ASSESMENT OF EFFECTIVENESS OF ACCOUNTING INFORMATION AS A TOOL FOR MANAGEMENT DECISION

Abstract

The project's objective is to use accounting data to aid in managerial decision making. Information standards for accounting, financial accounting, and management accounting are all addressed in this book. Possible applications of accounting data to management decision making will also be explored in the course of this undertaking. At the end of this assignment, they were able to pinpoint just how vital accounting data is to management's ability to make informed decisions. Moreover, accessible financial data helps with both strategic and operational planning and control. Finally, the project's focus aids in the inferences formed about the nature of the issue and the means of tackling it in a manner that guarantees flawless management.