Page 4 - Managerial Accounting-MGT 145

Introduction

Business managers use Managerial

Accounting to help make decisions about
their future activities: they need detailed

presentations tailored to meet the needs

of a business unit. While departmental
managers have different needs, most

management decisions deal with the

same key issues: cost, price & profit.

In managerial accounting, we examine

and identify tools and methods managers

use to make informed decisions.

We begin by introducing various methods

and theories managers use to track costs
and profits. In the final section, we

explore how managers report the overall

performance of a firm or department for

internal users or decision makers.