This information aids managers in strategic decision-making, according to the book "Managerial Accounting." In an internal managerial report, an accountant evaluates a department's efficiency and ...

If money makes the world go round, the accountant is the axis, and managerial accounting is the gravity. This article will discuss how managerial accounting adds value to an organization and the role ...

Managerial accounting involves using a company's financial ... you can use either the net book value -- which equals original cost minus accumulated depreciation -- or the original cost.