20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

financial management

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
March 16, 2017 at 5:41 am #378417
Miguel
Member
- Topics: 38
- Replies: 30
Dear John,
Why management accounts incorporate non monetary measures? Thank you for the clarification!
March 16, 2017 at 8:06 am #378432
John Moffat
Keymaster
- Topics: 57
- Replies: 54478
Because management accounts are there to help management improve the business. Therefore they need non-monetary measures in addition to financial measures.
However it is F5 that is concerned with management accounts – not F9.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘financial management’ is closed to new replies.