Internal managerial accounting systems are deployed to provide information that management can use to make good decisions. Manufacturing plants use these systems to help in costing and managing the ...

Setting goals and objectives is a critical aspect of managing a business, and the accounting function is no exception. Business goals should include both short- and long-term goals, according to Maria ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

Academic research in management accounting can provide companies with insight in using management accounting systems to better achieve strategic and operating objectives. It explains or predicts how ...

Most investors are familiar with financial accounting. It is the financial reports and standards we use to review a company's financial performance each quarter and year. Inside the company, though, ...

In 2022 alone, an estimated 97 zettabytes (or 97 billion terabytes) of data is expected to be created or consumed in the world. That mind-boggling figure is expected to nearly double by 2025.

A simple outline illustration of a calculator, piece of A4 paper, and a British Pound coin stacked together on a blue background. How do firms decide which products are profitable? How should managers ...

All firms that perform accounting or attest engagements must have their new quality management system in place by Dec. 15, 2025. These new standards require firms to develop quality objectives around ...

Selling and administrative expenses include costs like marketing and rent, not tied to product production. Managers use these expenses to tailor company strategies and optimize operations. Frequent ...