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financial management

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › financial management

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.
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  • 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: 54696
    • ☆☆☆☆☆

    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.

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

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