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Management Accounting: Difference, System, Reporting Methods

   

Added on  2023-01-12

16 Pages935 Words96 Views
MANAGEMENT
ACCOUNTING
TASK 1

TABLE OF CONTENT
INTRODUCTION
MANAGEMENT ACCOUNTING
DIFFERENCE BETWEEN MANAGMENET
ACCOUNTING AND FINANCIAL ACCOUNTING
MANAGEMENT ACCOUNTING SYSTEM
MANAGEMENT ACCOUNTING REPORTING
METHODS
BENEFITS OF MA SYSTEM
INTEGARTAION OF MA AND ITS SYYSTEM
CONCLUSION
REFERENCES

INTRODUCTION
Management Accounting implies to practice of conducting
the inner operating operations and implementing relevant
decisions to efficiently accomplish the business purpose.
This is generally used to make the necessary choices for
company's internal motives which involve financial and
non-fiscal information.

MANAGEMENT ACCOUNTING
Management accounting comprises financial details which
helps the managers in carrying out day-to-day
managing operations to improve both profitability level and
productivity. The primary focus of managerial accounting
practices is to assist the company and make productive
decisions except financial accounting that involves financial
statements for an organization's external interested parties.

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