Managerial accounting as an element of information support of the commercial organization

The article presents the concept of management accounting. Discussed the need for accounting information in the period of formation of the subject of Economics. Defined information orientation of management accounting in commercial organizations. The estimation of management accounting as the main tool in providing information to the organization. Presents the relationship of accounting, industrial and managerial accounting. Defines the role of information for timely and effective managerial decision-making. Confirmed the importance of the elements of information flow to reflect the processes of a commercial organization.