Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.
Managerial accounting, also known as cost accounting or management accounting, is a type of accounting focused on providing internal financial information to a company's management for decision-making purposes. It's less about adhering to public reporting standards and more about providing actionable insights to drive strategic business decisions.
Managerial accounting covers a broad range of activities. This can include budgeting, forecasting, cost analysis, profitability analysis, variance analysis, and more. The goal is to give managers the financial tools they need to make informed business decisions. Unlike financial accounting, which is strictly regulated, managerial accounting is more flexible and can be adapted to the specific needs of the company.
Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.
We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.
Get the peace of mind that comes from partnering with our experienced finance team.