An Approach to the Management Control-Management Accounting Relationship

Abstract

This paper shows the essential relationship that accounting has had with control from its origin, and how it has become a fundamental process for decision-making in organizations. In the cycle of representing, measuring, assessing, generating information and communicating there is a need to control resources that is met by accounting. Thus, the text outlines this relationship from the point of view provided by management accounting and management control. At the same time, the paper argues that management control is a key tool in organizations and that it is decisive at the time of deploying strategies in the scope of the organization. In this context, it is noted that the international rules governing financial accounting restrict its field of action, providing limited information to management. Finally, the paper proposes that the management control system must be designed and operate in such a manner that suits any changes and processes that occur in the organizational goals.