There are three type of Accountants:
1 - Financial Accountants
2 - Cost Accountant
3 - Management Accountant
Management Accountant is a person who helps the management in the decsion making process of daily working activities by providing relevent data and analysis and helps management in every aspect of business activities and provide the analysis of financial implications of different decisions made by management and help to choose most benefitial decision and ways to manage business.
Accounting Management (Business) is the practical application of management techniques to control and report on the financial health of the organization. This involves the analysis, planning, implementation, and control of programs designed to provide financial data reporting for managerial decision making. This includes the maintenance of bank accounts, developing financial statements, cash flow and financial performance analysis. Accounting management is a mandatory knowledge module of any MBA program. Accounting (IT) management: Accounting is often referred to as billing management. The goal is to gather usage statistics for users. Using the statistics the users can be billed and usage quota can be enforced. Examples: * Disk usage * Link utilisation * CPU time http://www.answers.com/topic/radius-1, TACACS and DIAMETER are examples of protocols commonly used for accounting. For non-billed networks, 'Administration' replaces 'Accounting'. The goals of Administration
Looking after a customer, particularly a customer who places allot of business with you so that you keep and grow that business and the relationship you have with the customer (to stop them going elsewhere). It also covers ensuring that invoices are produced for the customer on time and that these get payed as agreed.
Management accounting is being involved in decision-making and planning management systems. It is also used in providing expertise in financial reporting to assist management in formulation of an organization's strategy.
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
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, ...
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, ...
difine the nature and scope of management accounting?
The utility of management accounting is to take active and timely decision.
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
Following are different branches of accounting:1- Cost Accounting2- Financial Accounting3- Management Accountingbranches of accounting are two:1-financial accounting2-management accounting(cost a/c & managerial a/c)