Introduction to Management Accounting | Great Learning

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In this video, we will talk about Management Accounting and what it means for your Career.
We will touch on the basic aspects of Accounting, and understand the Characteristics of Management Accounting. After that, we would understand what a Management Accountant does on a day-to-day basis. We will understand the difference between Management, Financial Accounting, and Cost Accounting. Towards the end, we will understand Management accounting through a real-life example.

00:00:00 Introduction
00:01:15 Agenda
00:04:04 Basics of Accounting
00:14:43 What is Management Accounting?
00:15:45 Characteristics or nature of Management Accounting
00:19:41 Role of a Management Accountant
00:23:55 Difference between Management and Financial Accounting
00:34:53 Difference between Management and Cost Accounting
00:38:56 Real-time example
00:41:33 Summary

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