MANAGEMENT ACCOUNTING AS A FOUNDATION FOR ECONOMIC DECISION-MAKING
DOI:
https://doi.org/10.5281/zenodo.20484621Keywords:
management accounting, economic decisions, cost management, strategic planning, financial analysis, budgeting, management.Abstract
This article analyzes the role and significance of management accounting in enterprise activities as an essential element of the economic decision-making process. The study highlights the opportunities provided by management accounting in controlling costs, ensuring efficient utilization of resources, forecasting financial outcomes, and supporting strategic planning. Furthermore, it examines the development trends of management accounting in the context of modern information technologies and digitalization, as well as its contribution to enhancing enterprise competitiveness. The research findings indicate that management accounting serves as a reliable source of information for managers and plays a crucial role in ensuring economic efficiency.
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