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accounting information for making decisions

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Consider the following scenario:

You are a senior level manager in a large company:

List and explain the types of accounting information that are important to you and your staff when making decisions.

Explain how your managerial accountant uses technology to develop and communicate this information throughout your large company.

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Solution Summary

Consider the following scenario:

You are a senior level manager in a large company:

List and explain the types of accounting information that are important to you and your staff when making decisions.

Explain how your managerial accountant uses technology to develop and communicate this information throughout your large company.

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Some of the accounting information that is important to me includes the various ratios like current ratio, inventory turnover ratio, average collection period, turnover ratios, etc. These ratios are important to compare the performance of the organization on a periodical basis, as well as to ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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