Management Accounting revision booklet Last document update:   ago

Management Accounting Revision Topic 1 What is management accounting? o It is the process and techniques that focus on the effective and efficient use of organisational resources, to support managers in their task of enhancing both customer value and shareholder value o Management accountants play a vial role in managing business opportunities. The inform the strategy and help secure the future of your business o It provides financial and non-financial information that helps managers in: - Plann...