What is cost management accounting

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CA Inter Cost and Management Accounting
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What is Management Accounting

• Although financial accounting is perhaps the most
  important type of accounting there are
• other types like management accounting that are
  as important.
• So that you can learn about accounting.
• Todays post is looking at what is management
  accounting.

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Management Accounting

• Management accounting is the process of preparing
  and providing up-to-date financial information to
  the managers of an entity.
• The information should assist and support
  managers in making usual everyday decisions
• as well as decisions for the short term.
• In contrast to financial accounting, there is no
  legal requirement for an entity to provide
• documents related to management accounting.

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