Development of interaction of internal control, management accounting and analysis as a tool to improve the quality of management decisions

The article describes the interaction of internal control, management accounting and analysis in organizations of various industries and forms of ownership from the standpoint of building and organizing an internal accounting and analytical system. The necessity of organizing a management accounting, analysis and internal control system for responsibility centers for which separate budgets are compiled, identical in structure, but different in the number of articles that are in the responsibility of a particular center, is substantiated. The development of accounting and management support (budgeting) provides the operational processing of indicators of the organization’s current activities to obtain data on the effectiveness of the current execution of the adopted budget and accounting for deviations, and also allows managers to make management decisions more quickly. Management analysis involves evaluating the results of the implementation of management decisions, the basis of which is controlled data...