Management accounting has its history and importance for organizations and society. Write a discussion about management accounting and its significance. Your write up could include but is not limited to the following: -

 what is management accounting; - what does it means; - differences and similarities to other fields like financial accounting, finance, economics, data analysis - what does management accounting and management accountants do; - how does it helps businesses; - how may it help personal or individual or non profit organizations; - how does it helps in making profit or avoid losses or savings money avoid bankruptcy; - how does it helps in creating or enhancing wealth for organizations or individuals or a family unit; - can management accounting be useful to you? how?;

Answer rating: 100% (QA)

Accounting is the process of recording financial transactions pertaining to a business The accountin... View the full answer