Traditional Culture Encyclopedia - Traditional festivals - What are the main functions of management accounting?
What are the main functions of management accounting?
Management accounting has five functions, as follows:
1. Do a good job in forecasting the economic prospect of the current operation and long-term planning of the enterprise.
2. Establish economic index system, implement economic responsibility system and control the whole business process.
3. Do a good job in fund-raising and strengthen cash flow management.
4. Establish a strict accounting bargaining system and increase rewards and punishments.
5. Participate in enterprise economic decision-making.
There is another saying:
1, forecasting economic prospects;
2. Participate in economic decision-making;
3. Plan business objectives;
4. Control the economic process;
5. Assessment and evaluation of business performance.
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