Accounting Basics - Managerial Accounting Basics ,, . (

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Managerial Accounting Basics Managerial accounting , also called  management accounting , is a field of accounting that provides  economic and financial information for managers and other internal users. The activities that are part  of managerial accounting (and the chapters in which they are discussed in this textbook) are as  follows.  1.   Explaining manufacturing and nonmanufacturing costs and how financial statements (Chapter 14). 2.   Computing the cost of providing a service or manufacturing a p 17 ). 3.   Determining the behavior of costs and expenses as activity level volume–profit relationships within a company (Chapter  4.   Evaluating the impact on decision making of alternative approac (Chapter  19 ). 5.   Assisting management in profit planning and formalizing these  (Chapter  20 ). 6.   Providing a basis for controlling costs and expenses by compari
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern