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Category: Introduction to management accounting

List of articles in “Intro to management accounting” category

June 30, 2022 Khayyam Javaid, ACA

Following is a list of articles in this category: Management Accounting Introduction What is an organization? Organizational charts Centralized vs.…

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Posted in: Introduction to management accounting, Management Accounting

Limitations of cost and management accounting

May 16, 2022 Khayyam Javaid, ACA

All professional accountancy qualifications such as chartered accountancy, ACCA etc. have a subject of cost and management accounting as there…

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Posted in: Introduction to management accounting, Management Accounting

What is management reporting?

May 9, 2022 Khayyam Javaid, ACA

All businesses try to manage their operations as efficiently as possible in order to meet their goals and objectives. For…

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Posted in: Introduction to management accounting, Management Accounting

What is management information?

April 29, 2022 Khayyam Javaid, ACA

All businesses try to manage their operations as efficiently as possible in order to meet their goals and objectives. For…

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Posted in: Introduction to management accounting, Management Accounting

Common business transactions

April 1, 2022 Khayyam Javaid, ACA

Generally, any instance of buying and selling something is considered a business transaction, which is true, but half true. Business…

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Posted in: Introduction to management accounting, Management Accounting

Integrated vs interlocked accounting systems

Khayyam Javaid, ACA

There are two types of systems for doing accounting, integrated system and interlocking system. Integrated system maintains a single set…

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Posted in: Introduction to management accounting, Management Accounting

Cost accounting vs financial accounting

Khayyam Javaid, ACA

Let’s see the definitions of cost accounting and financial accounting before discussing some other differences. Definitions

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Posted in: Introduction to management accounting, Management Accounting

What is a policy manual?

March 18, 2022 Khayyam Javaid, ACA

A policy manual is an internal document of an organization containing guidance for employees to follow the policies and practices…

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Posted in: Introduction to management accounting, Management Accounting

Centralized vs. decentralized organizations

March 15, 2022 Khayyam Javaid, ACA

An organization is centralized if authority and power of decision-making is held by one person or a small group of…

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Posted in: Introduction to management accounting, Management Accounting

Organizational charts

March 9, 2022 Khayyam Javaid, ACA

An organizational chart is a diagram that shows the structure of an organization. It depicts the responsibilities and relationships of…

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Posted in: Introduction to management accounting, Management Accounting

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    Financiopedia
    • Financial Accounting
      • Basics of accounting
      • Double-entry accounting system
      • Accounting cycle
      • Accounting principles
      • Bookkeeping
      • Accounting of assets
      • Property, plant and equipment
      • Financial instruments
      • Inventory
      • Accounts receivable
      • Accounting of liabilities
      • Accounting of income
      • Accounting of expenses
      • Financial statements
      • Ratio analysis
    • Management Accounting
      • Introduction to management accounting
      • Introduction to costs
      • Material and labour costs
      • Marginal and Absorption Costing
      • Inventory valuation
      • Inventory management
      • Costing systems
      • Budgeting
      • CVP analysis
    • IFRS
      • IFRS 15 – Revenue from contracts with customers
      • IFRS 9 – Financial Instruments
    • About Us