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:

    People have described me as a “management bishop” but I say to my critics, “Jesus was a management expert too.”
    George Carey (b. 1935)

    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)

    A father who will pursue infant care tasks with ease and proficiency is simply a father who has never been led to believe he couldn’t.
    Michael K. Meyerhoff (20th century)

    Working women today are trying to achieve in the work world what men have achieved all along—but men have always had the help of a woman at home who took care of all the other details of living! Today the working woman is also that woman at home, and without support services in the workplace and a respect for the work women do within and outside the home, the attempt to do both is taking its toll—on women, on men, and on our children.
    Jeanne Elium (20th century)