English
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek
Ban & Monetization Policy
MyLiveRoom Rewards Program Rules & Eligibility
Foros
Myliveroom Forums is the ultimate destination for connecting with other virtual event and community professionals.
What is the role of accounting in management?
accounting in management is the use of financial data to decide, control and plan in an organization. Previous management accounting allows leaders to assess costs, confidentiality, budgets, and financial trends to work effectively. It assists in strategic planning by disclosing the company’s financial health and assists in expenditure budgeting, goal setting, and performance measurement. The management accounting differs from financial accounting which works on external from internal and future oriented. It enables managers to make decision making based on data that can realize profitability and maintain the organization‘s success.
