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the management of any organization make key decisions in the area of planing, organizing, controlling and budgeting. therefore information are needed in these areas.
management needs to plan what objectives of the organization should be and how these objectives would be achieved. once the objectives and plan of an organization have been determined, the management is in position to determine the tasks that will be performed. after this has been done, the implementation of the work plan aimed at achieving the set objectives in the planning stage. during the implementation of the work plan, the performance of such organization must be reinforced to ensure that plans are being put effectively into practice.

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Q: Why do manager need accounting information?
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