management accounting frameworks

Management accounting frameworks are structured methods that organizations use to analyze, interpret, and manage their financial and operational information. They help managers make informed decisions by providing insights into costs, budgets, performance, and strategic planning. These frameworks include tools like budgeting, variance analysis, performance measurement, and cost management. Essentially, they serve as a roadmap, guiding managers in optimizing resources, improving efficiency, and achieving business objectives in a systematic and disciplined way.