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10 March, 2022

Objectives of management Accounting

 The main objective of management accounting is to provide information for successfully carrying out the managerial duties. The objectives of management accounting are as under:-

1. To assist in Planning

2. Helps is organizing.

3. To assist in Interpreting Financial Information.

4. To assist in Controlling Performance.

5. To assist in Co-ordination.

6. Help in Motivating Employees.

7. Helps in analysis and interpreting the financial information.

8. To assist in decision making.

9. Helpful in reporting.

10. Helpful in fixing responsibility.

11. To Assure Accountability.