TE1050 - Managerial Accounting

Course Description

Managerial accounting is concerned with providing information to managers- that is, to those who are inside an organization and who direct and control its operations. Managerial accounting can be contrasted with financial accounting, which is concerned with providing information to stockholders, creditors and others who are outside an organization. Managerial accounting information include information on the costs of an organization’s products and services, budgets, performance reports, and other information which assist managers in their planning and control activities.