A Brief Look at Managerial Accounting

A day doesn't go by without Managerial Accounting in our capitalistic world we call, America. Whether we recognize it or not it's in our lives everywhere we turn. It can be seen in the company you work at to the fast-food chain you buy breakfast. Managerial Accounting is the process of identifying, measuring, analyzing, interpreting, and communicating information in pursuit of an organization's goals.
An organization needs resources and people to carry out the activities. The management team of the organization must achieve the goals with the resources, people and activities. …