Remove Accounting Remove Cost Accounting Remove Management Accounting
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What is accountancy?

Accounting Tools

Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization. The key accountancy tasks are noted below.

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Types of accounting

Accounting Tools

Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook What are the Types of Accounting? There are several types of accounting that range from auditing to the preparation of tax returns. Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below.

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What is an accountant?

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook An accountant is a person who records business transactions on behalf of an organization, reports on company performance to management, and issues financial statements. Management reports are issued to the management team.

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Relevant cost definition

Accounting Tools

Also, by eliminating irrelevant costs from a decision, management is prevented from focusing on information that might otherwise incorrectly affect its decision.

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Cost structure definition

Accounting Tools

Related Courses Activity-Based Costing Cost Accounting Fundamentals Cost Management Guidebook What is Cost Structure? Cost structure refers to the types and relative proportions of fixed costs and variable costs that a business incurs.

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CPA Versus CMA With IMA President Jeff Thomson

Earmark Accounting Podcast

We learn that public accounting is no longer the only starting point in this profession, and that's one reason why the IMA opposes changes to the college accounting curriculum that may eliminate or reduce management accounting and cost accounting courses.

CPA 40
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Earmark Excerpt: CPA Versus CMA With IMA President Jeff Thomson

Cloud Accounting Podcast

Listen to the full interview with IMA president Jeff Thomson on the Earmark Accounting Podcast: [link] Want to learn how you can get CPE for listening to podcasts? Discover what it takes to become a CMA and the impact it can have on your career.

CPA 40