MANAGEMENT FOR ACCOUNTING
MANAGEMENT
(Sprache: Englisch)
The process of creating organization goals by identifying, measuring, analyzing, interpreting and communicating information to managers is call management or managerial accounting. Management accounting focuses on all accounting aimed at informing...
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The process of creating organization goals by identifying, measuring, analyzing, interpreting and communicating information to managers is call management or managerial accounting. Management accounting focuses on all accounting aimed at informing management about operational business metrics. Managerial accounting involves the presentation of financial information for internal purposes to be used by management in making key business decisions. ... Managerial accounting encompasses many facets of accounting, including product costing, budgeting, forecasting, and various financial analysis. Another key role of management accounting is to help managers decide on the prices of products, by providing all the information regarding costs, market factors, and profitability. ... Essentially, management accountants provide key insights that help a company's management team make many of their decisions. The difference between financial and managerial accounting is that financial accountingis the collection of accounting data to create financial statements, while managerial accounting is the internal processing used to account for business transactions.
Autoren-Porträt von Derese Alehegn
Alehegn, DereseDerese simegnew have Degree on department of educational planning and management by specialized educational policy and planning at Addis Ababa university from (nov 2010-2012) and business administration at admass university in (2018-2020).
Bibliographische Angaben
- Autor: Derese Alehegn
- 216 Seiten, Maße: 22 cm, Kartoniert (TB), Englisch
- Verlag: LAP Lambert Academic Publishing
- ISBN-10: 6202814780
- ISBN-13: 9786202814782
Sprache:
Englisch
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