CFO Interview Question:

Do you know what is Management Accounting?

Submitted by: Muhammad

Management Accounting is the process of analysis, interpretation and presentation of accounting information collected with the help of financial accounting and cost accounting, in order to assist management in the process of decision making, creation of policy and day to day operation of an organization. Thus, it is clear from the above that the management accounting is based on financial accounting and cost accounting.
Submitted by: Muhammad