Professional Documents
Culture Documents
FIG 1 PLAN AND CONTROLL PROCESS Role of Mnagement Accountant
FIG 1 PLAN AND CONTROLL PROCESS Role of Mnagement Accountant
Goal of Managerial
Accounting
The goal of managerial accounting is to
provide information that managers need
for:
A. Planning
B. Control
C. Decision Making
A. Planning
Plan
Action taken to
Implement plan
Action taken to
Implement plan
Results
Comparison of
planned and actual
results
Evaluation
Decisions to Comparison of
reward or punish planned and actual
managers results
Evaluation