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4 Manegement Functions

Accounting Management (Business) is the practical application of management techniques to control and report on the financial health of the organization. This involves the analysis, planning, implementation, and control of programs designed to provide financial data reporting for managerial decision making. This includes the maintenance of bank accounts, developing financial statements, cash flow and financial performance analysis. Accounting management is a mandatory knowledge module of any MBA program.
Accounting (IT) management: Accounting is often referred to as billing management. The goal is to gather usage statistics for users.
Using the statistics the users can be billed and usage quota can be enforced.
Examples:
• Disk usage
• Link utilisation
• CPU time
RADIUS, TACACS and DIAMETER are examples of protocols commonly used for accounting.
For non-billed networks, 'Administration' replaces 'Accounting'. The goals of Administration is to administer the set of......


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Approximate Word Count: 521
Approximate Pages: 3 (250 words per double-spaced page)

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  1. 4 Manegement Functions

    4 manegement functions Accounting Management (Business) is the practical application of management techniques to control and report on the financial health of the organization.