Meaning of the word "management accounting" in English
What does "management accounting" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
management accounting
US /ˈmænɪdʒmənt əˈkaʊntɪŋ/
UK /ˈmænɪdʒmənt əˈkaʊntɪŋ/
Noun
the process of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the purpose of planning, controlling, and decision-making within an organization
Example:
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Effective management accounting is crucial for strategic business decisions.
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The course covers principles of financial and management accounting.
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