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accounting, contrasted, costing, financial, managerial, operations, private, public, purpose, sectors
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Essay (General) # 19994 :: Managerial Accounting
Examines how it is contrasted with financial accounting, purpose and costing operations in public and private sectors.
Written in 1993; 1,575 words; 5 sources; $ 55.95
From the Paper:
"This research compares the application of managerial accounting principles in government and private sector organizations. The movement toward making government more accountable includes pressures on public sector agencies to improve the efficiency of their application of public funds.. Measuring financial performance in government means applying managerial accounting principles to the operations of public sector organizations.. Managerial accounting principles were designed, however, with profit-oriented organizations in mind. This orientation of management accounting does not mean that the principles of the discipline are not applicable to government organizations, but it likely does mean that managerial accounting will remain more significant in the private sector than in the public sector."

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