Basic Concepts of Accounting

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Strategic decision-making

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Accounting gerencial helps managers make informed and strategic business decisions.

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Financial transparency

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Detailed financial reports promote transparency in business operations.

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Profit analysis

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Analyzing profits is a key aspect of financial reporting.

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Decision support

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Accounting gerencial provides data that supports business decision-making.

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Strategic business insights

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Accounting gerencial offers insights that are essential for strategic planning.

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Managerial Accounting

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Provides relevant and detailed information for internal company management, aiding decision-making.

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Internal Management

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Uses managerial accounting for decision-making.

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Financial Reports

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Documents prepared by financial accounting for external use.

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Role of Accounting Gerencial

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To provide necessary information for financial and managerial purposes.

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Scope of Managerial Accounting Reports

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Not mandatory, managerial level reports.