PROBLEMS IN ORGANIZING MANAGEMENT ACCOUNTING IN SMALL BUSINESS ENTITIES AND THEIR SOLUTIONS

Abstract

Effective management accounting is crucial for the success and sustainability of small business entities. However, these organizations often face unique challenges when it comes to organizing and implementing management accounting practices. This article explores the common problems encountered in organizing management accounting in small businesses and provides practical solutions to address them. By identifying and overcoming these obstacles, small business owners and managers can enhance financial decision-making, optimize resource allocation, and ultimately improve their competitiveness in the market.