HOW MANAGERIAL ACCOUNTING ADDS VALUE TO ORGANIZATION

Essay specific features

 

Issue:

Business

 

Written by:

Lisa L

 

Date added:

September 19, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3141

 

Was viewed:

9467 times

 

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Essay content:

A major activity included in the management accounting is the measurement of costs of processes that create value. Management accounting is performed inside organizations. It is the internal business-building role of accounting and finance professionals, who design, implement, and manage internal systems that support effective decision support, planning, and control over the organization's value-creating operations...
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Management accounting and finance professionals directly support an organization's strategic goals. Management accounting focuses on the real internal economics of the enterprise ? creating new business, optimizing existing business processes, and analyzing customer value ? that create long-term, sustainable value...
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