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
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
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
- 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.
Writing the Final Paper
The Final Paper:
- Must be eight to ten double-spaced pages in length, and
formatted according to APA style as outlined in the Ashford Writing
- Must include a title page with the following:
- Title of paper
- Student’s name
- Course name and number
- Instructor’s name
- Date submitted
- Must begin with an introductory paragraph that has a succinct thesis statement.
- Must address the topic of the paper with critical thought.
- Must end with a conclusion that reaffirms your thesis.
- Must use at least five scholarly sources.
- Must document all sources in APA style, as outlined in the Ashford Writing Center.
- Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.