Counto

DECEMBER 16, 2024

Example : A government agency in Singapore works with accountants to manage its budget and track spending in accordance with regulations. Management Accounting Management accounting involves using financial data to help businesses make informed decisions.

Financial Records 52

Financial Records Budgeting Accounting Accounting 52

Accounting Tools

JUNE 20, 2023

There is a specialty in external reporting, which usually involves a detailed knowledge of accounting standards. There is also the controller track, which requires a combined knowledge of financial and management accounting. It includes such areas as cost accounting and target costing.

Accounting 75

Accounting Accounting Financial Statements Auditing 75

Accounting Tools

DECEMBER 19, 2023

Management Accounting Management accounting is the province of the cost accountant and financial analyst , who investigate ways to improve the profitability of a business and present their results to management.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75

Accounting Tools

NOVEMBER 1, 2023

Areas of Accounting Specialization There are many sub-fields within accounting in which a person can specialize. For example, there are tax accountants , cost accountants , payroll clerks , billing clerks , general ledger accountants , and collection clerks.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75

Accounting Tools

JULY 14, 2024

Also, by eliminating irrelevant costs from a decision, management is prevented from focusing on information that might otherwise incorrectly affect its decision. A sunk cost is an expenditure that has already been made, and so will not change on a go-forward basis as the result of a management decision.

Financial Analysis 40

Financial Analysis Financial Statements Cost Accounting Financial Accounting 40

Accounting Tools

AUGUST 2, 2023

Related Courses Cost Accounting Fundamentals Excel Charts and Visualizations What is the Scattergraph Method? The scattergraph method is a visual representation of the cost and activity data associated with an expense. The resulting chart is used to identify and separate the fixed and variable components of a cost.

Cost Accounting 40

Cost Accounting Collections Budgeting Management Accounting 40

Accounting Tools

OCTOBER 23, 2023

Related Courses How to Conduct an Audit Engagement New Controller Guidebook The Difference Between the CPA and CMA Certifications There are a number of certifications available to the accountant, of which the best-known are the CPA ( certified public accountant ) and CMA ( certified management accountant ).

CPA 40

CPA General Ledger Budgeting Auditing 40