Business / Accounting / Management Accounting
Management Accounting: The area of accounting concerned with providing internal financial reports to assist management in making decisions.
Cost Accounting: Another term for expenditure. See also expenses.
Management Plan: The financial and operational strategy for the ongoing management of a property. It is based on market analysis, a property analysis and the owners goals.
Management Development: Training and developmental programs designed to provide new managers and existing managers with the resources needed to become more effective in their roles.
Management Goals: A set of conditions a business is striving to achieve. These may include requirements for debt/equity ratio, working capital, or dividend payments. See also covenants.
Management Fee: A management fee is the percentage of your account value that an investment company or manager charges to handle your account. Fees for passively managed index funds typically cost less than . . . View Full Definition
Management Report: Data summary (from travel agencies, travel suppliers, and/or credit-card vendors) documenting usage patterns for air travel, hotel stays, or car rental.
Management Discussion And Analysis (MD and A): A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss t . . . View Full Definition
Management-Closely Held Shares: Percentage of shares held by persons closely related to a company, as defined by the Securities and Exchange Commission. Part of these percentages often are included in 'institutional holdin . . . View Full Definition
Open-Book Management: A management strategy emphasizing employee empowerment by making the organizationís financial data available to all employees. The goal of this type of management program is to make employee . . . View Full Definition
Word of the Day:
Fragrance: The sensation of the gases released from ground coffee as they are inhaled through the nose. Ranges from sweetly floral to sweetly spicy.