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What managerial accounting concept or procedure did you find most interesting? Most challenging? How do you...

What managerial accounting concept or procedure did you find most interesting? Most challenging? How do you see yourself using managerial accounting in the future?
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The managerial accounting is an important organ of accounting. It is concerned with the generation of reports classifying and analyzing financial data. It plays an important role in taking several important organizational decisions.

Interesting topic in managerial accounting involves cost relevance on the basis of it several important decisions such as make or buy, continue or discontinue, and such other decisions are taken.

Sometimes it becomes challenging to take decisions on the basis of marginal costing.

In future I see myself at the position of managerial accounting manager and playing significant role in organizational decision making process and directing it towards more profitable path.

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