IT Financials Glossary

Management Accounting System (MAS)

Posted in Systems by mgentle on August 26, 2010

Management Accounting System (MAS): a parallel accounting system that augments the general accounting system. It manages costs and revenue based on management criteria like projects, applications or customers. Unlike the general accounting system, a MAS does not need to comply with legal or regulatory requirements – but if the former feeds the latter, it must be possible to demonstrate how the final numbers were arrived at.

MASs can vary from Excel spreadsheets and time entry systems all the way to PPM or ITFM systems.

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