Organisations and management accounting
Organisations and management accounting

This free course is available to start right now. Review the full course description and key learning outcomes and create an account and enrol if you want a free statement of participation.

Free course

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.


Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has nearly 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to university level study, find out more about the types of qualifications we offer, including our entry level Access courses and Certificates.

Not ready for University study then browse over 900 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus