OPTIMIZATION OF MANAGERIAL DECISION MAKING THROUGH TRAINING IN COST ACCOUNTING

Effective cost management is critical to business success. This study focuses on the influence of cost accounting training on managerial decision making. Using a qualitative approach and document review technique, the relationship between cost accounting training and decision making was explored. The results highlight that cost accounting training enables companies to identify areas for improvement and eliminate redundancies in their production methods, contributing to greater operational efficiency and improved performance measures. Effective cost management is essential to business success and value creation, as it provides managers with the tools necessary to effectively evaluate strategic alternatives and make informed decisions for business growth and profitability.