Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

Academic research in management accounting can provide companies with insight in using management accounting systems to better achieve strategic and operating objectives. It explains or predicts how ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

IMGCAP(1)]The importance of implementing a formal three-year strategic plan is often lost in the moment of operational management. This is the reason why there are so few companies and firms that ...

Note: This article is the second in a series about how firms can successfully reassess and reimagine their business models. Read the first article here. Failure to plan is planning for failure. That ...

The business environment today is increasingly complex. And amidst this complexity, outsourced accounting and bookkeeping services have emerged as a solution and a strategic advantage for businesses.

Learn how to use accounting for the management of business operations and financial decisions with an online Graduate Certificate in Management Accounting at Southern New Hampshire University.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. At a seminar I recently attended, the role of the CFO was split into four categories. Only ...

In today's rapidly evolving financial landscape, artificial intelligence has firmly established itself as more than just a buzzword—it has become the backbone of modern accounting practices. This ...

Business accounting procedures provide essential information that supports professional decision-making. Management and financial accounting are two methods for tracking, recording and interpreting ...