Author Topic: Importance of Management Accounting  (Read 1546 times)

Offline BozCompany

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Importance of Management Accounting
« on: October 30, 2013, 02:25:34 AM »
What is the importance of the management accounting in the company? Should I hire one for my small business?
« Last Edit: October 30, 2013, 02:25:34 AM by Guest »
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Offline CompanyOvermany

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Re: Importance of Management Accounting
« Reply #1 on: November 01, 2013, 05:56:54 PM »
The management accounting positions are usually the one that analyzes the recent past performances of the business and they are also the one that study the different elements that look at the *ture of the company as well. This can include looking at profit forecasts, cashflow and sales. The figures found from this analysis are compared against figures that have been gathered from past forecasts and budgets.
« Last Edit: November 01, 2013, 05:56:54 PM by Guest »
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