What are the five methods of management accounting

Management accounting tools and methods is a specific means to achieve management accounting objectives, it is the enterprise application of management accounting used in strategy maps, rolling budget management, job cost management, cost-volume-profit analysis, balanced scorecard, and other models, techniques, processes collectively.

The specific methods of management accounting are:

One, cost pattern analysis

Two, cost-volume-profit analysis

Three, marginal analysis

Four, cost-benefit analysis

Five, discounted cash flow method

There are many methods of management accounting, and each of them can realize the control objectives of the enterprise to a certain extent or in a certain way. Each tool and method can realize the enterprise's control objectives to a certain extent or in a certain way, but each has its own prerequisites and advantages and disadvantages for construction and operation. Moreover, management accounting tools and methods have openness and are constantly enriched and improved with the development of practice