- Work as a branch of accounting that is concerned with the identification, measurement activities
- Operational cost tracking and analysis.
- Do the variance analysis between budget and actual results monthly to find out the reason for deviation.
- Interpretation of accounting information
- Assist managers to make necessary decisions to efficiently manage a company’s operations.
- Do techniques in Managerial Accounting including the following:
- Margin analysis
- Constraint analysis
- Capital budgeting
- Inventory valuation and product costing
- Trend analysis and forecasting