Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within entity, to give them with the basis to make informed business ideas that will allow them to be better equipped in their management and control functions.
In connection to financial accountancy information, management accounting data is:
- primarily forward-looking, in place of historical
- model based with a degree of abstraction to support ideas created generically, instead of case based;
- usually important and used by management, instead of reporting publically;
- Computed by reference to the needs of managers, often using management data systems, instead of by reference to general financial AS.
What Rajput Jain & Associates Offers
Rajput Jain & Associates team has huge experience of giving clear, precise management information that adds value. Our expertise covers the methods useful to develop the data efficiently and systematically with a minimum of manual input. This information can provide your management a different perspective on your entity and its business environment. The result is that you are one step ahead of the competition.
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