Management Accounting
Accountants who specialize in this type of accounting are also known as private, industrial or corporate accountants. Management accountants provide their services to business houses for recording and studying the company's financial data. Their portfolio in the private firms includes cost and asset management, budgeting and performance evaluation. This is more on the basis of employer-employee relation. They also perform internal audit to review the company financial management practices and keep an in eye for any mismanagement and fraud. The accountants who perform these audits have specializations in, compliance auditing, information technology auditing or environmental auditing.
Accountants who specialize in this type of accounting are also known as private, industrial or corporate accountants. Management accountants provide their services to business houses for recording and studying the company's financial data. Their portfolio in the private firms includes cost and asset management, budgeting and performance evaluation. This is more on the basis of employer-employee relation. They also perform internal audit to review the company financial management practices and keep an in eye for any mismanagement and fraud. The accountants who perform these audits have specializations in, compliance auditing, information technology auditing or environmental auditing.
No comments:
Post a Comment