Question

Please identify a specific company that would rely on managerial accounting information and why this is the case. When identifying the company please list it’s full legal name, location, industry, and how managerial accounting would assist in analyzing a company’s financials. It is not allowed to use the same company as a student from a previous post in Week 1.

Answer 1

Managerial accounting is a branch of accounting that is concerned with the identification, measurement, analysis, and interpretation of accounting information so that it can be used to help managers to make necessary decisions to efficiently manage a company’s operations.

Jio

Telecommunications company

is an Indian telecommunications company and subsidiary of Jio Platforms,

Managerial accounting helps many ways in analysing caompanies financial

• Relevant costs analysis
• Relevant Costs Analysis
• Audience Targeting
• Make or Buy Evaluations.
• Define Budgets
• Controlling
• Planning

Managerial accounting provides data and informations that are importants for managers to take decisions. it provide all valuable and relevant data to caompany. it is a tool to take many importants deciosions,

it provide detailos whats going on in and out organisatins , so right deciosion can be taken at right time.