#accounting #Management #MSME
A management accountant plays a crucial role in strategic decision-making within an organisation.
They are responsible for collecting, analysing, and reporting financial information that is used by company leaders to make informed business decisions.
The work of management accountants will often be used by board-level executives and strategists to make key decisions.
#10 points which further clarify Importance of Management Accounting
1) Informed #Decision-Making
2) #Cost Control
3) #Strategic Planning
4) #Forecasting
5) Supporting #Business Growth
6) #Risk Management
7) #Capital Budgeting
8) #Investment Decisions
9) #Cash Flow Management
10)#Resource Allocation
#CALaxman #Accounts #Business #Information #Decision-Making #Success
