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Managerial Accounting: An Overview

Managerial Accounting: An Overview. Managerial Accounting is the process of identifying, measuring, analyzing, interpreting and communicating information in pursuit of an organization’s goals. The users of managerial accounting information are managers inside the organization.

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Managerial Accounting: An Overview

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  1. Managerial Accounting: An Overview • Managerial Accounting is the process of identifying, measuring, analyzing, interpreting and communicating information in pursuit of an organization’s goals. • The users of managerial accounting information are managers inside the organization. • Managerial accounting information is notmandatory or regulated. • You need to understand the accounting information that is used to evaluate the people that you manage in order to accurately determine performance.

  2. Managerial Accounting: An Overview • It is important for managers to understand the entire value chain in which their organization participates and the accounting information that is pertinent for each function. Raw Material Acquisition R & D Production Customer Service

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