Management Accounting and Performance Measures

Management accounting structures and analyzes financial and non-financial information to support managers in their management tasks. It provides them with information on costs, forecasts, and performance, facilitating decision-making and control in line with the organization's strategy. It is a very useful tool for managers, as it provides a quantified picture of the organization. However, these figures are based on assumptions that must be understood in order for these tools to be used properly. Moreover, management accounting is involved in power struggles and can have unexpected effects, which must be taken into account to ensure effective and ethical management. Finally, it must be adapted to the context in which the organization operates and should incorporate the social and environmental dimensions of performance. This course introduces management accounting and its various tools, their strengths, and their limits. Course Sustainability, Social Responsibility and Ethics Integration Introduction to ESG performance measures.