"Managerial Accounting" by Garrison, Noreen, and Brewer

"Managerial Accounting," by Garrison, Noreen, and Brewer, focuses on providing managers with relevant financial information to help them make informed decisions within a business. Unlike financial accounting, which reports past performance to external parties, managerial accounting emphasizes planning, controlling, and improving operations internally. It involves analyzing costs, budgeting, and performance metrics to guide daily and strategic decisions. This field enables managers to optimize resources, increase efficiency, and achieve organizational goals by offering tailored, timely insights into financial and operational data.