Description about Management Accounting, its Objectives and advantages.

1. BY:- PANKAJ DIXIT
(MBA)
Management Accounting.
Its Objectives & Advantages

2. Meaning of Management Accounting
“Management accounting concerned with accounting
information that is useful to management”.
-R.N. Anthony

3. Objectives of Management Accounting
The objectives of management accounting are
categorized on two basis:-
(A) Operating Objectives:
Recording of Data.
Validating the Data.
Interpretation of Data.
Communicating the Data.

4. Cntd….
(B) Theoretical Objectives:-
Planning.
Controlling.
Decision Making.

5. Advantages of Management Accounting
 Maximum return on capital employed.
 It helps In target-fixing.
 Better and improved services by management.
 Efficient planning

6. Thank You.