The Institute of Management Accountants released a pair of reports on how accountants can use design thinking and creative problem-solving to find innovative ways to address issues in their ...

Managerial accounting focuses on the internal needs of a business, not on outside users of financial information. Problems in this area vary from one business to the next, even within the same ...

Management accounting techniques are accounting procedures that emphasize current information and analysis for managerial decision-making. They are designed to provide small-business owners with ...

Effective problem solving is a crucial skill for managers to possess because they’re expected to be able to overcome challenges in everyday operations to more complex conflicts and missed goals. Being ...