Category
page 1Management accounting
management accounting
field of business administration, part of the internal accounting system of a company
fixed cost
business expenses that are not dependent on the level of goods or services produced by the business
break-even
equality of costs and revenues
seigniorage
Seigniorage , also spelled seignorage or seigneurage (), is the profit a government makes from issuing currency, which is the difference between the face value of money and the cost of producing it.
net present value
valuation in finance
variable cost
costs that change in proportion to the good or service that a business produces
asset management
any system that monitors and maintains things of value to an entity or group, including both tangible and intangible assets
cost accounting
systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail
activity-based costing
method of measuring economic consumption
management control system
system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strategies pursued
overhead
ongoing operating expense which do not directly generate profits, but which is vital to to profit making
contribution margin
cost accounting term
gross income
sum of all earnings before taxes
inventory turnover
measure of the number of times inventory is sold or used in a time period
gross margin
relating gross profits to net sales
financial statement analysis
method of analysing financial statements for decision-making
indirect costs
costs that are not directly accountable to a cost object
cost centre
management accounting term
finished good
item that has completed the manufacturing process but have not yet been sold
Standard cost accounting
cost accounting method utilizing efficiencies

cost–volume–profit analysis
form of cost accounting
Certified Management Accountant
Professional credential offered by the IMA Institute of Management Accountants
operating leverage
measure of how revenue growth translates into growth in operating income
profit center
business division expected to make identifiable profits
target costing
approach to determine a product's life-cycle cost
Chartered Institute of Management Accountants
body concerned with global managerial accounting
Cost driver
Major share in Cost of a Product
process costing
accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process
managerial finance
part of the economic and business process is divided into investment, financing and risk management
Variable Costing
accounting cost concept
earnings management
act of intentionally influencing the process of financial reporting to obtain private gain
Cash flow forecasting
Process in corporate finance
cash flow from operating activities
type of cash flows, includes receipts from customers, payments to suppliers, employees, and taxes
Management accounting principles
Management accounting case
cost object
related base
activity based management
strategic decision-making method
Institute of Cost Accountants of India
Professional accountants body In India
Corporate travel management
function in a business