Management Accounting
Management Accounting
6th Edition
ISBN: 9780137024971
Author: Robert S. Kaplan, Anthony A. Atk...
Publisher: Pearson College Div
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Chapter 1, Problem 1Q
To determine

Explain the management accounting.

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Management accounting: Management accounting is the process of identifying, measuring, analyzing, interpreting, and communicating information which are intended to meet the goals of the organization.

Management accounting aims the planning and performance measurement systems based on the financial and non-financial information to develop the company performance and to execute the strategies of the company. The information provided by the management accounting system should be significant and helpful which should be customized to fulfil multiple objectives of the company.

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