Significance of Managerial Accounting

776 Words3 Pages
Managerial accounting and its significance Introduction In the professional education of today, which is inclusive of management accounting education, the universities and colleges are finding problems. The learning institutions have limited resources and also have incapability in making sure students graduate with the necessary knowledge and skill. These two elements are fundamental for the graduate's future career decisions. The title managerial accounting has much to do with nurturing accountants, but aims at equipping the managers with virtues that assist in decision making and also for project planning and overseeing of operations (Zabriske & McNabb, 2007). The professors introducing the managerial accounting course to the students has to be clear and elaborative, due to the terminologies and unfamiliar concepts which are used in the course (King & McConnell, 2010). Managerial accounting future studies and goals Future goals and study require critical understanding for one to make the right decisions that will later ensure job satisfaction. Individual attainment of professional goals is one of the fundamental fruits of proper management accounting. However, there is a need to improve the standards of the way students think concerning their future studies. There has to be persistence in decision making regarding the student's choice of course (emphasis of area). This has been explained well and established in both the American Institute of Certified Public
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