Management Accounting

1. Management Accounting - Nature
And Scope
Classification of Accounting
Fin. Accounting Cost Accounting Management Accounting

2. Management Accounting
“Management Accounting is the term used to describe
accounting methods, systems and techniques which coupled
with special knowledge and ability, assists management in
its task of maximising profits or minimising losses.
Management Accountancy is the blending together into a
coherent whole, financial accounting, cost accountancy and
all aspects of financial management.”

3. Scope
1. Financial Accounting
2. Cost Accounting
3. Budgeting and Forecasting
4. Cost Control Procedures
5. Reporting
6. Methods and Procedures
7. Tax Accounting
8. Internal Financial Control
9. Interpretation
10.Office Services
11. Evaluating the Performance of the Management