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Management Accounting – DMO Consultancy and Accounting Services

Management Accounting

Management Accounting is the preparation of financial reports required by the owner or management team of a business, often on a more frequent basis

Management Accounting 
Management Accounting is the preparation of financial reports required by the owner or management team of a business, often on a more frequent basis (for example quarterly, monthly or weekly) than financial accounts.
Some examples of management accounting reports are:
• monthly profit and loss statement
• monthly sales analysed by product or division
• Standard costing reports.