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Accounting for Management
Management accounting
The purpose of management accounting is to provide information for use within an
organisation. Internal users, such as the departmental managers, will require a
variety of information to ensure the smooth running of their departments.
Management accounting information is produced as often as it is required and can be
in any format that is useful to the end user of the information.
Planning
Decision Co-
making ordinating
PURPOSE OF
MANAGEMENT
ACCOUNTING
Controlling
Motivating
Communicating
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