MANAGEMENT ACCOUNTING TECHNIQUES IN MANUFACTURING FIRMS
- Project Research
- 1-5 Chapters
- Quantitative
- Chi-Square
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
EXCERPT FROM THE STUDY
Far from playing a passive role in providing information, management accounting is involved both in strategic decisions, and current decisions faced by an entity. In fact, the role of management accounting is to make the link between strategy of the organization and current actions taken to achieve its objectives. Management accounting is the one that provides financial and operational information needed by managers in order to achieve the strategic objectives of the organization (Bell et al., 2014). Although the costs computation remains an important objective of management accounting, it must be emphasized the importance of designing and developing a management accounting system oriented to achieving the strategic objectives of the organization.
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