What are planning tools in Management Accounting?
What are planning tools in Management Accounting? Important tools and techniques used in management accountingFinancial Planning. The main objective of any business organization is maximization of profits. Financial Statement Analysis. Cost Accounting. Fund Flow Analysis. Cash Flow Analysis. Standard Costing. Marginal Costing. Budgetary Control. What are the techniques of management accounting? In order to achieve its goals, managerial accounting relies on a variety of different techniques, including the following:Margin analysis. Constraint analysis. Capital budgeting. Inventory valuation and product costing. Trend analysis and forecasting. What are the various methods and tools used for financial management? Top 8 Techniques of Financial ManagementTechnique...