Running Head: ROLE OF MANAGERIAL ACCOUNTING
Decision Making with
Managerial Accounting
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.
Part II will provide examples
of how managerial accounting theories and principles are applied in the
business world.
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
Part II (Four to six
double-spaced pages, excluding the title and reference pages)
Select at least three of the
five topics identified below:
Cost Management Techniques
Costing Methods
Capital Investment Decision
Techniques
Budgeting
Quality Control
For each topic selected,
present real world examples of the application of managerial accounting
techniques within a business or organization.
Examples may be gathered from
your own professional experiences or from case studies obtained from credible
sources (excluding textbook examples explored in previous weeks).
Presentation of each example
should include how a managerial accounting technique was applied in the
business or organization’s decision-making model. Be sure to support your
example with calculations when applicable.
Paper must be 8 -10 pages in
APA Format
