Business Logistics: Interrelationship between managerial and financial accounting – a strategy generating competitive advantage
Publication Date : 11/03/2020
This article aims to analyze the relevance within business logistics as a management tool, Financial Accounting and Management Accounting, bringing to light the interrelationship between these, in order to generate competitive advantage for organizations. The reflection on Business Logistics and its relevance as a management tool, representing a competitive advantage and adding value for companies, supported by Financial and Management Accounting, closely related to the evolution of society and consequently the information needs of each moment and context economic. The new world scenario, and why not say national too, tends to design a new logistics for the need to create a valuation base for the company's consumers and suppliers, values that are expressed by the aspects of time and place, raising the integrated logistics, as a strong competitive differentiation feature among competitors, playing a decisive role in the survival or decay of a company. On the other hand, advances lead us to understand that there is a need for an evolution also on the part of Accounting as to how it was organized that no longer corresponded to market demands, therefore expanding its range of operations from financial to managerial too, that is , to assist companies in more strategic matters. Keywords — Business logistics; Management accounting; Financial Accounting; Competitive advantage; Business strategy.
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