Title: LESSON ONE: Nature and Meaning of Management Accounting
Course: BAC300: Management Accounting I (PEBL)

1.1 Introduction

This lesson introduces you to the meaning, nature, role and scope of management accounting.

1.2 Lesson Learning Outcome

At the end of this lesson, you will be able to:

1. Explain the nature of management accounting
2. Outline the role of management accounting
3. Discuss the scope of management accounting