The question religious in nature and has a very simple answer.
Management accounting means the accounting of financial and other assets and liabilities for sufficing the needs of managers for the general purpose of Decision making.
Now, is management accounting HALAL has a simple answer that if a pure business which is running on the lines of Islam needs management accounting or any other kind of accounting it is HALAL.
Any operation related to a business which is forbidden by Islam is HIRAM, be it management accounting or something else.
Management accounting starts where financial accounting ends
Cost accounting is a subset of management accounting, although the two are used interchangeably.
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 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.
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.
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, ...
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.
difine the nature and scope of management accounting?
The utility of management accounting is to take active and timely decision.
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)
of management accounting