Management accounting and Unconventional monetary policy: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add links.)
 
imported>Doug Williamson
(Expand page. Source: BIS https://www.bis.org/publ/cgfs63.pdf)
 
Line 1: Line 1:
Management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making.
(UMP).


It generally involves the establishment of cost centres, and often profit centres, with associated budgeting, forecasting and reporting activity.
Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.  


Historically, mechanisms for influencing the money supply have included the use of open market operations, the central bank discount rate and reserve requirements.


Management accounting is sometimes also known as ''cost and management accounting''.
 
'Unconventional' monetary policy includes:
*Quantitative easing (asset purchase programmes)
*Forward guidance
*Negative interest rates
*New lending operations




== See also ==
== See also ==
* [[Absorption costing]]
* [[Forward guidance]]
* [[Accounts]]
* [[Lending operations]]
* [[Activity-based costing]]
* [[Negative interest rate policies]]
* [[Budget]]
* [[Quantitative easing ]]
* [[CertICM]]
* [[Reserve requirements]]
* [[Corporate financial management]]
* [[Sterling Monetary Framework]]
* [[Cost centre]]
* [[Supply side policy]]
* [[Costing]]
* [[Zero lower bound]]
* [[Direct costs]]
* [[ZLB problem]]
* [[Financial reporting]]
* [[Fixed cost]]
* [[Indirect costs]]
* [[Job costing]]
* [[Forecast]]
* [[Process costing]]
* [[Profit centre]]
* [[Variable cost]]


[[Category:Financial_management]]
[[Category:Knowledge_and_information_management]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 20:27, 8 June 2020

(UMP).

Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.

Historically, mechanisms for influencing the money supply have included the use of open market operations, the central bank discount rate and reserve requirements.


'Unconventional' monetary policy includes:

  • Quantitative easing (asset purchase programmes)
  • Forward guidance
  • Negative interest rates
  • New lending operations


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Management_accounting&oldid=49429’