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1. Course Code C38MO22. Course Title Management Accounting in Organisations3. CQF Level 84. Credits 155. SchoolManagement & Languages6. Course CoordinatorProfessor ROS Haniffa7. Delivery: Location
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Management accounting in organisations is the process of preparing financial information for internal decision-making purposes.
Managers and executives within the organisation are typically responsible for filing management accounting reports.
Management accounting is filled out by analyzing financial data, preparing budgets, forecasting, and evaluating performance.
The purpose of management accounting is to provide relevant and timely financial information to help management make better business decisions.
Information such as budget variances, cost analysis, profitability ratios, and performance metrics are typically reported in management accounting.
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