"Process of preparing forward-looking information and internal reporting we call management accounting."

By knowing the business activities that have taken place in the past, we enable perspective management

of future activities.

It can be said that management accounting helps users of information within (management at all

levels of responsibility) and outside the company (business owners, shareholders, various creditors, government agencies, etc.)

that based on the collected information that refers not only to the future but also information from the past of the business, they make better and more responsible decisions.

Thus, we can look at accounting as the basis of business decision-making.