Category: Management Accounting

Scope of Management Accounting

Scope of Management Accounting The main purpose of management accounting is to utilize the accounting information in solving the business problems and taking scientific decisions. Moreover, the scope of …

Principles of Management Accounting

13 Important principles of Management Accounting The following are the generally accepted principles of management accounting. 1. Designing and Compiling Accounting information, records, reports, statements and other evidence of …

Importance of Management Accounting

Importance of Management Accounting The management required the quantitative information for the performance of planning, control, coordination, motivation, organizing, staffing and the like. The quantitative information should not be …