Managerial Accounting

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Managerial Accounting by Mind Map: Managerial Accounting

1. Types of management function

1.1. Recordkeeping

1.2. Performance evaluation

1.3. Decision making

2. Distinctive features of accounting

2.1. User Orientation

2.2. Freedom of Choice

2.3. Time Frame

2.4. Restrictive Standards

2.5. Accounting Entity

2.6. Reporting Frequency

2.7. Degree of Precision

3. Role іn organization

3.1. Planning

3.2. Organizing

3.3. Directing

3.4. Controlling

3.5. Decision Making

3.6. Management decision making

4. Managers