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Business

Accounting

Include examples of the type of information and reports the management accountant can provide

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 7Q: Who are the primary users of the information gathered by managerial accountants?

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Include examples of the type of information and reports the management accountant can provide.

Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.

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