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MTP_ Inter _Syllabus 2016_ Dec 2017_Set 1Paper 10 Cost & Management Accounting and Financial ManagementAcademics Department, The Institute of Cost Accountants of India (Statutory Body under an Act
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What is cost amp management accounting?
Cost and management accounting is a form of accounting that aims to provide internal management with financial information to enable them to make informed business decisions.
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Cost and management accounting can be filled out by recording all costs and expenses related to a business, analyzing the data, and presenting the information in reports to management.
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The purpose of cost and management accounting is to help management make more informed decisions by providing them with accurate and timely financial information.
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Cost and management accounting typically includes information on costs, expenses, revenues, profits, budgets, and variances.
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