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Cost Accounting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Cost Accounting

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by AvatarJohn Moffat.
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  • March 3, 2020 at 5:30 pm #563949
    Avatarnassee
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    How far Cost Accounting is useful in providing guidance for managerial decision-making?

    March 4, 2020 at 6:53 am #564045
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54837
    • ☆☆☆☆☆

    The whole purpose of. management accounting is to provide management with the information they need to make decisions!!

    For example, how can management properly decide what selling price to charge for whatever they produce without having information about the cost of production?

    All of this is explained in my free lectures for Paper MA. The lectures are a complete free course and cover everything needed to be able to pass the exam well.

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