Scope of management accounting

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The scope of management accounting includes:

Formation, installation and operation of accounting, tax accounting and information systems. Management accountant has to construct and re-construct these systems to meet the changing needs of management functions;
The compilation and preservation of vital data for management planning. The management accountant presents the past data in such a way as to reflect the trends of events to the management;
Providing means of communicating management plans to the various levels of organization. This, on the one hand, ensures the coordination of various segments of the enterprise plans and on the other hand defines the role of individual segments in the whole plan and assists the management in directing their activities;
Providing and installing an effective system of feedback reports. This would enable the management in its controlling function. By pinpointing the significant deviations between actual expected activities and by adhering to the principles of selectivity and relevance, such reports help in the installation and operation of the system of “management by exception”.
Analyzing and interpreting accounting and other data to make, understandable and usable to the management. It is only through such analysis and clarification that the management is enabled to place the various data and figures in proper perspective in the performance of its functions. Such analysis assists management in the location of responsibilities and to effect necessary changes in the organizational set up in order to achieve the objectives of the enterprises in a more efficient manner.
Assisting the management in decision making by (a) providing relevant accounting and other data and (b) analyzing the effect of alternative proposals on the profits and position of the enterprise;
Providing methods and techniques for evaluating performance of the management in the light of the objectives of the enterprise, thus assisting in the implementation of the principle: “Management by objectives”.
Improving, modifying and sharpening the effectiveness of the existing techniques of analysis. The management accountant would always think of increasing the practicability of existing techniques. He should be on the look-out of the development of new techniques as well.

In the hands of management, management accounting serves not only as a tool; however, it also provides for a technique evaluating the performance of the management itself. It operates as a double edged sword assisting the management in proper performance of its functions in planning, decision making and control, and at the same time, enabling the owners and other interested parties to evaluate and appraise the management of the enterprise.

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  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

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The Secret to Getting Ahead is Getting Started

Congratulations! Your interest in Independence University is an important first step toward changing your life. A career-focused degree is the key to a new career with a potentially higher income, better benefits, and more satisfaction.

We want to help you get that degree. Consider:

1.       Start Fast, Finish Fast: You can earn an Associate’s degree in 20 months, and a Bachelor’s degree in 30 to 36 months.*

2.       Save up to $5,000 on your college degree.† You can afford college with our new Fresh Start Scholarships!

3.       Tuition Assistance: Financial aid and grants are available to those who qualify.

Programs:

  • Accounting (BS)
  • Accounting - Forensic Accounting (BS)
  • Business Management & Accounting (AAS)
  • Degrees offered include Bachelor of Science in Accounting, Bachelor of Science in Business Administration, and Master of Business Administration.
  • Students are instructed in relevant business skills like communication, mathematics, and management.
  • Coursework emphasizes the development of project management, communication, decision-making, and problem-solving skills.
  • Flexible, 100% online and campus based programs available.

Programs:

  • BS in Accounting
  • BS in Accounting - Managerial Accountancy
  • BS in Accounting - Public Accountancy
  • And more...
  • Earn your bachelor's degree in business online with GCU to deepen your knowledge base, expand your skill set and begin your business career.
  • GCU's Colangelo College of Business offers bachelor's degrees in business information systems, applied business analytics, hospitality management, marketing and more – Take your pick!
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU provides quality training for business majors in servant leadership, ethics and entrepreneurism in order to thrive in a future career.

Programs:

  • B.S. in Accounting
  • B.S. in Finance and Economics
  • Recognized in the first Best for Vets: Business Schools list in Military Times Edge magazine’s 2013 “Best for Vets” edition.
  • Offers MUSE (My Unique Student Experience), a content delivery system that gives students the option to watch, view, read or listen to required course materials.
  • Allows students to complete courses at whatever pace they want.
  • A DANTES-affiliated university and member of the Service Members Opportunity Colleges.
  • Offers IntelliPath, a proprietary learning technology that lets students learn at their own pace.

Programs:

  • Bachelor of Accounting
  • Bachelor's (BBA) - Accounting
  • Bachelor's (BBA) - Finance
  • Earn your degree online from Ashford University!
  • Choose from Undergraduate and Graduate classes
  • Business, Health Care, Psychology and Liberal Arts programs to choose from
  • Apply Now! Classes begin every Tuesday!

Programs:

  • BA Finance

CTU can help you connect to what matters most: a powerful professional network, faculty who are real-world professionals and innovative technology. And now several CTU degree programs are ranked by U.S. News Best Online Programs for 2015.  Are you in?

Programs:

  • Bachelor of Science in Accounting
  • Bachelor of Science in Business Administration - Finance
  • Online and ground-based program areas include Fashion Marketing and Management and more.
  • Students can study branding, event management, and public relations to help them prepare for a marketing career
  • Course topics include Fundamentals of Business, Brand Strategy, Project Management, and Principles of Market Research
  • Over 50 locations nationwide, with a student support team dedicated to helping students grow
  • Join our next Open House on 2/15!

Programs:

  • Marketing & Entertainment Management (BS)
  • Fashion & Retail Marketing (AS)

Recognized by the U.S. News and World Report for: Best Online Programs, Bachelor’s 2017, Best Online Programs, Grad Education 2017 and Best Online Programs, Bachelor’s for Veterans 2017

Programs:

  • Technology Management (Bachelor of Science) - Online
  • Applied Policing and Technology (Associate of Science) - Online