Management accounting - Wikipedia

In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of ... Managementaccounting FromWikipedia,thefreeencyclopedia Jumptonavigation Jumptosearch Fieldofbusinessadministration,partoftheinternalaccountingsystemofacompany PartofaseriesonAccounting Historicalcost Constantpurchasingpower Management Tax Majortypes Audit Budget Cost Forensic Financial Fund Governmental Management Social Tax Keyconcepts Accountingperiod Accrual Constantpurchasingpower Economicentity Fairvalue Goingconcern Historicalcost Matchingprinciple Materiality Revenuerecognition Unitofaccount Selectedaccounts Assets Cash Costofgoodssold Depreciation /Amortization(business) Equity Expenses Goodwill Liabilities Profit Revenue Accountingstandards Generally-acceptedprinciples Generally-acceptedauditingstandards Convergence InternationalFinancialReportingStandards InternationalStandardsonAuditing ManagementAccountingPrinciples Financialstatements Annualreport Balancesheet Cash-flow Equity Income Managementdiscussion Notestothefinancialstatements Bookkeeping Bankreconciliation Debitsandcredits Double-entrysystem FIFOandLIFO Journal Ledger /Generalledger Trialbalance Auditing Financial Internal Firms Report Sarbanes–OxleyAct Peopleandorganizations Accountants Accountingorganizations LucaPacioli Development History Research Positiveaccounting Sarbanes–OxleyAct Misconduct Creative Earningsmanagement Erroraccount Hollywood Off-balance-sheet Twosetsofbooks vte Inmanagementaccountingormanagerialaccounting,managersuseaccountinginformationindecision-makingandtoassistinthemanagementandperformanceoftheircontrolfunctions. Contents 1Definition 2Scope,practice,andapplication 3FinancialversusManagementaccounting 4Traditionalversusinnovativepractices 5Rolewithinacorporation 6Specificmethodologies 6.1Activity-basedcosting(ABC) 6.2Grenzplankostenrechnung 6.3Leanaccounting(accountingforleanenterprise) 6.4Resourceconsumptionaccounting(RCA) 6.5Throughputaccounting 6.6Transferpricing 7Resourcesandcontinuouslearning 8Tasksandservicesprovided 9Relatedqualifications 10Methods 11Seealso 12References 13Furtherreading 14Externallinks Definition[edit] IFACDefinitionofenterprisefinancialmanagementconcerningthreebroadareas:costaccounting;performanceevaluationandanalysis;planninganddecisionsupport.Managerialaccountingisassociatedwithhighervalue,morepredictiveinformation.[1]CopyrightJuly2009,InternationalFederationofAccountants Onesimpledefinitionofmanagementaccountingistheprovisionoffinancialandnon-financialdecision-makinginformationtomanagers.[2]Inotherwords,managementaccountinghelpsdirectorsinsideanorganizationtomakedecisions.Thiscanalsobeknown ascostaccounting.Thisisthewaytowarddistinguishing,examining,decipheringandimpartingdatatosupervisorstohelpaccomplishbusinessgoals.Theinformationgatheredincludesallfieldsaccountingthateducatestheadministrationregardingbusinesstasksidentifyingwiththefinancialexpensesanddecisionsmadebytheorganization.Accountantsuseplanstomeasuretheoverallstrategyofoperationswithintheorganization. AccordingtotheInstituteofManagementAccountants(IMA):"Managementaccountingisaprofessionthatinvolvespartneringinmanagementdecisionmaking,devisingplanningandperformancemanagementsystems,andprovidingexpertiseinfinancialreportingandcontroltoassistmanagementintheformulationandimplementationofanorganization'sstrategy".[3] Managementaccountants(alsocalledmanagerialaccountants)lookattheeventsthathappeninandaroundabusinesswhileconsideringtheneedsofthebusiness.Fromthis,dataandestimatesemerge.Costaccountingistheprocessoftranslatingtheseestimatesanddataintoknowledgethatwillultimatelybeusedtoguidedecision-making.[4] TheCharteredInstituteofManagementAccountants(CIMA),thelargestmanagementaccountinginstitutewithover100,000membersdescribes"Managementaccountingasanalysinginformationtoadvisebusinessstrategyanddrivesustainablebusinesssuccess". Scope,practice,andapplication[edit] Seealso:ManagementaccountingprinciplesandDecisiontheory TheAssociationofInternationalCertifiedProfessionalAccountants(AICPA)statesthatmanagementaccountingaspracticeextendstothefollowingthreeareas: Strategicmanagement—advancingtheroleofthemanagementaccountantasastrategicpartnerintheorganization Performancemanagement—developingthepracticeofbusinessdecision-makingandmanagingtheperformanceoftheorganization Riskmanagement—contributingtoframeworksandpracticesforidentifying,measuring,managingandreportingriskstotheachievementoftheobjectivesoftheorganization TheInstituteofCertifiedManagementAccountants(CMA)states,"Amanagementaccountantapplieshisorherprofessionalknowledgeandskillinthepreparationandpresentationoffinancialandotherdecisionorientedinformationinsuchawayastoassistmanagementintheformulationofpoliciesandintheplanningandcontroloftheoperationundertaking". Managementaccountantsareseenasthe"value-creators"amongsttheaccountants.Theyaremoreconcernedwithforward-lookingandtakingdecisionsthatwillaffectthefutureoftheorganization,thaninthehistoricalrecordingandcompliance(scorekeeping)aspectsoftheprofession.Managementaccountingknowledgeandexperiencecanbeobtainedfromvariedfieldsandfunctionswithinanorganization,suchasinformationmanagement,treasury,efficiencyauditing,marketing,valuation,pricing,andlogistics.In2014CIMAcreatedtheGlobalManagementAccountingPrinciples(GMAPs).[5]Theresultofresearchfromacross20countriesinfivecontinents,theprinciplesaimtoguidebestpracticeinthediscipline.[6] FinancialversusManagementaccounting[edit] Thisarticleneedsadditionalcitationsforverification.Pleasehelpimprovethisarticlebyaddingcitationstoreliablesources.Unsourcedmaterialmaybechallengedandremoved.Findsources: "Managementaccounting" – news ·newspapers ·books ·scholar ·JSTOR(March2017)(Learnhowandwhentoremovethistemplatemessage) Managementaccountinginformationdiffersfromfinancialaccountancyinformationinseveralways: whileshareholders,creditors,andpublicregulatorsusepubliclyreportedfinancialaccountancy,information,onlymanagerswithintheorganizationusethenormallyconfidentialmanagementaccountinginformation whilefinancialaccountancyinformationishistorical,managementaccountinginformationisprimarilyforward-looking[7][self-publishedsource?]; whilefinancialaccountancyinformationiscase-based,managementaccountinginformationismodel-basedwithadegreeofabstractioninordertosupportgenericdecisionmaking; whilefinancialaccountancyinformationiscomputedbyreferencetogeneralfinancialaccountingstandards,managementaccountinginformationiscomputedbyreferencetotheneedsofmanagers,oftenusingmanagementinformationsystems. Focus: Financialaccountingfocusesonthecompanyasawhole. Managementaccountingprovidesdetailedanddisaggregatedinformationaboutproducts,individualactivities,divisions,plants,operationsandtasks. Traditionalversusinnovativepractices[edit] Managerialcostingtimeline[8]UsedwithpermissionbytheauthorA.vanderMerwe.Copyright2011.AllRightsReserved. Thedistinctionbetweentraditionalandinnovativeaccountingpracticesisillustratedwiththevisualtimeline(seesidebar)ofmanagerialcostingapproachespresentedattheInstituteofManagementAccountants2011AnnualConference. Traditionalstandardcosting(TSC),usedincostaccounting,datesbacktothe1920sandisacentralmethodinmanagementaccountingpracticedtodaybecauseitisusedforfinancialstatementreportingforthevaluationofincomestatementandbalancesheetlineitemssuchascostofgoodssold(COGS)andinventoryvaluation.Traditionalstandardcostingmustcomplywithgenerallyacceptedaccountingprinciples(GAAPUS)andactuallyalignsitselfmorewithansweringfinancialaccountingrequirementsratherthanprovidingsolutionsformanagementaccountants.Traditionalapproacheslimitthemselvesbydefiningcostbehavioronlyintermsofproductionorsalesvolume. Inthelate1980s,accountingpractitionersandeducatorswereheavilycriticizedonthegroundsthatmanagementaccountingpractices(and,evenmoreso,thecurriculumtaughttoaccountingstudents)hadchangedlittleoverthepreceding60years,despiteradicalchangesinthebusinessenvironment.In1993,theAccountingEducationChangeCommissionStatementNumber4[9]callsforfacultymemberstoexpandtheirknowledgeabouttheactualpracticeofaccountingintheworkplace.[10]Professionalaccountinginstitutes,perhapsfearingthatmanagementaccountantswouldincreasinglybeseenassuperfluousinbusinessorganizations,subsequentlydevotedconsiderableresourcestothedevelopmentofamoreinnovativeskillssetformanagementaccountants. Varianceanalysisisasystematicapproachtothecomparisonoftheactualandbudgetedcostsoftherawmaterialsandlabourusedduringaproductionperiod.Whilesomeformofvarianceanalysisisstillusedbymostmanufacturingfirms,itnowadaystendstobeusedinconjunctionwithinnovativetechniquessuchaslifecyclecostanalysisandactivity-basedcosting,whicharedesignedwithspecificaspectsofthemodernbusinessenvironmentinmind.Life-cyclecostingrecognizesthatmanagers'abilitytoinfluencethecostofmanufacturingaproductisatitsgreatestwhentheproductisstillatthedesignstageofitsproductlife-cycle(i.e.,beforethedesignhasbeenfinalizedandproductioncommenced),sincesmallchangestotheproductdesignmayleadtosignificantsavingsinthecostofmanufacturingtheproducts. Activity-basedcosting(ABC)recognizesthat,inmodernfactories,mostmanufacturingcostsaredeterminedbytheamountof'activities'(e.g.,thenumberofproductionrunspermonth,andtheamountofproductionequipmentidletime)andthatthekeytoeffectivecostcontrolisthereforeoptimizingtheefficiencyoftheseactivities.Bothlifecyclecostingandactivity-basedcostingrecognizethat,inthetypicalmodernfactory,theavoidanceofdisruptiveevents(suchasmachinebreakdownsandqualitycontrolfailures)isoffargreaterimportancethan(forexample)reducingthecostsofrawmaterials.Activity-basedcostingalsode-emphasizesdirectlaborasacostdriverandconcentratesinsteadonactivitiesthatdrivecosts,astheprovisionofaserviceortheproductionofaproductcomponent. OtherapproachistheGermanGrenzplankostenrechnung(GPK)costingmethodology.AlthoughithasbeeninpracticedinEuropeformorethan50years,neitherGPKnorthepropertreatmentof'unusedcapacity'iswidelypracticedintheU.S.[11] Anotheraccountingpracticeavailabletodayisresourceconsumptionaccounting(RCA).RCAhasbeenrecognizedbytheInternationalFederationofAccountants(IFAC)asa"sophisticatedapproachattheupperlevelsofthecontinuumofcostingtechniques"[12]Theapproachprovidestheabilitytoderivecostsdirectlyfromoperationalresourcedataortoisolateandmeasureunusedcapacitycosts.RCAwasderivedbytakingcostingcharacteristicsofGPK,andcombiningtheuseofactivity-baseddriverswhenneeded,suchasthoseusedinactivity-basedcosting.[12] Amodernapproachtocloseaccountingiscontinuousaccounting,whichfocusesonachievingapoint-in-timeclose,whereaccountingprocessestypicallyperformedatperiod-endaredistributedevenlythroughouttheperiod. Rolewithinacorporation[edit] Consistentwithotherrolesinmoderncorporations,managementaccountantshaveadualreportingrelationship.Asastrategicpartnerandproviderofdecisionbasedfinancialandoperationalinformation,managementaccountantsareresponsibleformanagingthebusinessteamandatthesametimehavingtoreportrelationshipsandresponsibilitiestothecorporation'sfinanceorganizationandfinanceofanorganization. Theactivitiesmanagementaccountantsprovideinclusiveofforecastingandplanning,performingvarianceanalysis,reviewingandmonitoringcostsinherentinthebusinessareonesthathavedualaccountabilitytobothfinanceandthebusinessteam.Examplesoftaskswhereaccountabilitymaybemoremeaningfultothebusinessmanagementteamvs.thecorporatefinancedepartmentarethedevelopmentofnewproductcosting,operationsresearch,businessdrivermetrics,salesmanagementscorecarding,andclientprofitabilityanalysis.(Seefinancialplanning.)Conversely,thepreparationofcertainfinancialreports,reconciliationsofthefinancialdatatosourcesystems,riskandregulatoryreportingwillbemoreusefultothecorporatefinanceteamastheyarechargedwithaggregatingcertainfinancialinformationfromallsegmentsofthecorporation. Incorporationsthatderivemuchoftheirprofitsfromtheinformationeconomy,suchasbanks,publishinghouses,telecommunicationscompaniesanddefencecontractors,ITcostsareasignificantsourceofuncontrollablespending,whichinsizeisoftenthegreatestcorporatecostaftertotalcompensationcostsandpropertyrelatedcosts.AfunctionofmanagementaccountinginsuchorganizationsistoworkcloselywiththeITdepartmenttoprovideITcosttransparency.[13] Giventheabove,oneviewoftheprogressionoftheaccountingandfinancecareerpathisthatfinancialaccountingisasteppingstonetomanagementaccounting.[14]Consistentwiththenotionofvaluecreation,managementaccountantshelpdrivethesuccessofthebusinesswhilestrictfinancialaccountingismoreofacomplianceandhistoricalendeavor. Specificmethodologies[edit] Activity-basedcosting(ABC)[edit] Activity-basedcostingwasfirstclearlydefinedin1987byRobertS.KaplanandW.BrunsasachapterintheirbookAccountingandManagement:AFieldStudyPerspective.Theyinitiallyfocusedonthemanufacturingindustry,whereincreasingtechnologyandproductivityimprovementshavereducedtherelativeproportionofthedirectcostsoflaborandmaterials,buthaveincreasedrelativeproportionofindirectcosts.Forexample,increasedautomationhasreducedlabor,whichisadirectcost,buthasincreaseddepreciation,whichisanindirectcost. Grenzplankostenrechnung[edit] Thissectionmaylendundueweighttocertainideas,incidents,orcontroversies.Pleasehelptocreateamorebalancedpresentation.Discussandresolvethisissuebeforeremovingthismessage.(August2018) Mainarticle:Grenzplankostenrechnung Grenzplankostenrechnung(GPK)isaGermancostingmethodology,developedinthelate1940sand1960s,designedtoprovideaconsistentandaccurateapplicationofhowmanagerialcostsarecalculatedandassignedtoaproductorservice.ThetermGrenzplankostenrechnung,oftenreferredtoasGPK,hasbestbeentranslatedaseithermarginalplannedcostaccounting[15]orflexibleanalyticcostplanningandaccounting.[16] TheoriginsofGPKarecreditedtoHansGeorgPlaut,anautomotiveengineer,andWolfgangKilger,anacademic,workingtowardsthemutualgoalofidentifyinganddeliveringasustainedmethodologydesignedtocorrectandenhancecostaccountinginformation.GPKispublishedincostaccountingtextbooks,notablyFlexiblePlankostenrechnungundDeckungsbeitragsrechnung[17]andtaughtatGerman-speakinguniversities. Leanaccounting(accountingforleanenterprise)[edit] Mainarticle:Leanaccounting Inthemid-tolate-1990sseveralbookswerewrittenaboutaccountingintheleanenterprise(companiesimplementingelementsoftheToyotaProductionSystem).Thetermleanaccountingwascoinedduringthatperiod.Thesebookscontestthattraditionalaccountingmethodsarebettersuitedformassproductionanddonotsupportormeasuregoodbusinesspracticesinjust-in-timemanufacturingandservices.Themovementreachedatippingpointduringthe2005LeanAccountingSummitinDearborn,Michigan,UnitedStates.320individualsattendedanddiscussedtheadvantagesofanewapproachtoaccountingintheleanenterprise.520individualsattendedthe2ndannualconferencein2006andithasvariedbetween250and600attendeessincethattime. Resourceconsumptionaccounting(RCA)[edit] Mainarticle:ResourceConsumptionAccounting Resourceconsumptionaccounting(RCA)isformallydefinedasadynamic,fullyintegrated,principle-based,andcomprehensivemanagementaccountingapproachthatprovidesmanagerswithdecisionsupportinformationforenterpriseoptimization.RCAemergedasamanagementaccountingapproacharound2000andwassubsequentlydevelopedatCAM-I,[18]theConsortiumforAdvancedManufacturing–International,inaCostManagementSectionRCAinterestgroup[19]inDecember2001. Throughputaccounting[edit] Mainarticle:Throughputaccounting Themostsignificantrecentdirectioninmanagerialaccountingisthroughputaccounting;whichrecognizestheinterdependenciesofmodernproductionprocesses.Foranygivenproduct,customerorsupplier,itisatooltomeasurethecontributionperunitofconstrainedresource. Transferpricing[edit] Mainarticle:Transferpricing Managementaccountingisanapplieddisciplineusedinvariousindustries.Thespecificfunctionsandprinciplesfollowedcanvarybasedontheindustry.Managementaccountingprinciplesinbankingarespecializedbutdohavesomecommonfundamentalconceptsusedwhethertheindustryismanufacturing-basedorservice-oriented.Forexample,transferpricingisaconceptusedinmanufacturingbutisalsoappliedinbanking.Itisafundamentalprincipleusedinassigningvalueandrevenueattributiontothevariousbusinessunits.Essentially,transferpricinginbankingisthemethodofassigningtheinterestrateriskofthebanktothevariousfundingsourcesandusesoftheenterprise.Thus,thebank'scorporatetreasurydepartmentwillassignfundingchargestothebusinessunitsfortheiruseofthebank'sresourceswhentheymakeloanstoclients.Thetreasurydepartmentwillalsoassignfundingcredittobusinessunitswhobringindeposits(resources)tothebank.Althoughthefundstransferpricingprocessisprimarilyapplicabletotheloansanddepositsofthevariousbankingunits,thisproactiveisappliedtoallassetsandliabilitiesofthebusinesssegment.Oncetransferpricingisappliedandanyothermanagementaccountingentriesoradjustmentsarepostedtotheledger(whichareusuallymemoaccountsandarenotincludedinthelegalentityresults),thebusinessunitsareabletoproducesegmentfinancialresultswhichareusedbybothinternalandexternaluserstoevaluateperformance. Resourcesandcontinuouslearning[edit] Thereareavarietyofwaystokeepcurrentandcontinuetobuildone'sknowledgebaseinthefieldofmanagementaccounting.CertifiedManagementAccountants(CMAs)arerequiredtoachievecontinuingeducationhourseveryyear,similartoaCertifiedPublicAccountant.Acompanymayalsohaveresearchandtrainingmaterialsavailableforuseinacorporateownedlibrary.ThisismorecommoninFortune500companieswhohavetheresourcestofundthistypeoftrainingmedium. Therearealsojournals,onlinearticlesandblogsavailable.ThejournalCostManagement(ISSN 1092-8057)[20]andtheInstituteofManagementAccounting(IMA)[21]sitearesourceswhichincludeManagementAccountingQuarterlyandStrategicFinancepublications. Tasksandservicesprovided[edit] Listedbelowaretheprimarytasks/servicesperformedbymanagementaccountants.Thedegreeofcomplexityrelativetotheseactivitiesaredependentontheexperiencelevelandabilitiesofanyoneindividual. Rateandvolumeanalysis Businessmetricsdevelopment Pricemodeling Productprofitability Geographicvs.industryorclientsegmentreporting Salesmanagementscorecards Costanalysis Cost–benefitanalysis Cost-volume-profitanalysis Lifecyclecostanalysis Clientprofitabilityanalysis ITcosttransparency Capitalbudgeting Buyvs.leaseanalysis Strategicplanning Strategicmanagementadvice Internalfinancialpresentationandcommunication Salesforecasting Financialforecasting Annualbudgeting Costallocation Relatedqualifications[edit] Thereareseveralrelatedprofessionalqualificationsandcertificationsinthefieldofaccountancyincluding: ManagementAccountancyQualifications CIMA ICMA ICAI-CMA ICMAP CMA OtherProfessionalAccountancyQualifications CharteredInstituteofPublicFinanceandAccountancy,CIPFA CharteredCertifiedAccountant(ACCA) Cost&ManagementAccountant(CMA) CharteredAccountant(CA) CertifiedPublicAccountant(CPA) AmericanInstituteofCertifiedPublicAccountants CertifiedPracticingAccountant(CPAAustralia) CharteredGlobalManagementAccountant Methods[edit] Activity-basedcosting Grenzplankostenrechnung(GPK) Leanaccounting Resourceconsumptionaccounting Standardcostaccounting Throughputaccounting Transferpricing Seealso[edit] Managerialriskaccounting Profitmodel References[edit] ^ProfessionalAccountantsinBusinessCommittee(2009).EvaluatingandImprovingCostinginOrganizations(InternationalGoodPracticeGuidance).InternationalFederationofAccountants.p. 7c.ISBN 9781608150373. ^(Burns,Quinn,Warren&Oliveira,ManagementAccounting,McGraw-Hill,London,2013) ^"DefinitionofManagementAccounting"(PDF).InstituteofManagementAccountants.2008.Archived(PDF)fromtheoriginalon20October2016.Retrieved4December2012. ^"WhatisManagementAccounting?-Definition-Meaning-Example".myaccountingcourse.com.Archivedfromtheoriginalon6October2017.Retrieved2May2018. ^"GlobalManagementAccountingPrinciples".24October2014.Archivedfromtheoriginalon2015-04-23.Retrieved2015-04-16. ^King,I."Newsetofaccountingprinciplescanhelpdrivesustainablesuccess".ft.com.Retrieved28January2015. ^Ladda,DrR.L.BASICCONCEPTSOFACCOUNTING.Lulu.com.ISBN 9781312161306.[self-publishedsource] ^vanderMerwe,Anton(7September2011).PresentationatIMA'sannualconference-ManagerialCostingConceptualFrameworkSession.Orlando,FL:Unpublished. ^AccountingEducationChangeCommission(1993)."PositionsandIssues".IssuesStatementNumber4:ImprovingtheEarlyEmploymentExperienceofAccountants.Sarasota,FL:AmericanAccountingAssociation.Archivedfromtheoriginalon27April2012.Retrieved2November2011. ^Clinton,B.D.;Matuszewski,L.;Tidrick,D.(2011)."EscapingProfessionalDominance?".CostManagement.NewYork:ThomasReutersRIAGroup(Sep/Oct). ^Clinton,B.D.;VanderMerwe,Anton(2006)."ManagementAccounting-Approaches,Techniques,andManagementProcesses".CostManagement.NewYork:ThomasReutersRIAGroup(May/Jun). ^abProfessionalAccountantsInBusinessCommittee(July2009)."InternationalGoodPracticeGuidance:EvaluatingandImprovingCostinginOrganizations".NewYork:InternationalFederationofAccountants:24.Archivedfromtheoriginalon4April2012.Retrieved10November2011.{{citejournal}}:Citejournalrequires|journal=(help) ^*"TakingControlofITCosts".Nokes,Sebastian.London(FinancialTimes/PrenticeHall):March20,2000.ISBN 978-0-273-64943-4 ^"CimaP1ExamQuestions".Archivedfromtheoriginalon2016-11-14.Retrieved14Nov2016. ^Friedl,Gunther;Hans-UlrichKupper;BurkhardPedell(2005)."RelevanceAdded:CombiningABCwithGermanCostAccounting".StrategicFinance(June):56–61. ^Sharman,PaulA.(2003)."BringOnGermanCostAccounting".StrategicFinance(December):2–9. ^Kilger,Wolfgang(2002).FlexiblePlankostenrechnungandDeckungsbeitragsrechnung.UpdatedbyKurtVikasandJochenPampel(12th ed.).Wiesbaden,Germany:GablerGmbH. ^"ConsortiumforAdvancedManagementInternationalCAM-I".www.cam-i.org.Archivedfromtheoriginalon7October2017.Retrieved2May2018. ^CostManagementSectionRCAinterestgroupArchived2008-12-07attheWaybackMachine ^"CostManagement".ThomsonReuters.2011.RetrievedNovember12,2011. ^InstituteofManagementAccountingArchived2007-12-07attheWaybackMachine ["https://aimsoftech.com/">bestaccountingsoftware] Furtherreading[edit] KurtHeisingerandJoeHoyle,ManagerialAccounting,ISBN 978-1-4533452-9-0. JamesR.Martin,Ph.D.,CMA,ManagementAndAccountingWeb. Externallinks[edit] LibraryresourcesaboutManagementaccounting Resourcesinyourlibrary CAM-IConsortiumforAdvancedManufacturing–International AICPAFinancialManagementCenter–resourceforCPAsworkinginbusiness,industryandgovernment InstituteofManagementAccountants–resourceformanagementaccountants(CMAs)workinginindustry CharteredInstituteofManagementAccountants InternationalFederationofAccountants TheAccountingAdventuristaManagementAccounting TheInstituteofCostAccountantsofIndia vteAccountingType Financialaccounting Costaccounting Managementaccounting Forensicaccounting Fundaccounting Governmentalaccounting Socialaccounting Taxaccounting Statements Incomestatement Balancesheet Statementofchangesinequity Cashflowstatement Terms Revenue Costofgoodssold Operatingexpense Capitalexpenditure Depreciation Grossincome Netincome Authoritycontrol:Nationallibraries Germany Israel UnitedStates Japan CzechRepublic Retrievedfrom"https://en.wikipedia.org/w/index.php?title=Management_accounting&oldid=1081325431" Categories:ManagementaccountingTypesofaccountingAccountingterminologyHiddencategories:CS1errors:missingperiodicalWebarchivetemplatewaybacklinksArticleswithshortdescriptionShortdescriptionmatchesWikidataArticlesneedingadditionalreferencesfromMarch2017AllarticlesneedingadditionalreferencesAllarticleswithself-publishedsourcesArticleswithself-publishedsourcesfromFebruary2020WikipedianeutralpointofviewdisputesfromAugust2018AllWikipedianeutralpointofviewdisputesArticleswithhatnotetemplatestargetinganonexistentpageArticleswithGNDidentifiersArticleswithJ9UidentifiersArticleswithLCCNidentifiersArticleswithNDLidentifiersArticleswithNKCidentifiers Navigationmenu Personaltools NotloggedinTalkContributionsCreateaccountLogin Namespaces ArticleTalk English Views ReadEditViewhistory More Search Navigation MainpageContentsCurrenteventsRandomarticleAboutWikipediaContactusDonate Contribute HelpLearntoeditCommunityportalRecentchangesUploadfile Tools WhatlinkshereRelatedchangesUploadfileSpecialpagesPermanentlinkPageinformationCitethispageWikidataitem Print/export DownloadasPDFPrintableversion Languages العربيةAzərbaycancaবাংলাČeštinaDanskΕλληνικάEspañolفارسیFrançais한국어HausaՀայերենहिन्दीBahasaIndonesiaעבריתಕನ್ನಡLatviešuLietuviųBahasaMelayuမြန်မာဘာသာNederlandsनेपाली日本語NorskbokmålPolskiPortuguêsРусскийSimpleEnglishSlovenčinaSundaSuomiSvenskaதமிழ்TürkçeУкраїнськаTiếngViệt中文 Editlinks