Management Accounting - Management Accounting Tasks/ Services Provided

Management Accounting Tasks/ Services Provided

Listed below are the primary tasks/ services performed by management accountants. The degree of complexity relative to these activities are dependent on the experience level and abilities of any one individual.

  • Rate and volume analysis
  • Business metrics development
  • Price modeling
  • Product profitability
  • Geographic vs. Industry or client segment reporting
  • Sales management scorecards
  • Cost analysis
  • Cost–benefit analysis
  • Cost-volume-profit analysis
  • Life cycle cost analysis
  • Client profitability analysis
  • IT cost transparency
  • Capital budgeting
  • Buy vs. lease analysis
  • Strategic planning
  • Strategic management advice
  • Internal financial presentation and communication
  • Sales forecasting
  • Financial forecasting
  • Annual budgeting
  • Cost allocation

Read more about this topic:  Management Accounting

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    O, the difference of man and man!
    To thee a woman’s services are due.
    William Shakespeare (1564–1616)

    Mankind always sets itself only such tasks as it can solve; since, looking at the matter more closely, we will always find that the task itself arises only when the material conditions necessary for its solution already exist or are at least in the process of formation.
    Karl Marx (1818–1883)

    Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?
    Lyndon Baines Johnson (1908–1973)

    At the crash of economic collapse of which the rumblings can already be heard, the sleeping soldiers of the proletariat will awake as at the fanfare of the Last Judgment and the corpses of the victims of the struggle will arise and demand an accounting from those who are loaded down with curses.
    Karl Liebknecht (1871–1919)