Cost and management accounting

Cost and management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making.

It generally involves the establishment of cost centres, and often profit centres, with associated budgeting, forecasting and reporting activity.

Cost and management accounting is sometimes also known more simply as management accounting.

See also

• Absorption costing
• Accounts
• Activity-based costing
• Budget
• CertICM
• Corporate financial management
• Cost centre
• Costing
• Direct costs
• Financial reporting
• Fixed cost
• Indirect costs
• Job costing
• Forecast
• Process costing
• Profit centre
• Variable cost