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management accounting

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management accounting

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Also known as managerial accounting

field of business administration, part of the internal accounting system of a company

~20 min read

Encyclopedic overview

In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions.

Definition

Excerpted from Wikipedia’s “management accounting” article, available under the CC BY-SA 4.0 licence.

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