management accountant The role of the management accountant is much more important than the financial accountant, as he studies the data from the financial accountant and the cost accountant to help the company’s management in making the most appropriate administrative decision according to the data he studied. Among the alternatives, such as alternatives to production plans and alternatives to manufacturing, purchasing or manufacturing, and putting forward ideas to reduce costs while maintaining product quality. It also includes his role in developing ideas to increase production based on the opportunity cost of production within the limits of the available resources, which increases the profitability of the company.