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

Famous quotes containing the words management, accounting, tasks and/or services:

    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)

    I, who am king of the matter I treat, and who owe an accounting for it to no one, do not for all that believe myself in all I write. I often hazard sallies of my mind which I mistrust.
    Michel de Montaigne (1533–1592)

    More than ten million women march to work every morning side by side with the men. Steadily the importance of women is gaining not only in the routine tasks of industry but in executive responsibility. I include also the woman who stays at home as the guardian of the welfare of the family. She is a partner in the job and wages. Women constitute a part of our industrial achievement.
    Herbert Hoover (1874–1964)

    True love ennobles and dignifies the material labors of life; and homely services rendered for love’s sake have in them a poetry that is immortal.
    Harriet Beecher Stowe (1811–1896)