Planning conteolling cost Peocing Peofits determinefoe next poinrs plz call 0300-9616308 jawad from skt
Role of cost accounting in managerial decision making?"
Don T. DeCoster has written: 'Accounting for managerial decision making' -- subject(s): Addresses, essays, lectures, Cost accounting, Decision-making, Managerial accounting
William L. Ferrara has written: 'Management Accounting Computer Casework' 'Managerial cost accounting' -- subject(s): Cost accounting, Managerial accounting
The key difference between managerial and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing information to parties outside the organization. Improvement: Cost account is a major area of managerial accounting. Cost is also a internal Issue.
Financial accounting relates to the information presented based on past events and records. Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends. e.g. projected cashflows, profit & loss, balance sheet... Financial accounting relates to the information presented based on past events and records. Cost and managerial accounting is the presentation of financial information to the management to be used in decision making while in managerial accounting projections are made based on past trends. e.g. projected cashflows, profit & loss, balance sheet... Financial accounting reports are in standard formats which are worldwide accepted , where as Cost accounting reports are in the format as required by the management
Managerial accounting is different to financial accounting because it is the one called cost accounting. It is the process in which it is needed to identify, measure, analyze, interpret and communicate with information to pursue the goals of an organization.
Gerald R. Crowningshield has written: 'Cost accounting' -- subject(s): Cost accounting, Managerial accounting
Carl L. Moore has written: 'Managerial accounting' -- subject(s): Accounting, Cost accounting, Managerial accounting 'Tracing the flow of net working capital and cash'
A managerial accounting cost method of expensing all costs associated with Manufacturing a particular product
Henry R. Anderson has written: 'Basic cost accounting concepts' -- subject(s): Cost accounting 'Managerial accounting'
Edward Blocher has written: 'Cost management' -- subject(s): Managerial accounting, Cost accounting 'Analytical review' -- subject(s): Analytical review Auditing, Auditing, Analytical review 'Cases & readings in strategic cost management' -- subject(s): Accessible book, Managerial accounting, Case studies, Cost accounting, Management accounting
A. P. Robson has written: 'Essential accounting for managers' -- subject(s): Accounting, Cost control, Managerial accounting