The role of management accounting in the management of an organization

The article is devoted to defining the role of management accounting in the management of an organization. The article considers the essence, basic concepts and methods of management accounting, and also reveals the role of management accounting in the development of a modern organization. Management accounting is vital for the functioning of any organization when making management decisions. Management accounting guides the actions of the manager, motivates behavior, supports and creates cultural values necessary to achieve the strategic, tactical and operational goals of the organization.