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Canada (510,303)
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ACC 406 (255)
Lecture

Week 1 - Ch 1

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Department
Accounting
Course
ACC 406
Professor
Alison Beavis
Semester
Winter

Description
ACC 406Week 101112012CH 1Management accountingInternal accountingSupports the needs of managementno regulations ex GAAP to follow because reports arent being released to the publicManagement accountant must understand many functions of the business to manage the value chainA decision affecting one function affects the othersAllows management to see big picture andIncrease quality reduce time and improve efficiencyIn a company a management accountant would usually beStaff positionController or chief accounting officerResponsible for internal auditing cost accounting financial accounting and systems accountingTreasurerRaises c
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