Fundamentals of Management Accounting Notes

Description

Fundamentals of Management Accounting Notes Contents

1. Identify concepts used in management accounting
2. Use appropriate techniques to estimate business costs
3. Account for different business costs
4. Apply costing methods in determining the cost of a product or service
5. Prepare income statements using marginal costing and absorption costing techniques
6. Apply break-even analysis in business decision making
7. Prepare budgets for management decisions making