The process of identifying, measuring, analyzing, interpreting, and communicating information for the pursuit of an organization's goals.


The key difference between managerial and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing information to parties outside the organization.

This is also known as "cost accounting."

http://www.investopedia.com/terms/m/managerialaccounting.asp


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Note added at 1 hr (2006-05-15 23:11:42 GMT)
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Teresa: I can't speak for Spain, but in El Paso, TX, I was a cost analyst/cost accountant in the apparel industry, with daily contact with our plants in Mexico and Costa Rica.

My job title was always translated as contadora analítica.

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Note added at 4 hrs (2006-05-16 02:12:00 GMT)
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contabilidad analítica - cost accounting, analytical cost accounting Diccionario de términos económicos, financieros, y comerciales-Enrique Alcaraz Varó y Brian Hughest Inglés-Español Spanish-English

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Note added at 4 hrs (2006-05-16 02:13:18 GMT)
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Perdón ...Brian Hughes