Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

Corporations, as well as nonprofit organizations, use cost centers to keep track of expenses. A cost center is a unit within a larger system that is responsible for a particular set of activities that ...

Effective management accounting practices can improve decision-making in organizations, which need sound fundamentals but also speed when trying to decide which strategic paths to follow. In short, ...

It’s not uncommon for someone who starts a marketing business to have limited accounting knowledge. After all, marketing and accounting are often seen as having opposite functions—the former dealing ...

Please note: This item is from our archives and was published in 2015. It is provided for historical reference. The content may be out of date and links may no longer function. Effective management ...

Develop a financial and managerial accounting toolkit to inform business decision-making and enhance organisational performance. In modern organisations, finance and accounting functions are not just ...