Most companies start out with an accountancy firm or a head bookkeeper. But over time, as the business grows, things get more complex – you're entering new markets, launching new products, building teams, and facing increasingly tricky financial decisions. That's when you realise there's a gap: you need someone who can connect the dots between data and decisions, link strategy to budget, and turn profit into an action plan.

Numbers alone don't make decisions. However, well-organized management accounting transforms them into the key to business growth. This concise guide presents 5 fundamental areas of management accounting – from budgeting to variance analysis – that enable you to structure financial data and convert it into actionable business strategies.

Numbers tell the story of every business. In this guide, you’ll find 10 key finance concepts explained in a straightforward way, so you can focus on what matters most: controlling costs, evaluating projects, and driving results. Definitions are consistent with IFRS.