Management Accounting: Principles, Role, and Techniques

TASK 1 & 2
MANAGEMENT ACCOUNTING

Table of Content
 Introduction
 Management accounting system
 Role of management accounting
 Principle of management accounting
 Management accounting reports
 Benefits of system
 Integration with organizational process
 Management accounting techniques
 Conclusion
 References

Introduction
Management Accounting is a theory that produces it to be translated by a
utilization of data. It involves different method processes that play
efficiently and aspects related to firm activities and goals that are
controlling.
In this presentation discuss about the principles and role of management
accounting. Along with different techniques as well as method utilized to
present calculation through income statement. Additionally, MA integrated
with business and provides benefits of different functions in context of
business entity.

Management Accounting System
 It is a process of identifying, measuring, collecting, preparing,
distributing and describing information to aid directors while decision
to fulfilling targets, making. It's categorized as cost flow assumption in
addition to input base, cost accumulation procedures, inventory cost
flow.
 In value to Renishaw Plc, it's used to quantify earnings, assets in
addition to costs. Towards selecting alternative that is appropriate in
decision making, it assists. It includes definite accounting system
which are mentioned as: