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accounting for management

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › accounting for management

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  • September 27, 2016 at 8:50 am #341859
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Dear sir,
    briefly could you explain what’s the difference between management control system and management accounting system?

    Thanks.

    September 27, 2016 at 11:37 am #341877
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54695
    • ☆☆☆☆☆

    Man accounting system is keeping records for management.

    Man control system is using the information to exercise control e.g.by setting up a system of variance analysis.

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