management accounting
[/ˈmænɪdʒmənt əˈkaʊntɪŋ/]
noun
contabilidade gerencial
1. The process of preparing accounting information for managers within an organization to use for planning, controlling, and decision-making purposes
Management accounting helps the company track its costs and profitability by department.
A contabilidade gerencial ajuda a empresa a rastrear seus custos e lucratividade por departamento.
2. The branch of accounting that focuses on internal financial reporting and analysis rather than external reporting to stakeholders
Unlike financial accounting, management accounting is not subject to strict regulatory standards.
Diferentemente da contabilidade financeira, a contabilidade gerencial não está sujeita a normas regulatórias rigorosas.
3. The practice of analyzing financial data to support management decisions about resource allocation and operational efficiency
The management accounting team prepared a detailed budget forecast for the next fiscal year.
A equipe de contabilidade gerencial preparou uma previsão orçamentária detalhada para o próximo exercício fiscal.
Management accounting is a critical function in both Brazilian and American corporations, particularly in multinational companies. In Brazil, it gained prominence during the economic liberalization period and is now essential in larger organizations. In the USA, it has been a standard practice since the early 20th century and is regulated by different standards (GAAP vs. IFRS) than financial accounting. The role emphasizes strategic decision-making and operational efficiency in both cultures.
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