While the fundamentals of management accounting have not changed over the past 100 years, changes in manufacturing and production processes have pushed management accounting to update its practices.

Management accounting techniques give business leaders the tools to measure and increase profit margins while lowering operating expenses. The scope of analytical techniques is large enough to fill ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...