In management accounting or managerial accounting, managers use accounting information in decision-making and to assist in the management and performance of their control functions.
An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant, or Registered Public Accountant. Such professionals are granted certain responsibilities by statute, such as the ability to certify an organization's financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations.
Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. There are many professional bodies globally that have management accounting professional qualifications. The main bodies that offer the CMA certification are:
- Institute of Management Accountants USA;
- Institute of Certified Management Accountants (Australia);
- Certified Management Accountants of Canada.
The Institute of Mathematics and its Applications (IMA) is the UK's chartered professional body for mathematicians and one of the UK's learned societies for mathematics.
An institutional investor is an entity that pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked companies, insurers, pension funds, sovereign wealth funds, charities, hedge funds, real estate investment trusts, investment advisors, endowments, and mutual funds. Operating companies which invest excess capital in these types of assets may also be included in the term. Activist institutional investors may also influence corporate governance by exercising voting rights in their investments. In 2019, the world's top 500 asset managers collectively managed $104.4 trillion in Assets under Management (AuM).
The Institute of Management Accountants (IMA), formerly known as the National Association of Cost Accountants (NACA), is a professional organization of accountants.
Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwide. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 110 offices and centres in 51 countries - with 346 Approved Learning Partners (ALP) and more than 7,600 Approved Employers worldwide, who provide employee development.
Founded in 1958, the International Mineralogical Association (IMA) is an international group of 40 national societies. The goal is to promote the science of mineralogy and to standardize the nomenclature of the 5000 plus known mineral species. The IMA is affiliated with the International Union of Geological Sciences (IUGS).
The Anderson School of Management (Anderson) is the business school of the University of New Mexico (UNM). Anderson was the first professional school of management established in the state of New Mexico. Anderson's current alumni base is over 24,000 graduates.
The Irish Medical Organisation is a professional association for doctors in Ireland, and is also a trade union representing doctors in negotiations with the Irish government.
The Weinert Center is the home of entrepreneurship education in the School of Business at the University of Wisconsin–Madison (UW). The center is dedicated to teaching, research, and service related to entrepreneurial management and enterprise development across the entire UW campus.
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the Ministry of Commerce. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.
Lovely Professional University (LPU) is a private university located in Chaheru, Phagwara, Punjab, India. The university was established in 2005 by Lovely International Trust, through the Lovely Professional University Act, 2005 and started operation in 2006.
Prathap Chandra Reddy is an Indian entrepreneur and cardiologist who founded the first corporate chain of hospitals in India, the Apollo Hospitals. India Today ranked him 48th in its 2017 list of India's 50 most powerful people.
Scott Devours is an American drummer and songwriter based in New York City. Devours has played drums for the post-grunge bands Oleander, IMA Robot and Long Beach bands like Speaker and Shave, worked on over thirty albums and toured with a number of well-known artists, including The Who.
The Business Association of Stanford Entrepreneurial Students (BASES) is a student group at Stanford University focusing on business and entrepreneurial activities. One of the largest student-run entrepreneurship organizations in the world, BASES' mission is to promote entrepreneurship education at Stanford University and to empower student entrepreneurs by bringing together the worlds of entrepreneurship, academia, and industry. BASES organizes the flagship 150K Challenge, Entrepreneurial Thought Leaders' Seminar, the SVI Hackspace, E-Bootcamp, and the Freshman Battalion.
Management accounting principles (MAP) were developed to serve the core needs of internal management to improve decision support objectives, internal business processes, resource application, customer value, and capacity utilization needed to achieve corporate goals in an optimal manner. Another term often used for management accounting principles for these purposes is managerial costing principles. The two management accounting principles are:
- Principle of Causality and,
- Principle of Analogy.
The Investment Association is a British trade association that represents the investment management industry in the United Kingdom.
This page is based on this
Wikipedia article Text is available under the
CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.
