Management Accounting Systems and Reports

Management
Accounting

Table of Contents
• Introduction
• Management accounting systems
• Management accounting reports
• Conclusion
• References

Introduction
Management is the process for making reports which helps for managing activities for the organisations which helps
managers for company's decision making. Company which use management accounting for making its higher profitability.
The company which is includes for this report is Prime Furniture. It is the growing East London bases company
which is planning for starting training course

Management accounting systems
Management accounting is the process which helps for providing information for the higher authorities for company's decision
making. In context to Prime furniture, management accounting systems helps for managing its activities which helps it for
accomplish its objectives which gives higher profitability for the business.
Types of management accounting systems within Prime Furnitures are as follows:
•Cost accounting system
•Inventory accounting system