What is a management accounting system?

Answer Management accounting is the internal business function of recording and reporting financial information for important business decisions. Companies develop and implement management accounting syst... Read More »

Top Q&A For: What is a management accounting system

Can Financial Accounting Decisons Be Made Without Management Accounting?

Financial and management accounting coexist well in many firms. Both types of accounting can be integrated with the advent of the enterprise resource planning software (ERP), which connects both sy... Read More »

What are the software brands used by The Taj Group Of Hotels use for its Property Management Systems including Front office POS Back office accounting materials management F and B Costing?

Dont know now but till few years Front Office POS was Fidelio and in Restaurants was ShawmanI am with Taj group of Hotels and they use Fidelio as PMS, i am not sure about other areas.

What is cost&management accounting?

Cost or management accounting refers to the process of calculating the costs of a company’s production, considering both direct and indirect costs. Companies typically use cost accounting for bud... Read More »

What is strategic management accounting?

Strategic management accounting is a type of management accounting where the main focus is on studying accounting information of a company. In this type of accounting, a business is studied, along ... Read More »