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Accounting A case of Saudi Arabia

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https://www.studypool.com/discuss/281490/pp t-slides-for-presentationManagerial Accounting A case of Saudi Arabia Your name Instructor’s name Date” Management Accounting The processes in management accounting deal with the provision of giving out financial and non-financial information to the managers which will help them in decision-making. Management accounting help organizations provide more customer satisfaction to generate more profit by retaining old customers and attracting new ones. The evolution and adoption of management accounting practices have been adopted by many organizations today to cater to the changing needs of the customers and as a response to increased competition in the industry Management Accounting Practices in Saudi organizations Purely Islamic country Compliance with the Islamic rules and regulation Companies are more reliant on the traditional approaches in management accounting, which include the usual budgeting practices for planning and control, and the standard costing method as well as performance evaluation based on divisional profits Research finding about the use of Management Accounting Chenhall and Langfield Smith conducted a survey of 140 manufacturing firms to map the use of their forty-two Management Accounting Practices The analysis of the results showed that performance evaluation based on controllable profit, customer satisfaction and return on investment were one of the moderately adoptive tools ...
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