What is the definition of Management accounting?
Management accounting is a, “branch of accounting focused on the information needs of managers and others working within the business. Its objective is to gather and report information that adds value to the business. Managerial accounting information is not regulated or reported to the public.” Edmonds, T., Tsay, B. & Olds, P. (2008). Fundamental Managerial Accounting Concepts (4th ed.). New York, NY: McGraw-Hill Irwin.
