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Management Accounting Notes

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Notes for Management Accounting

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54 Pages Complete Study Notes

5 Ex Credits


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Topics this document covers:
Business economics Economy Accounting Financial statements Financial regulation International Financial Reporting Standards Financial accounting Balance sheet Provision Liability Asset Equity
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Topics this document covers:
Business economics Economy Accounting Financial statements Financial regulation International Financial Reporting Standards Financial accounting Balance sheet Provision Liability Asset Equity
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 f...
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