I would recommend Frontier Airlines to focus more on Managerial accounting as it works to get its finances back on firm footing.
Financial accounting only cares about generating a profit and not the overall system of the company. But, managerial accounting looks for bottleneck operations and examines various ways to enhance profits by eliminating bottleneck issues. So, Frontier Airlines should focus more on Managerial accounting.
Managerial accounting focuses on what it takes to keep a business operating profitably, it tracts and projects revenue and expense. The data collected and the results reported help managers choose what is best for them.
Hence, Frontier Airlines should focus more on Managerial accounting.
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