introduction of management accounting ,characteristics,scope,functions and role of management accounting

1. PRESENTED BY
PINKEY
MANAGEMENT ACCOUNTING

2. INTRODUCTION
 Management accounting is concerned with
the accounting information which is useful to
the management.

3. CHARACTERISTICS OF MANAGEMENT
ACCOUNTING
1. Both as since as well as art.
2. Helpful in decision making.
3. Selective in nature.
4. Assist in achieving of objective.
5. More concern with future.

4. CONTINUE........
6. Transfer of information(provide data) but not
decision .
7. No fixed norms allowed.
8. Accounting services.
9. Related with element of cost.
10. Cost of defect analysis.
11. Increase in efficiency.

5. SCOPE OF MANAGEMENT ACCOUNTING
 Financial accounting
 Cost accounting
 Budgetary control
 Inventory control
 Tax accounting

6. CONTINUE.....
 Internal audit
 Analysis and interpretation of data
 Revaluation accounting
 Interim reporting
 Specific technique of accounting

7. FUNCIONS OF MANAGEMENT
ACCOUNTING
 It have two main functions or objective of
management accounting:-
1. Operating function
2. Theoretical function

8. OPERATING FUNCTION
1. Provide data and record data.
2. Validating and modification of data.
3. Analysis and interprets data.
4. Communicating of data.
5. Facilitates control.
6. Use of also qualitative information.

9. THEORETICAL FUNCTION
. Helpful in forecasting and planning.
. Helpful in organisation.
. Helpful in controlling.
. Helpful in coordinating .
. Helpful in decision making.
. Helpful in motivating the employes.

10. ROLE OF MANAGEMENT ACCOUNTNG
 Increase in the efficiency.
 Proper planning.
 Majorment of performances.
 Effective management control.
 Improve services to the customer.
 Maximising to the profit.
 Prompt correct decision.
 Redaction in business risk.

11. THANK YOU