Management Accounting - Meaning, Definition and Ratio Analysis,. Difference between Cost Accounting and Management Accounting

1. WELCOME

2. PRESENTATIONBY
M.NIVETHA

3. MANAGEMENT
ACCOUNTING

4. Meaning of management accounting
Management Accounting is the
presentation of accounting information in
such a way as to assist management in the
creation of policy and the day-to-day
operation of an undertaking.

5. DEFINITION OF MANAGEMENT ACCOUNTING
Management accounting, also called managerial accounting
or cost accounting, is the process of analysing business
costs and operations to prepare internal financial report,
records, and account to aid managers’ decision making
process in achieving business goals. In other words, it is the
act of making sense of financial and costing data and
translating that data into useful information for management
and officers within an organization.

7. Difference between management accounting &financial
accounting

8. Difference between management accounting &cost accounting

9. Ratio analysis
Ratio analysis is a quantitative method of
gaining insight into a company's liquidity,
operational efficiency and profitability by
comparing information contained in its
financial statements. Ratio analysis is a
cornerstone of fundamental analysis.

11. RATIO ANALYSIS FORMULA

12. Example:1
The following is the Balance Sheet of a company as on 31st March:

14. EXAMPLE:2
EXTRACT FROM FINANCIAL ACCOUNTS OF X, Y, Z LTD. ARE:

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