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RE: Management accounting as a fundamental tool in the process of financial operations.

Greetings friend @dgalan and if you allow me, appreciated colleague since I am also a public accountant by profession.

This type of article is very interesting since it allows people, especially investors, entrepreneurs or businessmen, to understand that accounting is not about simply making notes and keeping track of financial operations carried out, on the contrary having a fundamental role in the correct and efficient execution of the core processes of the companies.

Accounting based on management models not only establishes efficient links between the administration of the organization's resources and production processes, but also allows management to obtain a global and complete approach to the financial result of its operations, counting on clear and precise elements. in order to determine the need to make changes or adjustments in terms of organizational performance.

Nice to read my estimate, we keep reading!

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Greetings @ @ karupanocitizen I share your opinion and appreciate your comments, it is good to have interaction with other colleagues. Correctly accounting allows management to know through the financial statements the economic and financial situation at a given time to make adjustments and make decisions of any kind that will benefit the organization.
Thank you very much for your comments