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Importance
created Jan 25th 2021, 08:43 by LuffyNguyen
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The managerial accountant plays an important role in preparing the information necessary for effective planning and control decisions. One example is the budget, which is a quantitative expression of a company’s long-run and short-run plans.
The budget is used to compare actual results to planned performance. With this type of information provided by the managerial accountant, management strives to continuously improve a business.
The budget is used to compare actual results to planned performance. With this type of information provided by the managerial accountant, management strives to continuously improve a business.
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