What does management accounting mean? What is Management Accounting?

Management accounting, also known as "internal reporting accounting", is an accounting branch that aims to improve the economic efficiency of an enterprise, and through a series of special methods, the information provided by financial accounting and other information are processed, sorted out and reported, so that managers at all levels of the enterprise can plan and control various economic activities that occur on a daily basis, and help decision-makers make various special decisions. Management accounting is playing an increasingly important role in the financial management activities of enterprises. Among the core concepts of management accounting, value creation and maintenance are the two most important points.

Based on this, management accounting is the most effective tool for the integration of strategy, business and finance of enterprises.

Management accounting is a branch of enterprise accounting that is separated from traditional accounting and alongside financial accounting, focusing on improving the operation and management of enterprises and improving economic efficiency. It consists of two components: cost accounting and management control systems, and we study the evolution of management accounting techniques. From the perspective of history and development, this paper examines the changes and development of various stages of management accounting, and combines the evolution of the research focus of management accounting and the changing trend of management accounting work in the future, in an attempt to draw useful enlightenment for the academic research and practical application of management accounting.

The role and function of management accounting itself: from the simple accounting of financial accounting to the organic combination of analyzing the past, controlling the present, and planning for the future.

Management accounting: also known as "internal reporting accounting" refers to the economic management activities carried out with the goal of improving economic efficiency and providing scientific basis for business management decisions for internal managers of enterprises, with the current and future capital movement of enterprises as the object, for the purpose of improving economic efficiency.

Management lead group accounting, which is the abbreviation of cost management accounting, is a management term. Management accounting is a branch of enterprise accounting that is separated from the traditional accounting system and placed alongside financial accounting, focusing on making optimal decisions for enterprises, improving operation and management, and improving economic benefits.

<> management accounting is the abbreviation of cost management accounting, also known as "analysis report accounting", which is a branch of enterprise accounting that focuses on the optimal decision-making, improvement of operation and management, and improvement of economic benefits for enterprises. It includes two major components: cost accounting and management control system, and is also a specialized discipline in management. The functional role of management accounting has been organically combined from the simple accounting of financial accounting to the analysis of the past, the control of the present, and the planning of the future.

Management accounting needs to record and analyze economic business, "capture" and report management information, and directly participate in the decision-making and control process according to the needs of the enterprise management department to prepare plans, make decisions, and control economic activities.

Management accounting is an important branch of accounting, is the management of the economic activities of the enterprise, mainly to serve the internal management needs of the unit, through the use of relevant information, the integration of financial and business activities, in the unit planning, decision-making, control and evaluation and other aspects of the management activities that play an important role.

The objective of management accounting is to participate in and provide useful information for the planning, decision-making, control and evaluation activities of the unit through the application of management accounting tools and methods, so as to promote the realization of the strategic planning of the unit. The application subject of management accounting is determined by the management decision-making body, which can be the responsibility center of the unit as a whole or within the unit, or it can be an enterprise or administrative institution.

The job responsibilities of management accounting are as follows:

1. Accurately execute transaction processing for the enterprise;

2. Responsible for enterprise performance management and preparation of management processes;

3. Through the analysis of financial data, select feasible business decisions or key chang;

4. Develop long-term planning, manage working capital and analyze financing alternatives through budgeting and **;

5. Evaluate capital investments and mergers and acquisitions, identify risks and implement internal controls, act as a strategic business partner by promoting ethical business practices.

Management accounting is a branch of enterprise accounting that is separated from the traditional accounting system and listed alongside financial accounting, focusing on making optimal decisions for enterprises, improving operation and management, and improving economic benefits.

CMA is an abbreviation for Certified Management Accountant. It is a professional certification system launched by the American Institute of Management Accountants (IMA) in 1972, as an appraisal of accounting and financial professionals, CMA, together with the American Certified Public Accountant (USCPA) and the Chartered Financial Analyst (CFA), is known as the three major certifications in the field of accounting and accounting in the United States, and is recognized by many enterprises. Ask the exam CMA Management Accounting salary level questions directly

As long as you are interested in finance, you can apply for the CMA certificate, especially for professionals engaged in financial accounting, financial analysis, cost management, internal auditing, management consulting and other professions. In addition, since management accounting focuses on business decision-making, middle and high-level managers and information management personnel can also obtain this certificate.

At present, China has about 18 million financial workers, of which about eighty percent of the practitioners are engaged in recording and accounting, and these traditional businesses are easy to be replaced by computers. However, the most urgently needed "military advisor" of enterprises, that is, management accountants who can undertake functions such as budget decision-making and cost control, have a talent gap of more than 3 million.

IMA Asia Pacific Director: More and more companies are giving preference to CMA (Management Accounting) when hiring financial managers, which can earn up to 60% more than their peers with the same qualifications. On the whole.

Management accounting talents are still scarce in China, and the market is in short supply.

You can also log inManagement Accounting CMA Examination Service Platform Center

Different from traditional financial accounting, CMA's knowledge system includes finance, management, business, market, etc., and strives to cultivate financial elites who understand finance, management and business. Through market research and control of corporate departments and processes, the licensee can provide effective management for the company's performance management, cost control and risk assessment, and can also apply financial analysis, financial management and strategic financial management to provide support and basis for the company's strategic decision-making, so as to create wealth for the enterprise.