1. Cost

Managers rely on managerial accountants to provide useful cost information to support decision making. What is a cost? A cost is a payment of cash or its equivalent or the commitment to pay cash in the future for the purpose of generating...

30/11/2008 | 1110 Hits | Read more...

2. Controller

In most business organizations, the controller is the chief management accountant. The controller’s staff often consists of several management accountants. Each accountant is responsible for a specialized accounting function, such as systems...

25/11/2008 | 1126 Hits | Read more...

3. What is Accounting?

Accounting has been defined by the AICPA as "The art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting...

23/11/2008 | 1045 Hits | Read more...

4. Management Accounting

Accounting is the systematic process of measuring the economic activity of a business to provide useful information to those who make economic decisions. There are three major types of accounting; Financial Accounting, Managerial Accounting, and Tax...

12/06/2004 | 619 Hits | Read more...