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Week 1 : Managerial Accounting and the Business Environment

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By the end of this topic, you should be able to:

  • Definition of Management Accounting
  • The Major Purpose of Accounting Systems
  • The Work of Management and the Need for Managerial Accounting Information
  • Comparison of Financial and Management Accounting
  • Comparison of Cost and Management Accounting
  • Management Accounting in service and Non-profit organization
  • The Management Process and Accounting
  • Standards of Ethical conduct for Management Accountants