Scope of Management Accounting

The main aim of management accounting is to help an organization in its functions of planning, directing, controlling and areas of specialization included within the admit of management accounting. The main concern of management accounting is to provide necessary quantitative and qualitative information to the management for planning and control. For this purpose it draws out information from accounting as well as non-accounting sources. Hence, its scope is quite vast and it includes within its fold almost all aspects of business operations.