Management accounting techniques break costs into two major cost classifications, product costs, which relate to manufacturing, and period costs, which are all non-manufacturing costs. Product costs ...

Managerial accounting is unlike financial accounting due to its sole goal of providing useful operating information to managers, as they strive to meet business goals and objectives. Financial ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

The realities of volatile capital markets and a struggling global economy confront management decision-making at every turn. In recent years, the challenge of managing costs has become increasingly ...

Learn how to use accounting for the management of business operations and financial decisions with an online Graduate Certificate in Management Accounting at Southern New Hampshire University.

Cost-volume-profit analysis, or CVP, is something companies use to figure out how changes in costs and volume affect their operating expenses and net income. CVP works by comparing different ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

Finance and accounting both revolve around money, but each has a different role. Finance involves planning how to invest money strategically to grow wealth. Accounting tracks and reports past and ...