The part of accounting devoted to providing information useful to the management of an organization. This is contrasted with the process of producing official accounts, which have to satisfy a company's auditor and its Inspector of Taxes. Management accounting involves the collection and processing of information which will help in actually running a firm. This includes things like checking on the stocks, to ensure that enough are kept to avoid running out too often, but not so many that they incur excessive interest costs and deterioration from age before items are needed, and ensuring that the staff are not purloining them. Management accounting includes elements of operations research, checking whether the order of operations, or the processes used to deliver products, are efficient. It also includes cost accounting, to discover which operations are profitable and which cost more than they bring in.

• right-hand variable
• rights issue
• rights, property
• risk
• risk-adjusted return on capital
• risk-averse
• risk bearing
• risk capital
• risk-free security
• risk-loving
• risk-neutral
• risk pooling
• risk premium
• risk sharing
• risk taking
• river pollution
• robustness of policies
• roll-over of loans
• Rome, Treaty of
• root
• rounding error
• round, wage
• row
• royalties
• RPC