Just by the the definition of each word I'm assuming it means manageing the tasks that go with accounting. For example strategic planning for company budget, for salaries, for spending.
Management accounting looks at the upper level management of decision making. The information shared through managerial accounting affects the way the company will operate in the future and also focuses on the day-to-day operations.
Management Accounting is a technique used in businesses that carry large amounts of inventory. It uses accounting principles in applying optimum use of invetory resources, without ever wasting those resources.
