THE IMPACT OF MANAGEMENT ACCOUNTING TOOLS ON COST REDUCTION APPLIED STUDY IN IRAQI MANUFACTURING FIRMS

Abstract

Organizations in the current period face several demands and problems, owing mostly to rapid fundamental developments in all disciplines. Because of the availability of effective technology and systems that assist officials and managers in making sound management judgments, greater experience and excellent management skills are required. Management accounting has evolved as a powerful instrument for disseminating financial data to various levels of management. Hence, management accounting employs a plethora of cutting-edge technologies and strategies to help organizations gain a competitive advantage. The goal of this research is to look at the impact of management accounting technologies on lowering costs in Iraqi industrial firms.