Managerial Accounting: An Overview

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We will learn what managerial accounting is and how it is different from financial accounting. We will study how managerial accounting helps managers in key areas of planning, controlling, and decision making. We will learn that managerial accounting skills are useful in just about any career, organization, and industry. We will look at the various managerial perspectives and how these non$-$quantitative perspectives work hand in hand with the numbers to effectively manage a business.

Why Does Managerial Accounting Matter to Your Career?

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Knowledge Check $01$

All of the following are pillars of managerial accounting except $\_\_\_\_\_\_\_\_.$

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multiple choice

controlling

decision making

planning

maximizing profit