Heck yes it is!! What sort of people do you think manage and run companies, decide of future directions etc etc etc?
There are two main types of Accountants:
1. Financial accountants
2. Management accountants.
The competition between the two fields is very fierce!
Someone who is good with math and numbers would choose accounting as a profession
Fraud has impacted the accounting profession by introducing increased regulations. The Surbanes Oxley Act was partly a reaction to accounting fraud.
Management accounting starts where financial accounting ends
Cost accounting is a subset of management accounting, although the two are used interchangeably.
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
what are the accounting areas governing accounting profession
Someone who is good with math and numbers would choose accounting as a profession
Management is profession even though it does not involve all elments of profession.
Fraud has impacted the accounting profession by introducing increased regulations. The Surbanes Oxley Act was partly a reaction to accounting fraud.
Management accounting starts where financial accounting ends
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
What is Dintinguish Management?
Cost accounting is a subset of management accounting, although the two are used interchangeably.
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
Management accounting gathered data or information from cost accounting and financial accounting. After that, it analyzes and interprets the data to prepare reports and provide necessary information to the management.
management accounting has been described as the eyes and ears of management
Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, ...