Category Archives: Management Accounting

This category is to bring you the latest on the subject of Management Accounting. This includes the subjects of manufacturing accounting, standard costing, inventory valuation, cost pricing and more.

Budget Statement: “When expenses don’t meet income anymore”

One of the basics in #accounting is preparing the #budget statement for the coming year. What are my Expenditures and …

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Workings behind Activity Based Management

Activity-based #management (#abm) is a technique of classifying and evaluating actions that a business performs using activity-based #costing (#abc) to …

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Fixed is Fixed… Is it not?

#cost price and volume is key to understand in a manufacturing environment. Lets take a simplistic look at his: You …

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Founder & Father of Accounting: Pacioli

nce upon a #time there was a Franciscan Friar named Luca Bartolomes #pacioli (1445 – 1517). This mathematician stands at …

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