Currently accounting management accounting can be defined as an activity that takes place in one enterprise.It provides the device management business entity with the necessary information, which is used for planning, monitoring and management of the organization.
This whole process includes the identification, collection, preparation, analysis, interpretation, reception and transmission of information, which is necessary for the machine control functions assigned to it.
Management accounting - an area of study and the system simultaneously.It is an important element of the organization's management system.It can also be designated as a link connecting the accounting process and management of the company.
Management accounting is designed to:
- to provide the necessary information to the administration for the effective production management and rational decision-making in the long term;
- calculate the actual cost of production and to identify deviations from norms and standards of estimates;
- determine the financial results of already implemented products, new technological solutions, etc.
Management accounting is the subject and object.The subject performs housekeeping industrial enterprise as a whole, as well as units.Operations that are purely financial in nature, not related to the management accounting.Among them are the purchase, sale of assets, leasing and rental operations with securities, investment, etc.
accounting objects are:
- Organization costs (capital and operating);
- the results of management of the enterprise;
- internal reporting;
- budgeting;
- formation of internal prices.
Management accounting has the following objectives:
- information support of control, help in decision-making;
- planning, forecasting and monitoring of economic and administrative activity of the organization;
- selection of the best ways for the effective development of the company.
accounting and management aimed at solving the problem of drawing up internal reports.They should include information on both the general financial condition of the company and how to manufacture runs.The contents of these reports can vary depending on what the target will be delivered and who will put the final result.
Management accounting is carried out using the following methods and techniques:
- documentation and inventory;
- balance sheets and synthesis;
- statistical index method;
- economic analysis (mainly factor);
- mathematical (linear programming, correlation, etc.).
These methods are often integrated and create a single system of management accounting.He conducted the company on their own, without the involvement of public authorities.However, his conduct in the organization of a must both for the company and for the interested parties.
