Management Accounting and Costing Techniques for Income Statement Preparation

MANAGEMENT
ACCOUNTING

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1: Management accounting and its various management accounting systems....................1
P2: Justify various method of management accounting reporting.........................................3
TASK 2............................................................................................................................................6
P3: Cost accounting techniques to prepare an income statement...........................................6
TASK 3..........................................................................................................................................11
P4: Advantages and disadvantages of different kind of planning tools of budgetary control.11
TASK 4..........................................................................................................................................13
P5 Adoption of management accounting systems to respond financial problems...............13
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16