Why to do Management Accounting?
Table of Contents of Management Accounting
I have No Prior Knowledge of Management Accounting. Can i Still Benefit from Management Accounting eBook?
Is it Worth Buying Management Accounting eBook?
Management Accounting is collecting relevant financial and non financial data from internal and external sources, processing it to contain some meaning and reporting it in appropriate format, structure & detail to enable managers take more informed decisions in light of information available.
Management accounting, if not properly performed can lead to provision of incorrect information to managers at strategic and operational levels. Managers take decisions based on information provided to them in the form of reports. Incorrect report will lead to incorrect decisions and ultimately lead to losses. In practice, many companies went into bankruptcy due to wrong management accounting information. Therefore, it is essential to spent some time and learn management accounting to reduce these risks and obtain competitive advantage over those who do not know it.
If you have not enough budget or want save fee to hire a management accountant, then you can choose to do it yourself. However, even if you hire management accountant, then you must have suitable knowledge to find suitable management accountant internally or externally, collaborate and review his/her work effectively. It is always advisable to obtain expert opinion, as incorrect management accounting is one of the key cause of business failure.
- Accounting For Management
- Sources Of Data
- Cost Classification & Behaviour
- Presenting Information
- Accounting For Materials
- Accounting For Labour
- Absorption Costing System
- Absorption & Marginal Costing
- Job & Batch Costing
- Process Costing System
- Service Costing System
- Alternative Cost Accounting
- Nature & Purpose Of Budgeting
- Statistical Techniques
- Budget Preparation
- Flexible Budgets
- Capital Budgeting & Discounted Cash Flows
- Budgetary Control & Reporting
- Behavioural Aspects Of Budgeting
- Standard Costing Systems
- Variance Analysis
- Reconciliation Of Budgeted & Actual Profit
- Performance Measurement Overview
- Performance Measurement -Application
- Cost Reductions & Value Enhancement
- Monitoring Performance & Reporting
Management Accounting eBook provides knowledge from zero. It assumes that reader has no prior accounting background. It is suitable for small & medium sized entities and entrepreneurs wishing to manage business more efficiently and effectively.
Management accounting is complex subject. Therefore, it simplifies the complexity by providing real life examples and diagrams.
It explains the pros & cons and circumstances in which each management accountant strategy and techniques would be useful taking account of factors, such as cost, duration, suitability, risk, flexibility, feasibility, acceptability etc. Therefore, you can choose best strategy according to your circumstances and risk appetite.
In addition, as a part of good practice free forums support is also available to readers of free or paid management accounting ebook to ask for any clarifications needed regarding contents inside management accounting ebook. It is to ensure readers get 100% maximum possible benefit from reading the book.
You can download free ebook to make yourself satisfy that the investment in Management Accounting eBook exceeds benefits. It is among one of the advantage you have by purchasing from ACCASUPPORT.COM that you are certain about the quality and quality of benefits from an eBook and start receiving benefits before purchasing ebook.
The cost of purchasing the Management Accounting eBook is just one off. However, it will make you increase your earnings many fold till perpetuity due to more effective strategies and time and cost reduction achieved by eliminating non-value added activities.
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- Author: Murtaza Lanewala
- Full Management Accounting eBook (Pages: 485)
- Free Download (Pages: 150)
- Read Online
- Buying Price ($
52.99) only $4.99
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Management Accounting eBook does NOT have any DRM protection to enforce copyrights. It is completely printable and allows sharing of management accounting knowledge organization wide. Persons involved in sales, marketing and purchase needs to be aware of management accounting techniques to understand the reports delivered by management accountant and take appropriate decisions such as accept/reject customer orders, selection of suppliers, pricing, duration of contract etc.
Management Accounting eBook is specially designed for e-readers.
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