THE USE OF MANAGERIAL ACCOUNTING INFORMATION ON PROPERTY MANAGEMENT: A STUDY OF CONDOMINIUM MANAGERS

Abstract

The aim of this study is to identify how condominium managers rate the value of managerial accounting information for their management decision making. For that, the building managers who hired “Alpha Accounting and Condominium Management,” a company in Uberlândia, Brazil, were surveyed. The data collection research is descriptive, and a sample of 37 respondents answered questionnaires. Results have shown that condominium managers use managerial accounting information especially for decision-making and for disclosing their accounting reports. The company and condominium managers interviewed have numbered the main accounting reports they use: payroll, internal control of receipts and revenue, monthly turnover balance sheets, and cash flow statements. This study is aimed at encouraging improvement and development of the service provided by condominium accountants, and at managers, so that they can better evaluate their managerial practices and information as instruments of planning and control for managing condominiums.