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Management Accounting is open ended discipline which enables managers to take informed decision. Management Accounting takes inputs from cost accounts,COST and MANAGEMENT ACCOUNTING SIX TH EDITION COST and MANAGEMENT ACCOUNTING AN INTRODUCTION COLIN DRURY Australia ○ Canada ○ Mexico ○ Singapore ○ Spain Introduction to management accounting 1.1.1. Definition “Cost and Management Accounting is the process of identifying, measuring and communicating economic fected cost accounting and cost management. Amazon.com at media.corporate-ir.net/media_files/irol/97/97664/reports/2002_Annual_Report_FINAL.pdf. Cost and Management Accounting - Introduction. 2. Decision Making Tools. 3. Budgeting and Budgetary Control. 4. Standard Costing and Variance Analysis. In particular, the management accounting function should provide economic feedback to managers to assist them in controlling costs and improving the efficiency 1 Introduction to management accounting 4 The cost and management accounting informa- tion system 36 /pdf/investors/result-center-investor/annual. At last we have discussed about cost accounting records, cost audit and analysis & interpretation of financial statements. In this study every efforts has been