Management Accounting Systems and Reports

MANAGEMENT
ACCOUNTING
TASK 1.

TABLE OF CONTENT
 Introduction
 Management accounting systems
 Difference between MA and FA
 Management accounting reports
 Benefits of management accounting systems
 Presentation of financial information
 Integration of MAS and MA reports
 Conclusion
 References

INTRODUCTION
There are several accounting activities in the financial sector,
one of which is management accounting. This can be
characterized as an accounting method in which internal reports
are produced by accounting division of business entities in
order to help managers for better decision making. In the power
point presentation a company has been chosen that is prime
furniture limited. The company is located in London east. The
power point presentation covers detailed information regards to
different types of accounting systems and methods of reporting.

MANAGEMENT ACCOUNTING
SYSTEMS
It can be interpreted as a kind of accounting process by
which quantitative and qualitative knowledge of a company
is systemically handled in order to produce internal reports.
It consists different types of accounting systems such as:
 Cost accounting system
 Price optimization system
 Inventory management system
 Job costing system