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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: 54710
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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