities.
 Management of accounting is an integrated part of management system through
which a manager clearly formulate strategies and evaluate decision making
process to records and make reports of accounting standards.
 It does include various tasks such as preparation of budgets, income statement,
audits , journals and books of accounts, these documents are necessary to
prepare for organisation run in a long run and have good revenue optimisation.