Organisations and management accounting
Organisations and management accounting

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Organisations and management accounting

4 Organisational departments and functions

Business organisations typically consist of a number of departments or functions and it is important to have an appreciation of the purpose and activities of these departments/functions in order to understand the role of management accounting in the organisation. After all, management accounting is concerned with providing managers at all levels with information to help them undertake their various activities and to monitor/report on the impact of these activities on the organisation. A well designed management accounting system must be based on an understanding of what various managers actually do.

Management accountants are increasingly acting as ‘business partners’ to teams in other functional areas of the organisation. If they are to be accepted within these decision making teams, it is essential they understand the operations and technology of the organisation.

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