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Management Accounting febd49c97ced5408f0236f56e633ceeb - Coggle Diagram
Management Accounting
Scope of Management Accounting
Decision Accounting
Standard Costing
Historical Cost Accounting
Analysis of Financial Statement
Marginal Costing
Revaluation Accounting
Budgetary Control
Financial Planning
Functions of Management Accounting
Controlling
Coordinating Operations
Motivating
Decision Making
Planning and Policy Formulation
Help in Organizing
Uses of Information
Reporting
Limitations of Management Accounting
Persistent Efforts
Intensive Decision
Lack of knowledge
Costly Installation
Limitations of Basic Records
Personal Bias
Evolutionary’ Stage
Management Accounting is only a tool.
Roles of Management Accounting
Efficient Control
Increase Labor Efficiency
Increasing Efficiency to Business Operations
Achieve Management Efficiency
Efficient Planning
Help Management Function
Communicating
