Analysis of Performance From a Managerial Accounting Perspective

Abstract

The results of scientific study and literature review indicate that new strategic transformations of entities are being examined for the adoption of a performance management system. This system has the responsibility of converting the strategic plan of long-term and medium-sized objectives into associated activities between the managerial plan and financial-accounting. An integrated system of performance indicators is implemented to properly estimate a company's worth in this chapter, which analyses the new research paths at the junction of accounting and management. The findings reveal that implementing performance management inside an entity satisfies a number of conditions that are directly connected to the level of achievement of the specified goals.