Managerial Accounting by S.A. Chintaman - Hardcover - College Books

Management, or managerial, accounting is used to run companies and help managers make important financial decisions. Management accounting reports provide estimates for what might happen in the future. A manager needs projections and would rather use estimates on what will happen than reports on what has already happened because of the ever-changing financial terrain in business. This type of accounting often benefits the future of a company. Investors and tax professionals need hard facts based on numbers that already exist, so they can properly assess a company and its performance. Management accounting and financial accounting both serve important roles within a business. The present valuable book focuses on creating value through innovative performance measurement and control in the field of managerial accounting. It will be a highly valuable reference tool for students who have taken financial accounting, finance and corporate strategy and understand the importance of securing competitive advantage through distinctive managerial practices.