What is it?
What is Management Accounting?
Fraud Triangle consists of rationalization, pressure, and...
What is opportunity?
Certified Management Accountant, Certified Public Accountant, Certified Financial Manager, etc
What are examples of certifications?
Helps external users make investment, credit, and other decisions...
What is Financial Accounting?
An area of accounting that serves the internal users and their decision making needs...
What is Managerial Accounting?
Colorado Mountain Coffee has deviated from the yearly budget, this is a potential...
What is fraudulent activity in the management accounting with budgetary control?
Financial analyst, general manager, controller/treasurer...
What are examples of different accounting positions?
GAAP holds little to no control over it, and there is relatively flexible reporting...
What is Managerial Accounting?
Planning future activities, determining cost prospects, and comparing cost results both currently and in the future.
What are examples of Managerial Accounting purposes?
An accountant has manipulated the cost data for other companies in the past and hasn't been caught, Colorado Mountain Coffee's books aren't looking good, this is an example of...
What is opportunity to commit fraud?
Colorado Mountain Coffee is looking to grow, a managerial accountant can help with...
What is marketing, budgeting and forecasting, profitability analysis?
Name the incorrect one- focuses on the future, includes more non-monetary information, uses estimates and projections, and focuses on the whole organization...
What is the last one, focuses on the whole organization?
Companies like Walmart, Google, and even Toyota use managerial accounting for...
What is cost control, production efficiency, manage inventory and product pricing?
An example of fraud prevention in a company...
What are internal controls?
What are basic skill sets of managerial accounting?
Managerial Accountants prepare internal information and analysis instead of financial statements...
What is true?
Uninformed decision making, poor cost control, inefficient resource allocation, are all examples of...
What are the possible effects of a lack of managerial accounting?
A professional association of management accountant that requires competency, confidentiality, and integrity...
What is Institute of Management Accountants or IMA?
Earning certificates, continuous learning, networking, and setting an educational foundation can all...
What is play a role in career advancement in the field?
Managerial accounting focuses on this time horizon, emphasizing planning and decision-making for the future...
What is present and future?