Management Accounting: LO1

MANAGEMENT ACCOUNTINGMANAGEMENT ACCOUNTING
LO1LO1

TABLE OF CONTENTTABLE OF CONTENT
• IntroductionIntroduction
• Management accountingManagement accounting
• Different management accounting and its requirements in context of an organisationDifferent management accounting and its requirements in context of an organisation
• Management accounting reporting systemManagement accounting reporting system
• Different management accounting reporting system and its requirements in contextDifferent management accounting reporting system and its requirements in context
of an organisationof an organisation
• Evaluate different advantage of management accounting systemEvaluate different advantage of management accounting system
• Integration of management accounting system & management accounting reportingIntegration of management accounting system & management accounting reporting
• ConclusionConclusion
• ReferencesReferences

INTRODUCTIONINTRODUCTION
• Management Accounting is the accounting
branch in which accounting is presented or
provided to management team in appropriate
or systematic manner so it become easy for
them to perform the functions related to
planning, organising, staffing, directing,
controlling , decision making so that
smoothly the business can run.

EXPLAIN MANAGEMENTEXPLAIN MANAGEMENT
ACCOUNTINGACCOUNTING
• It includes two words first one is management and the other is accounting. It is
based on accounts that tends to raise managerial efficiency through providing all
relevant information and data that are important for every manager s in effective
decision making. To assist the management by supplying the information which is
necessary for accounting. Their scope is broad as cost accounting, statistic and
financial accounting are linked to the concept management accounting.