The System of Management Accounting and Cost Optimization in Order to Improve the Financial Result

Authors

  • Igor Zdravkoski Faculty of economics – Prilep, University “St.Clement Ohridski” – Bitola, Marksova 133, 7500 Prilep, Republic of Macedonia
  • Pece Nikolovski Faculty of economics – Prilep, University “St.Clement Ohridski” – Bitola, Marksova 133, 7500 Prilep, Republic of Macedonia
  • Sanja Vezenkoska Faculty of economics – Prilep, University “St.Clement Ohridski” – Bitola, Marksova 133, 7500 Prilep, Republic of Macedonia
  • Veronija Nolcheska Faculty of economics – Prilep, University “St.Clement Ohridski” – Bitola, Marksova 133, 7500 Prilep, Republic of Macedonia
  • Marina Blazhekovich Faculty of Information and Communication Technologies, Partizanska nn, Bitola 700, Republic of Macedonia
  • Marija Kimovska Faculty of economics – Prilep, University “St.Clement Ohridski” – Bitola, Marksova 133, 7500 Prilep, Republic of Macedonia

Keywords:

Accounting, management, planning, cost, result.

Abstract

If we want better and more effective management and organization of enterprises it is necessary to have an organized management accounting. Normally this accounting is part of the accounting information system of a business entity. Accounting information system includes a number of accounting subsystems. But management accounting, or, managerial accounting has its own special features. In fact, its purpose is to provide financial and non-financial data for managers, and other internal and external stakeholders. Managerial accounting is in constant correlation with financial accounting and cost accounting. Hence, it can be confirmed that in the reports of management accounting, the data are intertwined from more accounting aspects. 

References

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Published

2017-10-09

How to Cite

Zdravkoski, I., Nikolovski, P., Vezenkoska, S., Nolcheska, V., Blazhekovich, M., & Kimovska, M. (2017). The System of Management Accounting and Cost Optimization in Order to Improve the Financial Result. International Journal of Sciences: Basic and Applied Research (IJSBAR), 36(3), 235–243. Retrieved from https://www.gssrr.org/index.php/JournalOfBasicAndApplied/article/view/7725

Issue

Vol. 36 No. 3 (2017)

Section

Articles

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