What tools and techniques used in management Accounting?

The following tools and techniques are used in management accounting to assist management:

(i) Analysis of Financial Statements.

(ii) Ratio Analysis.

(iii) Funds Flow Analysis.

(iv) Cash Flow Analysis.

(v) Cost Volume Profit Analysis, Different Cost Analysis, etc.

(vi) Budgetary Control and Standard Costing.

(vii) Management Reporting.