Cost accounting is a vital management tool for effective management functions, such as, for manager to perform budgetary planning & controls and for decision making.
accounting ratio help management to predict the further income or the improvement in expenditure of an organisation. it guards management making the budget of the organisation.
Ernst Clarenbach has written: 'Clarenbach's hotel accounting' -- subject(s): Accounting, Hotels, Management
Thomas James Barrett has written: 'Accounting for hotel management'
Management accounting starts where financial accounting ends
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
In studying Hotel and Restaurant Management, the study of Philippine history is important so as to learn about the past. Its importance is in learning about the evolution and development of Philippine hotel and restaurant service.
what is the importance of public sector accounting
Within this area, East Carolina University offers the following programs of study (majors). * Accounting * Accounting/Business Management * Business Administration/Management * Finance/Banking * Hotel/Motel Management * Information Processing/Data Entry * Management Information Systems * Marketing Management
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.