How Managers use Accounting to Make Better Decisions

Addressing the topics of decision-making and also the use of knowledge covers a good vary of ?elds, every with its own perspective. My paper focuses on the role of monetary accounting informations in social control decision-making. The ?ndings of my paper unconcealed that money accounting informations facilitate managers recognise what happened within the past and that is that the gift state of a?airs of the corporate, create visible those events that don't seem to be perceptible by daily activities, give a quantitative summary of the corporate and facilitate managers for future activities and choices. To be useful for deciding, money accounting data should be intangible, relevant, reliable and comparable. The fact of decision-making reveals that choices square measure taken not solely in terms of informations and standing quo, however supported personal beliefs and representations that form the non-public vision of the planet. K. M. Srisruthi"How Managers use Accounting to Make Better Decisions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-6 , October 2017, URL: http://www.ijtsrd.com/papers/ijtsrd4613.pdf http://www.ijtsrd.com/management/strategic-management/4613/how-managers-use-accounting-to-make-better-decisions/k-m-srisruthi