Difference between revisions of "Management Accounting"

From Open Risk Manual
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Management accounting is distinct from conventional [[Accounting]] as it is concerned with ''making decisions'' about products, services, prices and what costs to incur and ensuring that plans are implemented and achieved.
 
Management accounting is distinct from conventional [[Accounting]] as it is concerned with ''making decisions'' about products, services, prices and what costs to incur and ensuring that plans are implemented and achieved.
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== References ==
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* [[wiki:Management accounting | Management accounting]]
  
 
[[Category:Management]]
 
[[Category:Management]]
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[[Category:Accounting]]

Revision as of 13:29, 11 August 2022

Definition

Management Accounting is the production of financial and non-financial information used in planning for the future.

Management accounting is distinct from conventional Accounting as it is concerned with making decisions about products, services, prices and what costs to incur and ensuring that plans are implemented and achieved.

References