Sunday, April 25, 2010

Managerial Accounting

I am really glad that we had this class! Managerial Accounting is the arm that allows managers to make decisions based on the information that they have at hand. Unlike Financial Accounting, which is more geared toward external reporting, Managerial Accounting's sole purpose is to be a tool for the internal manager.

I find that I don't always appreciate the value in the material until I'm studying for exams. This morning, I've already squirelled away a few frameworks that I can readily use post MBA. Now, if only I could find myself a summer internship so that I can put this knowledge to work!

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