54 Pages

Management Accounting Notes

MBS513 - Mangement Accoutning

User Description:

Notes for Management Accounting

This student studied:

5 Ex Credits


Sample Text:
Can be reliably measured and recorded) The communication of relevant information (makes a difference to decision making) through accounting reports in an aim to aide decision making Decision making used for a range of decisions by external and internal users Book Keeping: recording and summarising of financial transactions and the preperation of basic financial statements (part of the accounting process Accounting is important to internal users (managers who use the information to assist in various management functions) as it allows them to achieve Decision making in regards to the operations of a business ...
Topics this document covers:
Technology Finance Law Labor Business Social Issues War Financial ratio Balance sheet Income statement Book value Cash flow statement Historical cost Accountancy Generally Accepted Accounting Principles Working capital International Financial Reporting Standards Operating cash flow

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