the branch of accounting dealing with the determination of the elements of cost arising from and affecting the results of the various activities of a business, to analyse an account - to separate and classify the various kinds of dealings recorded in an account in order to learn in what ways or on what things money has been spent, or to study what the dealings can tell about the business, management accounts - financial information (sales, expenditure, credits, and profitability) prepared for a manager so that he can take decisions