Functions, Scope and Advantages of Management accounting : A Review
Keywords:
Management , Accounting, Financial , costAbstract
Accounting is the process of recording, classifying, summarizing, analyzing and interpreting the financial transactions of the business for the benefit of management and those parties who are interested in business such as shareholders, creditors, bankers, customers, employees and government. Thus, it is concerned with financial reporting and decision making aspects of the business.
References
Anthony, Robert: Management Accounting, Tarapore-wala, Mumbai.
Barfield, Jessie, Celly A. Raiborn and Michael R. Kenney: Cost Accouting; Traditions and Innovations, South - Western College Publishing, Cincinnati, Ohio.
N. Vinayakam and I.B. Sinha, Management Accounting – Tools and Techniques, Himalaya Publishing House, Mumbai.
Decoster, Don T. and Elden L. Schater: Management Accounting: A Decision Emphasis, John Wiley and Sons Inc., New York.
Garrison, Ray H. and Eric W. Noreen: Management Accounting, Richard D. Irwin, Chicago.
Hansen, Don R. and Maryanne M. Moreen: Management Accounting, Southwestern College Publishing, Cincinnati, Ohio.
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