Financial accounts indicate the results of a business over a period of time. They deal with historic or past costs and are concerned with stewardship accounting.
A management accounting/ cost statement provides information to allow managers to plan, control and organise the activities of the business. The purpose of a costing/management accounting information system is:
1. to provide information about product costing to be used in financial
2 . to provide information for planning, controlling and organising.
Latest posts by BMS Team (see all)
- Meterdown Annual Festival is back with its 7th edition – Starts today! - January 16, 2020
- Tybms sem 6 results 2019 declared on 19th June 2019 - June 19, 2019
- TYBMS Sem 6 Results 2019 Update from BMS khabri! - June 15, 2019