Managament accounting

Tactical information is used by middle management to decide how the resources of the business should be employed, and to monitor how they are being and have been employed. Such information includes productivity measurements (output per man hour or per machine hour), budgetary control or variance analysis reports, and cash flow forecasts.

 It is primarily generated internally.  It is summarised at a lower level.  It is relevant to the short and medium term.  It describes or analyses activities or departments.  It is prepared routinely and regularly.  It is based on quantitative measures.