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Management Accounting Georgia

Management accounting is a form of accounting specific to managers within organizations in Georgia, to assist management making decisions and managerial control functions. This site will explain management accounting in depth and trace its evolution.

1. Local Companies

2. Management Accounting - Info

3. Changes in Management Accounting in the past 60 years

4. Traditional vs. Innovative Management Consulting

5. Featured Local Company

1 . Local Companies

The Promo Shop, ltd.
770-889-9636
6495 Oak Valley Dr
Cumming, GA

Accounting & Tax Specialists
404 377-6633
315 W Ponce de Leon Ave. Ste. 810
Decatur, GA

Bottom Line Tax Services, LLC
(770) 459-1051
845 S Carroll Road
Villa Rica, GA

Kenneth H Kurtz CPA
770-888-1467
329 Kelly Mill Rd
Cumming, GA

Morehouse Group
706-278-2713
507 S Thornton Ave
Dalton, GA

Exceptional Bookkeeping Services
706-859-1345
Rome, GA

Acworth Tax Preparation
678-447-2400
3950 Cobb Parkway NW
Acworth, GA

Heritage Accounting, Ltd.
404-373-1603
417 Clairemont Avenue
Decatur, GA

Liberty Tax Service
678-518-0940
5402-C Covington Highway
Decatur, GA

H&R Block
678-464-2219
2579 North Decatur Rd
Decatur, GA

2 . Management Accounting - Info

Management accounting is concerned with the provisions and use of accounting information to managers within organizations, to assist management making decisions and managerial control functions. Unlike financial accountancy information (which, for the most part, is public information), management accounting information is used within an organization and is usually confidential. Contemporary managerial accounting systems are focusing more on the activities that occur at all levels of the organization.

3 . Changes in Management Accounting in the past 60 years

In the late 1980s, accounting practitioners and educators were heavily criticized on the grounds that management accounting practices (and, even more so, the curriculum taught to accounting students) had changed little over the preceding 60 years, despite radical changes in the business environment. Professional accounting institutes, perhaps fearing that management accountants would increasingly be seen as superfluous in business organizations, subsequently devoted considerable resources to the development of a more innovative skills set for management accountants.

4 . Traditional vs. Innovative Management Consulting

The distinction between ‘traditional’ and ‘innovative’ management accounting practices can be illustrated by reference to cost control techniques. Traditionally, management accountants’ principal technique was variance analysis, which is a systematic approach to the comparison of the actual and budgeted costs of the raw materials and labor used during a production period. While some form of variance analysis is still used by most manufacturing firms, it nowadays tends to be used in conjunction with innovative techniques such as life cycle cost analysis and activity-based costing, which are designed with specific aspects of the modern business environment in mind. Lifecycle costing recognizes that managers’ ability to influence the cost of manufacturing a product is at its greatest when the product is still at the design stage of its product lifecycle (i.e., before the design has been finalized and production commenced), since small changes to the product design may lead to significant savings in the cost of manufacturing the product. Activity-based costing (ABC) recognizes that, in modern factories, most manufacturing costs are determined by the amount of ‘activities’ (e.g., the number of production runs per month, and the amount of production equipment idle time) and that the key to effective cost control is therefore optimizing the efficiency of these activities. Activity-based accounting is also known as Cause and Effect accounting. Both lifecycle costing and activity-based costing recognize that, in the typical modern factory, the avoidance of disruptive events (such as machine breakdowns and quality control failures) is of far greater importance than (for example) reducing the costs of raw materials. Activity-based costing also deemphasizes direct labor as a cost driver and concentrates instead on activities that drive costs, such as the provision of a service or the production of a product component.

5 . Featured Local Company

The Promo Shop, ltd.

Consult with The Promo Shop before you spend your advertising dollars and we will show you items of advertising value.

770-889-9636
6495 Oak Valley Dr
Cumming, GA
www.thepromoshop.com

The Promo Shop can enhance your company branding by providing any of the thousands of quality custom logo promotional products, embroidered shirts, corporate thank-you gifts, as well as trade show exhibit displays, graphics and logo table covers. We pride ourselves on the quality of our embroidery and screen-printing workmanship on golf shirts, hats, blankets, towels, t-shirts and more.

Your company’s branding begins by creating your own silent sales force through the use of custom embroidered apparel, dress shirts, caps and price-valued custom logo promotional items. Enhance name recognition from our custom imprinted products for promotions, advertising, and other give-away programs.

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Regional Articles

- Small Business Accounting Tips Georgia

Many small business people tend to struggle with simple accounting tasks. For such businesses, accounting and payroll software can facilitate the process to a great extent.

- Net Income Statement Georgia
- Accounting Help Your Organizational Growth Georgia
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- Handling Retail Accounting Work Georgia
- Understanding business finance Georgia
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- Basics of Accounting Georgia
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Related Local Event

The Tax Information Reporting & AP Leadership Conference
Dates: 7/12/2009 - 7/15/2009
Location: Omni Hotel at CNN Center
Atlanta, GA
View Details

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Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History