This report discusses the concept of management accounting and its role in tracking and recording financial and non-financial information. It explores different types of management accounting systems such as cost accounting, inventory management, and job costing. The report also covers management accounting reporting and the integration of management accounting systems and reports. Additionally, it discusses accounting techniques for preparing financial reports and different planning tools for financial management. Finally, it examines how management accounting systems can be used to solve financial issues. The case study focuses on Innocent Furnitures Limited, a manufacturing business of tables and chairs.
![[object Object]](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Flogo.6d15ce61.png&w=640&q=75){kind=small}
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
