Management Accounting: Systems, Reporting, and Integration

Management
accounting
LO1

Content
 Introduction
 Management accounting
 Different management accounting and its requirements in context
of an organisation
 Management accounting reporting system
 Different management accounting reporting system and its
requirements in context of an organisation
 Evaluate different advantage of management accounting system
 Integration of management accounting system & management
accounting reporting
 Conclusion
 References

Introduction
 Management accounting is the
process of maintaining records of
all important internal information
of enterprise so it becomes easy to
take strategic decision for the
purpose of betterment of
company. With the help of such
technique it become easy to
outsider like creditors, merchant
bankers, debenture holders, QIB's,
shareholders to understand
whether company is performing in
profitable manner or not.

Explain management accounting
 Management Accounting is the provision of financial as well as non financial
decision making information to managers. It is also known as cost accounting
system. Management accounting involves the practice of identification ,
measurement, analyse, interpret ate and communicate all the relevant important
financial information to different managers of various department so that they can
easily achieve the objectives of the company.