Management accounting is to be done for gathering information related to the accounting aspects. Most of the companies follow management accounting system for generating effective information. In the presented report Dell company has been taken which follows the management accounting system. The given report describes the meaning of management accounting, its types and methods. The benefits of applying management accounting has also presented. The absorption costing and marginal costing have also described. Different planning tools and its application for forecasting budget has been explained. The solutions to the financial problems of management accounting has been given in this report.