what are the functions of management accountant?

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joseph10 | College Teacher | (Level 1) eNoter

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Management accountant collects, analyzes and disseminate financial information to the top management so as to allow them make a decisive economic decisions.

He/she is the one who is responsible in advising the management on the financial issues thus helping the company not to make losses.

He or she takes part in setting the competative cost of products through puting into consideration the production cost of the products involved.

He or she assists in risks and performance management within the company as per its set objectives.

Management accountant helps in continous improvement of the company through provision of the relevant required financial information.

 

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