Managerial Accounting Assignment Help | Managerial Accounting Homework Help

Managerial Accounting

Also known as management accounting, managerial accounting is a profession that includes management decision based on financial accounting, control to assist management, measuring, identifying, analysing, interpreting, and communicating about and in relation to pursuit the strategic goal of an organization. Management accounting encompasses three areas of business management and these areas are:
  • Performance management: managing performance of the organization.
  • strategic management:
  • Risk management: identifying, measuring, managing, as well as coordinating risks related to achievement of the objective of the organizations.
Managerial accounting is also called cost accounting, and it is process that helps managers to form strategies within the organization for making the decision.

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