Decision Making with Managerial Accounting

profilebhmith1m3467

 

Due to varying business characteristics, the managerial accounting techniques applied in each business may differ.  For example, a business in the start-up phase may rely heavily upon budgeting and capital investment techniques; whereas, a business in the mature/maintaining phase may rely heavily upon cost management and quality control. Ultimately, the techniques used by management should assist the business in achieving its short-term and long-term goals through effective decision-making.

For your Final Paper, you will analyze the role of managerial accounting in two parts. Part I will provide a general overview of managerial accounting. You may find it helpful to reflect upon your own professional experiences for examples. 

Part I (three to four double-spaced pages, excluding the title and reference pages)

Present the following:

  • Define managerial accounting
  • Describe the role of managerial accounting and the management accountant in a business or organization
  • Describes ethical issues/concerns for the management accountant
  • Describes at least three managerial accounting techniques available and their application within a business or organization

 

    • 9 years ago
    • 10
    Answer(1)

    Purchase the answer to view it

    blurred-text
    NOT RATED
    Bids(1)