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Managerial Accounting: An Overview. Managerial Accounting is the process of identifying, measuring, analyzing, interpreting and communicating information in pursuit of an organization’s goals. The users of managerial accounting information are managers inside the organization.

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managerial accounting an overview
Managerial Accounting: An Overview
  • Managerial Accounting is the process of identifying, measuring, analyzing, interpreting and communicating information in pursuit of an organization’s goals.
    • The users of managerial accounting information are managers inside the organization.
    • Managerial accounting information is notmandatory or regulated.
    • You need to understand the accounting information that is used to evaluate the people that you manage in order to accurately determine performance.
managerial accounting an overview2
Managerial Accounting: An Overview
  • It is important for managers to understand the entire value chain in which their organization participates and the accounting information that is pertinent for each function.

Raw Material Acquisition

R & D

Production

Customer Service