the role of accounting information in management decision making


What is the role of accounting information in decision-making?

The main objective is to investigate the role of accounting information in decision-making from the point of view of Certified Accountants. Specifically, it aims to analyse the relationship between the companies' size, the usefulness of Financial Information (FI) and Management Control Information (MCI), and the company's economic performance.

Why are Accounting Information Systems important?

Accounting information systems often focus on the data needed for financial reporting rather than management decision making, so managers need to appropriately identify relevant information for internal decisions.

What is the importance of Management Accounting?

... Management accounting is an important part of information system with a key role in decision-making for all organizations (Aver & Cadez, 2009, Brewer et al., 2013 & Zare et al., 2013. In the recent years MA has seen a strong evolution. ...

How can accounting systems aid decision making?

Making decision is necessary when there is no one clear course of action to follow. Accounting systems can aid decision making by providing information relevant to the decision and to the decision makers. Accounting systems provides a check for the validity through the process of auditing and accountability (Gray et al., 2006).

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