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Managerial Accounting and Management Cost Accounting

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Managerial Accounting:

Works to produce information for internal company use.  The reports are for Management to help them make informed decisions regarding the business.


What education is required?


  • A bachelor degree in business is usually required.  A CMA or CPA designation may also be required at some companies.

Tasks:

Confidentiality:
  • This job works with very confidential information such as:

    • Wage and Salary information

    • Product and service costs

    • Rents and lease costs

    • Plans for employee reductions, future business plans, etc

  • The Accountant must maintain confidentiality of the information she has been given.


Other cost accounting types:
Manufacturing Cost Accounting
 
Hospital and Health Care Cost Accounting

Job Order Cost Accounting



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