The use of management accounting for managerial decision-making

In the article the urgency of application in practice of management accounting by responsibility centers or cost centers, facilitating the design and decision-making by management to meet the needs of corporate planning to strengthen the profitability of the business. Divisions of the company that can act as centers of responsibility and costs are identified, which makes it possible to provide the most reliable and accurate economic information to management about current Affairs and financial and economic activities of an economic entity, contributes to the creation of a highly effective accounting system, and increases the efficiency of commercial organizations.