Business, Management and Accounting
5 years ago

Businesses Boost Profits by Optimizing Accounting Practices

2 views
International Journal of Sciences: Basic and Applied Research
The System of Management Accounting and Cost Optimization in Order to Improve the Financial Result
Igor Zdravkoski, Pece Nikolovski, Sanja Vezenkoska, Veronija Nolcheska, Marina Blazhekovich, Marija Kimovska

Paper Summary

The article discusses how organized management accounting is crucial for improving the financial results of businesses. Management accounting provides financial and non-financial data to help managers make better decisions. It is closely linked with financial and cost accounting, combining data from various accounting aspects in reports.

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