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RE: Management accounting as a fundamental tool in the process of financial operations.
Hello @dgalan
Having absolute control of operating expenses, of everything that has to do with running the company is what allows risks to be minimized for future investments and decisions.
I think in part many companies go into risk if they have no record of mistakes they might have made in previous operations.
Greetings @ josevas217 . very true what you say you must have control and record of everything to be able to make the right decisions . Management accounting helps the company to fulfill plans and goals in the short, medium and long term, essential to be successful companies.
Thank you very much for your comments.