MANAGEMENT ACCOUNTS
\mˈanɪd͡ʒmənt ɐkˈa͡ʊnts], \mˈanɪdʒmənt ɐkˈaʊnts], \m_ˈa_n_ɪ_dʒ_m_ə_n_t ɐ_k_ˈaʊ_n_t_s]\
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Specifically for a firm's management specific summarized accounting data from the balance sheet, cash flow, and income statement) prepared and presented each month, or fortnight, or week. To make daily, short-term decisions, management accounts yield timely, key financial and statistical information needed by managers .
By Henry Campbell Black
